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Inequality Kills

A new Oxfam report: it talks about inequality spread all over the world. In a shocking revelation, 252 men have more wealth than all 1 billion women and girls of nations like Africa, Latin America and the Caribbean when combined. The top 1% have captured nearly 20 times more of global wealth than the bottom 50% of humanity since 1995. If the life expectancy of Black Americans were the same as White people, then 3.4 million Black Americans would have been alive today, and it was already 2.1 million before COVID-19. Talking about the harm done to the environment, 20 of the wealthiest billionaires emit 8000 times more carbon than the poorest 1 billion.

Read the report

Millionaires for Humanity …

Millionaires for Humanity advocate for wealth taxes on themselves … Hmmm… do read it!

To recover from the crisis, tax the wealth of multimillionaires like me – Development Matters (oecd-development-matters.org)

How health care is turning into a consumer product

‘The business of medicine’ … The Economist talking … Read the article

Not only a vaccine waiver: WTO reform is urgent

Intellectual property rights’ as the foundation of ‘free’ markets is a notion difficult, intellectually, to sustain.

Read the article by Ugo Pagano

Tax cuts for the rich?

“… such reforms do not have any significant effect on economic growth or unemployment.
Our results therefore provide strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to boost the wider economy.”

Just read it!

ITUC: Our Common Security

The decline of multilateralism and the substitution of bellicose rhetoric for genuine dialogue are potent threats to humankind as the limited ambitions shown for the Nuclear Proliferation Treaty at the UN in New York this month demonstrate. The structures, institutions and processes which developed following the second half of the last century served to prevent global conflict for decades, but they failed to prevent many local and regional conflicts and are now under threat as never before.

Read the article

Happy New Year!

For a year full of happiness, good health and lots of hope!

Inequality!

Why is it that international organisations want to ‘fight poverty’ more than they want to look at inequality?

Inequality | Wall Street International Magazine (wsimag.com)

Global Financial Integrity

The most recent report of GFI on illicit financial flow in developing countries! Work to be done!

Read the report

International Migrants Day: A new social contract for migrants

ITUC calls for governments to ratify and implement the International Convention on the Protection of the Rights of All Migrant Workers and Members of Their Families (1990), ILO Conventions 97 and 143, and ILO Recommendation 202 on Social Protection Floors in order to ensure the extension of social protection security to all members of society, irrespective of contribution history.

Freedom of movement and access to social protection are both internationally recognised human rights, as enshrined in the Universal Declaration of Human Rights and other international legal instruments.

The world has witnessed an increase in migration in recent years. In 2019, according to the UN, some 270 million people, or around 3.5% of the world’s population, were migrants.

Read the article

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