Women, Burdened with Unpaid Labor, Bear Brunt of Global Inequality
Jan 23, 2020
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Alisha Haridasani Gupta
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As world leaders and executives descended in their private jets this week on the snow-capped town of Davos, Switzerland, to discuss climate change and inclusive capitalism (the irony of which has not gone unnoticed), the international nonprofit Oxfam released a study to highlight the extremes of global wealth inequality.The report is stuffed with alarming statistics about the wealth gap: The world’s 2,153 billionaires have more wealth between them than 4.6 billion people; if someone saved $10,000 a day since the building of the pyramids in Egypt, they still would not have as much money as the five richest billionaires; if everyone were to sit on their own wealth piled up in $100 bills, a middle-class person in a rich country would be at the height of a chair, and the world’s two richest men would be sitting in outer space.