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[IWS] Oxfam: EVEN IT UP: TIME TO END EXTREME INEQUALITY [29 October 2014]

IWS Documented News Service

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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

Oxfam

 

EVEN IT UP: TIME TO END EXTREME INEQUALITY [29 October 2014]

http://www.oxfam.org/sites/www.oxfam.org/files/file_attachments/cr-even-it-up-extreme-inequality-301014-en.reviewed.pdf

[full-text, 142 pages]

 

Summary

http://www.oxfam.org/sites/www.oxfam.org/files/file_attachments/cr-even-it-up-extreme-inequality-301014-summ-en.reviewed.pdf

 

[full-text, 36 pages]

 

Press Release 29 October 2014

Time to End Extreme Inequality

http://www.oxfam.org/en/research/time-end-extreme-inequality

 

"This report from Oxfam is a stark and timely portrait of the growing inequality which characterises much of Africa and the world today... It contains many examples of success to give us inspiration. I hope that many people from government officials, business and civil society leaders, and bilateral and multilateral institutions will examine this report, reflect on its recommendations and take sustained actions which will tackle the inequality explosion."

Graça Machel, Founder of the Graça Machel Trust

 

Economic inequality has reached extreme levels

 

From Ghana to Germany, Italy to Indonesia, the gap between rich and poor is widening. In 2013, seven out of 10 people lived in countries where economic inequality was worse than 30 years ago, and in 2014 Oxfam calculated that just 85 people owned as much wealth as the poorest half of humanity.

 

Extreme inequality corrupts politics and hinders economic growth.

 

It exacerbates gender inequality, and causes a range of health and social problems. It stifles social mobility, keeping some families poor for generations, while others enjoy year after year of privilege. It fuels crime and even violent conflict. These corrosive consequences affect us all, but the impact is worst for the poorest people.

 

AND MORE....

 

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