The following article by Michele Gilman, Venable Professor of Law, University of Baltimore, was posted on the Conversation website January 26, 2018:
In accepting an award for his efforts to “uphold human dignity” at the 2018 World Economic Forum, musician and philanthropist Elton Johndecried economic inequality as “disgraceful.” Panelists at the invitation-only conference in Davos, Switzerland, hashed over inequality in line with its theme of “Creating a Shared Future in a Fractured World.”
And in a report released to coincide with the elite confab, the charity Oxfam reported that 82 percent of the wealth created globally last year went to the top 1 percent while the bottom half of humanity, 3.7 billion people, saw absolutely no gains in their wealth. Continue reading “Davos grapples with inequality”