Govts & media are falling under control of the richest 1% – Development economist

Govts & media are falling under control of the richest 1% – Development economist

Plagued by wars and terrorism, the world is facing another scourge – one that concerns everyone. The wealth inequality in society has reached staggering heights, with scholars predicting that by next year, half of the world’s riches will be in the possession of just one percent! Is there a chance to turn this trend back?

Why has this issue become so pressing? And finally, what is there for those billions left out? We pose these questions to development economist and author Anthony Shorrocks, who is on Sophie&Co today.

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