- Oxfam condemns “private finance takeover” of development efforts, as over 3.7 billion people remain in poverty ten years after the Sustainable Development Goals were agreed.
- New Oxfam analysis unveils “astronomical rise in private wealth”. Between 1995 and 2023, global private wealth grew by $342 trillion – 8 times more than public wealth.
- Oxfam analysis also shows governments are making the largest cuts to life-saving aid since aid records began. Aid cuts could cause 2.9 million more children and adults to die by 2030, from HIV/AIDS causes alone.
- Results of a new global survey show 9 out of 10 people support paying for public services and climate action through taxing the super-rich.
- Oxfam urges new strategic alliances to address inequality; urgently revitalize aid and tax the super-rich; and assert new “public-first” approach over private finance.
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A reminder that at our level of technological development poverty is a social construct. Whether it’s deliberate or emergent, we can change this at any time.
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Unfortunately, having so much wealth means they can buy the people who decide who gets charged.
