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Surging tides of inequality

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In much of the world, the accident of where a person is born continues to determine her life chances, education and wealth. Even It Up, a recent significant report by Oxfam, marshals worrying evidence of rapidly growing inequality between and within nations, which continue to block chances for billions of the world’s poor people to improve their life situations. Eighty-five people own as much wealth as the poorest half of the global population put together. This is a “tiny elite whose numbers could all fit comfortably on a double-decker bus”, in the words of Winnie Byanyima, Oxfam Executive Director. From March 2013, these 85 people grew richer by $668 million every day. If...

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