Winnie Byanyima, who is the executive director of Oxfam International, said the increased concentration of wealth was dangerous and needed to be reversed before something catastrophic happened on a global level. “The message is that rising inequality is dangerous. It’s bad for growth and it’s bad for governance. We see a concentration of wealth capturing power and leaving ordinary people voiceless and their interests uncared for,” said Byanyima. She went on the further say, “do we really want to live in a world where the 1% own more than the rest of us combined? The scale of global inequality is quite simply staggering and despite the issues shooting up the global agenda, the gap between the richest and the rest is widening
Winnie Byanyima, who is the executive director of Oxfam International, said the increased concentration of wealth was dangerous and needed to be reversed before something catastrophic happened on a global level. “The message is that rising inequality is dangerous. It’s bad for growth and it’s bad for governance. We see a concentration of wealth capturing power and leaving ordinary people voiceless and their interests uncared for,” said Byanyima. She went on the further say, “do we really want to live in a world where the 1% own more than the rest of us combined? The scale of global inequality is quite simply staggering and despite the issues shooting up the global agenda, the gap between the richest and the rest is widening