This month, we share a report and an article that analyze the need for urgent action and policies to reduce the social inequalities that skyrocketed during the pandemic worldwide.
Profiting From Pain
Inequality, already extreme before COVID-19, has now reached new levels. While billionaire wealth grew, millions of people worldwide faced a cost-of-living crisis. According to new Oxfam’s report, governments urgently need to increase the taxation of wealth and corporate profits to reduce inequalities drastically.
We Need More Equality to Go with Fairness
Eight of the world’s richest men possess the same wealth as the poorest half of the world. Moreover, the 22 richest men have more wealth than all the women in Africa, notes Jonathan Power in We Need More Equality to Go with Fairness. So what do we need to halt the surge of inequality in the world?