Oxfam Report: Rich Could End Poverty

The charity Oxfam, which deals with efforts to tackle poverty throughout the world, has released a report which should come as no surprise: that the 100 richest people in the world have enough money to cure world poverty four times over.  Earning an annual amount of $240 billion, these billionaires have the ability to alleviate the suffering of millions, yet don’t use it.  As the world’s poorest starve in these times of economic depression, the richest 1% have in fact seen their income increase by 60% over the last twenty years.  In light of these facts, criticisms against France’s Socialist Government increasing taxes on the rich or our own government’s targeting of the poor through cracking down on ‘benefit scroungers’ when far more is lost through tax evasion, are completely unfounded actions.

Imagine a prosperous, peaceful and equal (how else would they avoid destroying their own race?) alien civilisation were to conduct a survey on our planet.  They would examine Europe, America, Australia, Japan, etc. and see very prosperous nations with very healthy, well-nourished people in them, living on the height of our civilisation’s technological advances.  And yet they would also notice people sleeping rough on streets in the rain.  They would then look at Africa and Asia, seeing mass hunger and illness and death, yet some incredibly well-off people interspersed throughout.  On deeper analysis they would see that our world has enough materials and food to feed everyone, but one half of the world gets most of it.

If they didn’t then destroy our planet to stop us spreading throughout the Universe, they would be very naive.

Report: http://www.oxfam.org/sites/www.oxfam.org/files/cost-of-inequality-oxfam-mb180113.pdf

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One thought on “Oxfam Report: Rich Could End Poverty

  1. Very simplistic.
    Bill Gates is giving away most of his fortune. But he has to do it properly (The Bill Gates Foundation) or most the money will just end up buying weapons, or squandered in other ways.
    Closer to home in the UK, if you tax the rich by too much then they all just clear off to Switzerland !

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