Leaders meeting in Davos must take concrete action to reverse rising inequality - and finally put the poorest 99% first
As we enter another year of global uncertainty, government and business leaders are heading to the World Economic Forum in Davos as its own Global Risk report (pdf) identifies growing inequality for the second year as one of the biggest potential challenges the world is facing.
The Occupy protests that took place in cities from London to Lagos demonstrated the strength of public outrage at the increasing wealth and power of the richest 1%, compared with the dire straits in which the poorest 99% find themselves following a crisis not of their making.
To stem the rising tide of inequality, the world now needs bold solutions more than ever. Oxfam's pre-Davos briefing, The cost of inequality: how wealth and income extremes hurt us all, attempts to kickstart the debate.[view whole blog post ]