Eamonn Butler on how economical with the truth Oxfam was on global inequality
22 Jan 2015 Leave a comment
in development economics, growth disasters, growth miracles, income redistribution, liberalism Tags: evidence-based policy, Leftover Left, Oxfam, top 1%
We are the 1%: You need $34k income to be in the global elite… and half the world’s richest live in the U.S. | Daily Mail Online
22 Jan 2015 Leave a comment
in applied welfare economics Tags: Leftover Left, Oxfam, top 1%
The top one per cent comprises anyone with an income over $34,000 after tax, meaning a family of four must earn $136,000 to make it in the category, according to CNN.
One quarter of the group’s members live in Europe, with 4million in Germany and 3million in each of the UK, France and Italy. Other countries with large numbers of ‘the 1%’ include Canada, Japan and Brazil.
I didn’t know that we were in the top 1%. They are yet to update the mailing list of the ruling class to include us in any of the Wellington-based meetings to decide the direction of capitalism and the next steps in the immiseration of the proletariat.
The World is Getting Richer…& Much More Equal
20 Jan 2015 Leave a comment
in applied welfare economics, politics - Australia, politics - New Zealand, politics - USA Tags: Leftover Left, Oxfam, Thomas Piketty
What Oxfam doesn’t want you to know: global capitalism means there’s less poverty than ever » Spectator Blogs
19 Jan 2015 Leave a comment
in development economics, growth disasters, growth miracles Tags: Leftover Left, Oxfam, The Great Escape, The Great Fact
We are, right now, living through the golden age of poverty reduction.
Anyone serious about tackling global poverty (and I’m afraid we have to exclude Oxfam from this category) has to accept that whatever we’re doing now, it’s working – so we should keep doing it.
We are literally on the road to an incredible goal: the abolition of poverty, as we know it, within our lifetime.
Those who care more about helping the poor than hurting the rich will celebrate the fact – and make sure free trade and global capitalism keep spreading so as to finish the job.
Utopia, you are standing in it! 
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