1. Wealth: Having it all and wanting more
- Author:
- Deborah Hardoon
- Publication Date:
- 01-2015
- Content Type:
- Working Paper
- Institution:
- Oxfam Publishing
- Abstract:
- Global wealth is increasingly concentrated in the hands of a small wealthy elite. These wealthy individuals have generated and sustained their vast riches through their interests and activities in a few important economic sectors, including finance and insurance, and pharmaceuticals and healthcare. Companies from these sectors spend millions of dollars every year on lobbying to create a policy environment that protects and enhances their interests further. The most prolific lobbying activities in the US are on budget and tax issues; public resources that should be directed to benefit the whole population, rather than reflect the interests of powerful lobbyists.
- Political Geography:
- United States