
Billionaires have more money and political power than ever, Oxfam says
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Oxfam's latest report reveals that billionaires possess unprecedented levels of wealth and political influence. The charity highlights that the superrich are 4,000 times more likely to hold political power compared to the average citizen. Additionally, they control all major social media platforms, raising concerns about the implications for democracy and public discourse.
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Oxfam has been vocal about income inequality and its effects on society, particularly during economic downturns. The organization's reports often serve as a catalyst for policy discussions aimed at addressing wealth disparity and promoting social justice.
The views expressed in this article do not necessarily reflect the views of Al Jazeera.
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