The world’s richest 1% are on course to control as much as two-thirds of the world’s wealth by 2030, according to a shocking analysis that has lead to a cross-party call for action. Facebook Twitter Pinterest Actor Michael Sheen, who is campaigning against high-interest lenders, supports the calls to rebalance global inequality. Byrne, who organised the first OECD global parliamentary conference on inclusive growth, said he believed global inequality was “now at a tipping point”. But the extraordinary concentration of global wealth today – fuelled by the pace of technological innovation and globalisation – poses serious challenges. “The last peak of income inequality was in 1913.

Source: The Guardian April 07, 2018 12:00 UTC