Reward Work Not Wealth
Reward Work Not Wealth
Globally, 25 million people are working in slave labour. Millions more are working extremely long hours for very little pay, making barely enough to feed their families. Many of the most precarious jobs –– like making garments, cleaning hotel rooms and doing domestic work –– are done by women.
Extreme inequality is on the rise around the world. 82% of the wealth created last year went to the richest 1% of the world's population. The super-rich are building massive wealth on the backs of the poorest workers –– the majority of whom are women. In Canada, billionaire fortunes grew by $28 billion last year alone. That’s enough to pay for universal child care and lift 4.9 million Canadians out of poverty.
Global economic inequality is directly linked to gender inequality. Oxfam's report Reward Work Not Wealth, details how our global economic system allows the rich to get richer while poor women are being exploited everywhere, including here in Canada.
The time to act is now. We need to fix this broken economic system. We need to limit returns to shareholders and top executives and eliminate the gender pay gap. In Canada, that means fair taxation, investing in social infrastructure and ensuring labour rights are protected, especially for women in precarious work.
WATCH AND SHARE LAN ’S STORY
She makes trainers for some of the world’s biggest brands. But Lan will never be able to buy a pair for her son.
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NEWS, REPORTS AND PUBLICATIONS
- Report: Reward Work Not Wealth
- To end t he inequality crisis, we must build an economy for ordinary working people, not the rich and powerful.
- Press Release: Richest 1% bagged 82% of global wealth created last year, poorest half of humanity got nothing: Oxfam
- National Observer | Income inequality deepens as billionaire club grows: Oxfam
- Huffingtonpost Canada | The Billionaire Bonanza: 5 Things You Need To Know About The Inequality Gap
- The Star | Extreme inequality is bad for us all, but women are hurting most
- CTV News | Top CEOs take 4 days to earn a Bangladesh worker's life pay (Video)
Every January Oxfam draws attention to global inequality during the World Economic Forum. This annual gathering of the world’s wealthiest, most powerful elites shapes the global economic agenda for the year. This year, Prime Minister Justin Trudeau is at the forum and we ask your help to shine a spotlight on the inequality crisis.
Information is power! So take the quiz, watch our videos, follow us on social media and check the news. Inequality exist but it is not inevitable.