How much of the world's created wealth in 2017 went to the population's poorest half? You guessed right - none of it.
As the world's rich meet for the World Economic Forum in Davos, their festivities are as usual heralded by the Oxfam report on global inequality — a highly controversial study that should be taken with a grain of salt.
Many leaders at this year's World Economic Forum on ASEAN are deeply concerned about the widening gap between rich and poor. But solutions to the problem are thin on the ground.
At the World Economic Forum, a group of experts debated whether a reinvention of social systems is feasible alongside the Fourth Industrial Revolution. The panel discussion was aired on DW-TV on the weekend.
Oxfam's latest report on wealth inequality describes how a wealthy elite accumulates vast fortunes while the poorest go without. But the charity has been criticized as offering a too simplistic view of the imbalances.
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