#Oxfam regularly publishes #inequality reports highlighting how global wealth is increasingly concentrated in the hands of a small group of billionaires and how oligarchy is re-emerging. These are important and useful reports. What I find hard to reconcile, however, are the hefty salaries and perks Oxfam pays its own staff and executive directors worldwide. Some of them are based in the Global South, yet their incomes place them squarely within the global south's 1%.
#Oxfam regularly publishes #inequality reports highlighting how global wealth is increasingly concentrated in the hands of a small group of billionaires and how oligarchy is re-emerging. These are important and useful reports. What I find hard to reconcile, however, are the hefty salaries and perks Oxfam pays its own staff and executive directors worldwide. Some of them are based in the Global South, yet their incomes place them squarely within the global south's 1%.
New report out from Oxfam arguing that efforts to increase inequality and corruption in recent years are wildly successful but have terrible consequences for all people. To reverse course, we will have to try. https://oi-files-d8-prod.s3.eu-west-2.amazonaws.com/s3fs-public/2026-01/EN%20-%20Resisting%20the%20Rule%20of%20the%20Rich.pdf #Oxfam #inequality #corruption #hunger
New report out from Oxfam arguing that efforts to increase inequality and corruption in recent years are wildly successful but have terrible consequences for all people. To reverse course, we will have to try. https://oi-files-d8-prod.s3.eu-west-2.amazonaws.com/s3fs-public/2026-01/EN%20-%20Resisting%20the%20Rule%20of%20the%20Rich.pdf #Oxfam #inequality #corruption #hunger
The collective wealth of the planet’s billionaires soared to a record level in 2025, charity Oxfam reported, warning of “highly dangerous” political consequences as the global elite gathers for the World Economic Forum. https://www.japantimes.co.jp/business/2026/01/19/economy/billionaire-threat-oxfam-davos/?utm_medium=Social&utm_source=mastodon #business #economy #davos #globaleconomy #oxfam
Australia now has 48 billionaires (up 8 since 2020, because why not?), and these 48 people collectively hold more wealth than the bottom 40% of the entire population — that's roughly 11 million everyday Aussies combined.
Meanwhile, the average Aussie billionaire's wealth grew by almost $600,000 per day over the past year. That's right — while rents climb, groceries hurt, and 3.7 million people (including 757,000 kids) live below the poverty line, the ultra-rich are casually printing half a mil a day. Totally normal, totally moral.
Oxfam is calling it what it is: inequitable, unsustainable, and amoral.
Their big ask? A 5% wealth tax on billionaires alone could've raised $17.4 billion just last year — enough to fund universal cheap childcare, extend energy bill relief for years, massively boost humanitarian aid, and actually ease the housing/childcare squeeze that's crushing everyone else.
Throw in scrapping negative gearing, killing the capital gains tax discount for the wealthy, and maybe a broader progressive wealth tax on the top 0.5%, and suddenly there's real money to fix the things governments always say "we can't afford".
But sure, let's keep protecting the system that lets 48 people out-wealth 11 million, while the rest of us argue about whether $2 milk is a human right. Classic Australia 2026.
Tax the rich. Disrupt the vicious cycle. Make billionaires pay their fair share for once.
#taxtherich #wealthtax #auspol #inequality #billionaires #oxfam #economicjustice #housingcrisis #childcarecrisis #povertyinaustralia #eattherich
https://www.sbs.com.au/news/article/wealth-tax-australia-billionaires-oxfam/9wsstq0nw
"Billionaire wealth jumped by over 16 per cent in 2025, three times faster than the past five-year average, to $18.3 trillion – its highest level in history, according to a new Oxfam report today as the World Economic Forum opens in Davos.
Billionaire wealth has increased by 81 per cent since 2020. This comes as one in four people don’t regularly have enough to eat and nearly half the world’s population live in poverty."
Australia now has 48 billionaires (up 8 since 2020, because why not?), and these 48 people collectively hold more wealth than the bottom 40% of the entire population — that's roughly 11 million everyday Aussies combined.
Meanwhile, the average Aussie billionaire's wealth grew by almost $600,000 per day over the past year. That's right — while rents climb, groceries hurt, and 3.7 million people (including 757,000 kids) live below the poverty line, the ultra-rich are casually printing half a mil a day. Totally normal, totally moral.
Oxfam is calling it what it is: inequitable, unsustainable, and amoral.
Their big ask? A 5% wealth tax on billionaires alone could've raised $17.4 billion just last year — enough to fund universal cheap childcare, extend energy bill relief for years, massively boost humanitarian aid, and actually ease the housing/childcare squeeze that's crushing everyone else.
Throw in scrapping negative gearing, killing the capital gains tax discount for the wealthy, and maybe a broader progressive wealth tax on the top 0.5%, and suddenly there's real money to fix the things governments always say "we can't afford".
But sure, let's keep protecting the system that lets 48 people out-wealth 11 million, while the rest of us argue about whether $2 milk is a human right. Classic Australia 2026.
Tax the rich. Disrupt the vicious cycle. Make billionaires pay their fair share for once.
#taxtherich #wealthtax #auspol #inequality #billionaires #oxfam #economicjustice #housingcrisis #childcarecrisis #povertyinaustralia #eattherich
https://www.sbs.com.au/news/article/wealth-tax-australia-billionaires-oxfam/9wsstq0nw
"Billionaire wealth jumped by over 16 per cent in 2025, three times faster than the past five-year average, to $18.3 trillion – its highest level in history, according to a new Oxfam report today as the World Economic Forum opens in Davos.
Billionaire wealth has increased by 81 per cent since 2020. This comes as one in four people don’t regularly have enough to eat and nearly half the world’s population live in poverty."
Doch „ #Superreiche investieren weiter wie besessen in #fossileEnergien – einfach weil es so hübsch viel Geld einbringt. Laut einer Studie der britischen Non-Profit-Organisation #InfluenceMap verursachen 57 Konzerne vor allem aus dem Gas-, Öl- und Zementbereich inzwischen 80 Prozent aller globalen #CO2Emissionen.
Und Milliardäre stoßen mit ihrem luxuriösen Lebensstil, mit Privatjets und Jachten ein Vielhundertfaches an Schadgasen aus als Durchschnittsmenschen.
Folgt man einem #Oxfam-Bericht von 2023, war das reichste eine Prozent der Weltbevölkerung 2019 für 5,9 Mrd. Tonnen CO2-Emissionen verantwortlich und damit für mehr Treibhausgase als zwei Drittel der Menschheit zusammen. Diese Emissionen werden nach einer Rechenformel der US-Umweltbehörde in den kommenden Dekaden den #Hitzetod von 1,3 Millionen Menschen verursachen.
Umgekehrt aber könnten die rund 14 Bill. Dollar Vermögen der 2700 weltweit Reichsten – investiert etwa in erneuerbare Energien – die Welt bis 2030 #klimaneutral machen.“ 2/4
Vermogen EU-miljardairs stijgt met meer dan €400 miljard in de eerste helft van 2025
Toch wordt meer dan 80% van de totale belastinginkomsten in EU-landen door gewone mensen betaald. Bedrijven leveren 9% en belasting op de vermogens van de superrijken slechts 0,4%. Dat staat in het nieuwe rapport van #oxfam “A European Agenda to Tax the Super‑Rich”, dat vandaag wordt gelanceerd aan de vooravond van een belastingdebat in het Europees Parlement op 10 oktober.
#EU
https://www.oxfamnovib.nl/persberichten/vermogen-eu-miljardairs-stijgt-met-meer-dan-400-miljard-in-de-eerste-helft-van-2025
Vermogen EU-miljardairs stijgt met meer dan €400 miljard in de eerste helft van 2025
Toch wordt meer dan 80% van de totale belastinginkomsten in EU-landen door gewone mensen betaald. Bedrijven leveren 9% en belasting op de vermogens van de superrijken slechts 0,4%. Dat staat in het nieuwe rapport van #oxfam “A European Agenda to Tax the Super‑Rich”, dat vandaag wordt gelanceerd aan de vooravond van een belastingdebat in het Europees Parlement op 10 oktober.
#EU
https://www.oxfamnovib.nl/persberichten/vermogen-eu-miljardairs-stijgt-met-meer-dan-400-miljard-in-de-eerste-helft-van-2025
1% der Weltbevoelkerung aka die reichsten 77 Millionen produzieren so viele CO2 Emissionen wie die aermsten 66%. Das sind 5 Milliarden Menschen.
Sorry fuer meine Leidenschaft, aber fucking tax the rich! Diese Ungerechtigkeit wird den kommenden Generationen so um die Ohren fliegen!
https://www.tagesschau.de/wirtschaft/energie/oxfam-klima-ungleichheit-100.html
More than 170 nongovernmental organizations called for a U.S.- and Israeli-backed food aid distribution plan in the Gaza Strip to be dismantled over fears it is putting civilians at risk of death and injury. https://www.japantimes.co.jp/news/2025/07/02/world/politics/charities-end-gaza-aid-system/?utm_medium=Social&utm_source=mastodon #worldnews #politics #oxfam #doctorswithoutborders #savethechildren #amnestyinternational #middleeast #israel #gaza #israelhamaswar #palestinians