Building an equal futureThis is a continuation of my last column which focused on the Oxfam Report, “Resisting the Rule of the Rich.”The report cited statistics and surveys regarding the increasing inequality between the rich and the poor. The goal is not to achieve absolute equality but avoid a kind of economic power that distorts democracy and undermines fairness. According to the Oxfam Report, there is substantial evidence that extreme economic inequality is deeply harmful for people and the planet in many ways. Like two unstable elements, political freedom and extreme inequality cannot co-exist for long.”In order to build a more equal future, the Oxfam Report recommends that the political power of the super rich must be curbed. Extreme economic inequality and the political inequality that it both feeds on and is fueled by, can be beaten.

Source: Philippine Star February 14, 2026 16:39 UTC