With the inexorability of a law of nature, the British NGO Oxfam welcomes each year the opening of the World Economic Forum in Davos with the publication of its report on inequalities, which concludes with their aggravation and their catastrophic consequences.
With the obligation to hit harder and harder, even if the escalation of figures and the shock of formulas emancipate themselves from facts and reason.
According to Oxfam, rising inequality is the single cause of the multiple crises the world is experiencing.
Since 2020, 1% of the population would have captured two-thirds of new wealth, i.e. twice as much as the poorest 99%, and the fortune of billionaires would increase by 2.7 billion dollars a day while wages by 1 .7 billion people are not keeping pace with inflation.
Food and energy companies have reportedly more than doubled their profits and paid out $257 billion to their shareholders, while $800 million…
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