Read on Twitter
Davos begins. Our @Oxfam inequality paper out now.
Headlines:
We risk seeing biggest rise in inequality *on record*
Top 10 billionaires (men) half a trillion richer since March
Could take decade+ for billions of poorest people to recover from pandemic economic hit
THREAD
Headlines:
We risk seeing biggest rise in inequality *on record*Top 10 billionaires (men) half a trillion richer since MarchCould take decade+ for billions of poorest people to recover from pandemic economic hitTHREAD
Millions have lost lives. Hundreds millions more have lost jobs & incomes.
Across the world, the story is of billions of the poorest people being hardest hit.
But it's a very, very different story at the very top.
And these two stories are connected.
2/10
Across the world, the story is of billions of the poorest people being hardest hit.
But it's a very, very different story at the very top.
And these two stories are connected.
2/10
We have a profoundly unfair economic system.
A system that's enabling a super-rich elite to amass unimaginable fortunes.
While making it harder for billions of people in poverty to put food on the table - or get treatment when they're sick.
And it's not just that.
3/10
A system that's enabling a super-rich elite to amass unimaginable fortunes.
While making it harder for billions of people in poverty to put food on the table - or get treatment when they're sick.
And it's not just that.
3/10
The economy is rigged against you if you're poor.
But also if you're a woman or a girl.
Or from a marginalized racial and ethnic group.
Elitism, patriarchy and white supremacy is conspiring at the heart of our economy to divide our world and sow huge suffering.
4/10
But also if you're a woman or a girl.
Or from a marginalized racial and ethnic group.
Elitism, patriarchy and white supremacy is conspiring at the heart of our economy to divide our world and sow huge suffering.
4/10
Consider Afro-descendants in Brazil. They're 40% more likely to die of COVID19 than White people.
40%. Think about that
In the US nearly 22,000 Black & Hispanic people would still be alive today if they experienced the same COVID19 mortality rates as White people.
22,000
5/10
40%. Think about that
In the US nearly 22,000 Black & Hispanic people would still be alive today if they experienced the same COVID19 mortality rates as White people.
22,000
5/10
We can't go on like this. The future can't be more of this.
@Oxfam we're calling for every government on the planet to explicitly commit to equality. And get working on it.
It means ending extreme economic inequality.
And abolishing racial & gender inequality altogether.
6/10
@Oxfam we're calling for every government on the planet to explicitly commit to equality. And get working on it.
It means ending extreme economic inequality.
And abolishing racial & gender inequality altogether.
6/10
We need an urgent pro-sustainability pro-equality policy mix.
It's common-sense for the 21st century.
Specifically?
Most urgently we need governments to ensure everyone has access to a COVID19 vaccine, a #PeoplesVaccine, and to financial help if they lose their income.
7/10
It's common-sense for the 21st century.
Specifically?
Most urgently we need governments to ensure everyone has access to a COVID19 vaccine, a #PeoplesVaccine, and to financial help if they lose their income.
7/10
We need governments to invest in public services and low carbon sectors to create millions of new jobs.
We need to ensure everyone has access to a quality education, health, and social care. Publicly-funded, publicly-delivered, quality universal public services.
8/10
We need to ensure everyone has access to a quality education, health, and social care. Publicly-funded, publicly-delivered, quality universal public services.
8/10
And we need to tax the richest people & corporations progressively to pay for this.
What offers some hope?
A few governments showing what can be done.
New Zealand's wellbeing approach. Sierra Leone on education. Costa Rica's universal health system. South Korea. And more
9/10
What offers some hope?
A few governments showing what can be done.
New Zealand's wellbeing approach. Sierra Leone on education. Costa Rica's universal health system. South Korea. And more
9/10
Let's ask what we really want as a society.
Such extreme inequality is not inevitable.
It's a policy and a political choice.
Governments. Business. We, the people. We can decide a different way.
Let's build economies that work for us all, not just the privileged few.
ENDS
Such extreme inequality is not inevitable.
It's a policy and a political choice.
Governments. Business. We, the people. We can decide a different way.
Let's build economies that work for us all, not just the privileged few.
ENDS
