{"id":136711,"date":"2025-01-20T09:00:17","date_gmt":"2025-01-20T07:00:17","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/billionaires-growing-richer-faster-than-ever-says-oxfam\/"},"modified":"2025-01-20T09:00:17","modified_gmt":"2025-01-20T07:00:17","slug":"billionaires-growing-richer-faster-than-ever-says-oxfam","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/billionaires-growing-richer-faster-than-ever-says-oxfam\/","title":{"rendered":"Billionaires growing richer faster than ever, says Oxfam"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/136711\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>Oxfam said trillionaires are expected to emerge within the next decade, as the richest 1% now own 45% of global wealth, while 44% of humanity lives on less than $6.85 per day.\u00a0There is increasing disparity in the world today as an &#8221;aristocratic oligarchy&#8221; is amassing wealth wealth at unforeseen levels, a report published by development organization Oxfam said on Monday. Published ahead of the World Economic Forum (WEF) in Davos, the report titled &#8221;Takers Not Makers&#8221; said billionaire wealth soared by $2 trillion (\u20ac1.94 trillion) in 2024, growing three times faster than the previous year.<\/p>\n<p>While the richest 1% now own 45% of global wealth, 44% of humanity lives on less than $6.85 per day, and global poverty rates have barely changed since 1990, the report said. &#8221;We present this report as a stark wake up-call that ordinary people the world over are being crushed by the enormous wealth of a tiny few,&#8221; Oxfam executive director Amitabh Behar said.<\/p>\n<p>Another point raised in the report was the assertion that trillionaires are expected to emerge within the next decade, as the wealth of the richest 10 billionaires grew by $100 million per day on average, over the last 10 years. Last year saw the emergence of 204 new billionaires, with total billionaire wealth increasing by $2 trillion in 2024.<\/p>\n<p>Behar warned about an economic system has been created where &#8221;billionaires are now pretty much being able to shape economic policies, social policies, which eventually gives them more and more profit.&#8221; The report also pointed out that one in ten women globally lives in extreme poverty, earning less than $2.15 a day. It further added that women provide 12.5 billion hours a day of unpaid labor, adding an estimated $10.8 trillion to the global economy, three times the global tech industry&#8217;s value.<\/p>\n<p>US President Donald Trump also found a mention in the Oxfam report as his policies, including tax cuts and deregulation, are being criticized for potentially fueling inequality and further enriching billionaires \u2014 including Elon Musk \u2014 a major supporter of Trump&#8217;s reelection campaign. &#8221;The crown jewel of this oligarchy is a billionaire president, backed and bought by the world&#8217;s richest man Elon Musk, running the world&#8217;s largest economy,&#8221; Behar said.In Davos, protesters with banners reading &#8221;tax the rich&#8221; and &#8221;burn the system&#8221; gathered ahead of the summit expected to focus largely on economic strategies, artificial intelligence, and global conflicts. Its 3,000 attendees would include world leaders and business executives.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.dw.com\/en\/billionaire-wealth-growing-faster-than-ever-says-oxfam-report\/a-71345320\">DW<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vau-viikkokatsaus\/billionaires-growing-richer-faster-than-ever-says-oxfam\/\">Billionaires growing richer faster than ever, says Oxfam<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[17642,1750,606,607,608],"class_list":["post-136711","post","type-post","status-publish","format-standard","hentry","category-news","tag-billionaires","tag-oxfam","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/136711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=136711"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/136711\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=136711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=136711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=136711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}