New report highlights rise in income inequality around the globe

New report highlights rise in income inequality around the globe
New report highlights rise in income inequality around the globe

New report highlights rise in income inequality around the globe

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A new report by Oxfam International finds that “almost half of the world’s wealth is now owned by just one percent of the population,” and that “seven out of ten people live in countries where economic inequality has increased in the last 30 years.” The report also highlights examples of policies which have helped to reduce income inequality. We’ll talk with Nick Galasso, a policy and research advisor at Oxfam America and co-author of the report, Working for the Few. (Photo: Flickr/MakeMoneyMall)