{"id":370,"date":"2018-01-22T19:57:56","date_gmt":"2018-01-22T19:57:56","guid":{"rendered":"http:\/\/www.pbmv.com\/blog\/?p=370"},"modified":"2018-01-22T19:57:56","modified_gmt":"2018-01-22T19:57:56","slug":"income-inequality","status":"publish","type":"post","link":"https:\/\/www.pbmv.com\/blog\/?p=370","title":{"rendered":"Income Inequality"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"yachts.jpg\" src=\"\/blog\/wp-content\/media\/images\/yachts.jpg\" alt=\"yachts.jpg\" width=\"470\" height=\"282\" \/><strong>Inequality gap widens as \u2018world\u2019s richest 1% get 82% of the wealth.<\/strong><\/p>\n<p>Approximately 82 percent of the money generated last year went to the richest 1 percent of the global population, the report said, while the poorest half saw no increase at all, a new study by global charity Oxfam claimed.<\/p>\n<p>Last year, Oxfam said billionaires would have seen an uptick of $762 billion \u2014 enough to end extreme poverty seven times over.<\/p>\n<p>The report is timely as the global political and business elite gather in snow-clad Davos for the World Economic Forum&#8217;s annual meeting this week.<\/p>\n<p>Mark Goldring, chief executive of Oxfam GB, said the statistics signal &#8220;something is very wrong with the global economy.&#8221;<\/p>\n<p>&#8220;The concentration of extreme wealth at the top is not a sign of a thriving economy but a symptom of a system that is failing the millions of hard-working people on poverty wages who make our clothes and grow our food,&#8221; he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inequality gap widens as \u2018world\u2019s richest 1% get 82% of the wealth. Approximately 82 percent of the money generated last year went to the richest 1 percent of the global population, the report said, while the poorest half saw no increase at all, a new study by global charity Oxfam claimed. Last year, Oxfam said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-370","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=370"}],"version-history":[{"count":3,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/370\/revisions"}],"predecessor-version":[{"id":373,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/370\/revisions\/373"}],"wp:attachment":[{"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pbmv.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}