Sixty-two of the world’s wealthiest people own as much as the poorest 3.6 billion – a shocking figure that will certainly come up at this week’s annual meeting of the World Economic Forum in Davos. The question is whether the people who get invited to Davos – the global elite – will take action to combat growing economic inequality.
DAVOS – Sixty-two. That is how many of the world’s wealthiest people own as much as the poorest 3.6 billion, down from 388 people in 2010. This shocking figure has made the rounds at this week’s annual meeting of the World Economic Forum (WEF) in Davos, as political and business leaders debate how to improve the state of the global economy. The question is whether the global elite attending Davos will take action to combat damagingly high (and growing) economic inequality.
DAVOS – Sixty-two. That is how many of the world’s wealthiest people own as much as the poorest 3.6 billion, down from 388 people in 2010. This shocking figure has made the rounds at this week’s annual meeting of the World Economic Forum (WEF) in Davos, as political and business leaders debate how to improve the state of the global economy. The question is whether the global elite attending Davos will take action to combat damagingly high (and growing) economic inequality.