Streams

World's Richest 85 Hold Same Wealth As Poorest 3.5 Billion

Monday, January 20, 2014

Income inequality has been in national headlines for weeks, but a new report out today from the Britain-based international charity Oxfam says it’s a major issue worldwide.

The report found “The bottom half of the world’s population owns the same as the richest 85 people in the world,” and concludes “This massive concentration of economic resources in the hands of fewer people presents a significant threat to inclusive political and economic systems.”

Roben Farzad of Bloomberg Businessweek joins Here & Now’s Meghna Chakrabarti to discuss the new report.

Guest

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Source: NPR

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