Universal health, education, and other public services reduce the gap between rich and poor, and between women and men. Fairer taxation of the wealthiest can help pay for them. Our economy is broken, with hundreds of millions of people living in extreme poverty while huge rewards go to those at the very top.
The number of billionaires has doubled since the financial crisis and their fortunes grow by $2.5bn a day, yet the super-rich and corporations are paying lower rates of tax than they have in decades. Click here to read more.
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22nd January 2018
RICHEST 1 PERCENT BAGGED 82 PERCENT OF WEALTH CREATED LAST YEAR – POOREST HALF OF THE WORLD GOT NOTHING, SAYS OXFAM!FIND FULL REPORT HERE
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Experts: South Africa’s Poor Will Revolt, If They Feel They Have No Choice I society. A social uprising could be on the cards if South Africa’s leaders do not take drastic action to alleviate poverty, experts have said.
Experts believe if the poor-who now constitute more than half of the country’s population–are coordinated and mobilised by political parties or other organisations, a rebellion or revolt could erupt. ”you just need localised leaders to emerge and generalise a broader revolt,” according to Wits sociology professor Devan Pillay.Read more