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Oxfam America is joining with partners including MoveOn, the ACLU, Public Citizen, Indivisible,


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Trump Inauguration dubbed 'a coronation of our country's descent into oligarchy'

https://www.alternet.org/trump-oligarchs/?utm_source=push_notifications)

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Donald Trump was sworn in Monday as the 47th president of the United States with some of the richest people on the planet standing close behind him on the inaugural platform—a symbol of what observers described as the nation's slide toward oligarchy.

Tesla CEO Elon Musk, Amazon founder Jeff Bezos, Meta CEO Mark Zuckerberg, and Google CEO Sundar Pichai were granted "prime seats" at the event, positioned in front of many lawmakers and Trump Cabinet nominees. Amazon, Google, and Meta each donated $1 million to the president's inaugural fund, and Musk—the world's richest man—spent over $250 million backing the billionaire president's bid for a second White House term.

Tim Cook, Apple's billionaire CEO and a donor to the inauguration, was also in attendance at Monday's event, which was financedby Wall Street banks, tech giants, the pharmaceutical lobby, fossil fuel companies, crypto firms, and other corporate interests.

"Donald Trump's inauguration today is a coronation of our country's descent into oligarchy: billionaires and corporations spending hundreds of millions of dollars lining the pockets of another billionaire—now president—to usher in a presidency governed for and by the wealthy elite," Justice Democrats, a group that works to elect progressives to Congress, wrote in an email to supporters after Trump was sworn in.

"They're buying influence," the group continued. "And they can expect a massive return on their investment. Crypto is already seeing one with Trump promising an executive order handout to the Wall Street-backed Big Tech corporations on Day 1. Banks and developers are already winning out as Trump and Republicans put conditions on aid to desperate Americans who have lost their homes and need immediate disaster relief in California. This administration will be a boon for the already wealthy few and will be crushing to everyday people struggling to get by."

Nabil Ahmed, economic and racial justice director at Oxfam America, described a photo of Zuckerberg, Bezos, Pichai, and Musk standing together on the inaugural platform as "a defining photo for the new Gilded Age."

Trump's inauguration, Ahmed added, "makes clearer than ever the triumph of oligarchy—one that isn't incidental but intrinsic to the politics and policies that we're seeing set out."

Tesla and SpaceX CEO Elon Musk cheers as U.S. President Donald Trump speaks after being sworn in on January 20, 2025. (Photo: Saul Loeb/Pool/AFP via Getty Images)

Trump's second administration, which could be staffed by at least 13 billionaires, is expected to bring a fresh push for large-scale deregulation and another round of tax cuts for the rich and large corporations—a giveaway that's expected to be funded in part by cuts to Medicaid, federal nutrition assistance, and other key programs.

"Today marks the beginning of an administration dominated by billionaires and corporate interests," Americans for Tax Fairness (ATF) executive director David Kass said in a statement. "Unsurprisingly, a billionaire president and his top adviser—the wealthiest person on Earth—will prioritize passing $5 trillion in new tax cuts benefiting themselves and their wealthy allies, all at the expense of everyday Americans."

"Let's be clear: The next four years will be a tremendous challenge," said Kass. "We are committed to fighting back against a second Trump Tax Scam because the first one helped to double billionaire wealth and exploded the deficit. ATF and its coalition members will stand on the frontlines pushing back against these deeply harmful measures and fighting for a tax code and economy that works for everyone, not just the wealthy few."

Trump's return to the White House comes days after former President Joe Biden, in his farewell address to the nation, belatedly warned of the threat posed by "an oligarchy... of extreme wealth, power, and influence."

According to an Oxfam report released Monday, the world's billionaires saw their wealth surge by $2 trillion last year as progress against global poverty remained stagnant. The United States has more billionaires than any other country, and its campaign finance laws allow the ultrawealthy to pump unlimited sums into elections.

"With the inauguration of President Donald Trump and the installation of his team of billionaires, we must prepare for an administration that's set to pour fuel on already extraordinary inequality," Abby Maxman, president and CEO of Oxfam America, said Monday. "Our country and the world today are extremely unequal; for too long, big corporations and an ultrawealthy few have rigged the system in their own favor, at the expense of ordinary families."

"The Trump-Musk inequality agenda is not the only threat we are facing around the world, as leaders seek to divide us and conflict and climate change increase the number, severity, and duration of humanitarian crises," Maxman added. "But together, we can and must continue our fight against inequality here in the United States and globally."


https://www.alternet.org/2021/06/climate-crisis-2653267213/

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New research by global insurance giant Swiss RE warns that the looming devastation of runaway greenhouse gas emissions and the climate crisis could result in economic retractions twice as potent as the global recession unleashed by Covid-19—a calamity, unlike the pandemic, which could go on for many years without end.

Analyzing the figures compiled in a research report (pdf) by Zurich-based Swiss RE, Oxfam International said while the world's poorest nations will be hardest hit, even the rich nations—like those of the G7 meeting this week in the United Kingdom—will not be spared from the economic pain that will come if world temperatures rise by 2.6ºC that some scenarios predict.

According to Oxfam, economies of the G7 nations could see an average loss of 8.5 percent annually by the middle of the century―equivalent to $4.8 trillion―if more urgent action to address global warming is not taken immediately.

The international aid and anti-poverty group said this potential drop in GDP is double that of the coronavirus pandemic, which resulted in an average 4.2% reduction among G7 nations, recessions that resulted "in staggering job losses and some of the largest economic stimulus packages ever seen." But, Oxfam added, "economies are expected to bounce back from the short-term effects of the pandemic, the effects of climate change will be seen every year."

The devastation for poor nations would be enormous.

"The economic turmoil projected in wealthy G7 countries is only the tip of the iceberg: many poorer parts of the world will see increasing deaths, hunger and poverty as a result of extreme weather," said Max Lawson, head of Inequality Policy at Oxfam, in a statement. "This year could be a turning point if governments grasp the challenge to create a safer more liveable planet for all."

As the group's analysis notes:

Jerome Haegeli, a chief economist at Swiss Re involved with the research, told the Guardian that: "Climate change is the long-term number one risk to the global economy, and staying where we are is not an option—we need more progress by the G7. That means not just obligations on cutting CO2 but helping developing countries too, that's super-important."

The research from Swiss RE, as Oxfam details,

modelled the economic impacts of climate change on 48 countries in four different temperature paths and used different impact scenarios to account for the large parameter uncertainty and missing climate impact channels usually present in the climate economics literature. The projections used in this press release assume high stress factors and global warming of 2.6°C by mid-century, which is a level of warming that could be reached based on current policies and climate pledges from all countries. All figures relate to real GDP. The GDP projections compare a warmer world with a world unaffected by climate change.

Ahead of the G7 summit in the U.K., global climate campaigners have continued to urge the world's richest and most powerful nations—also its largest emitters—to not only commit to stronger pledges on reducing fossil fuel pollution, but to increase their financial pledges to the developing world that have contributed far less to the climate crisis but continue to face its most devastating impacts.

From Your Site Articles


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9/20 oxfam? 1% 2x CO2 ghg than bottom 1/2



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https://www.alternet.org/2020/10/state-department-plan-to-declare-human-rights-groups-anti-semitic-slammed-as-desperate-and-obscene/

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State Department plan to declare human rights groups 'anti-semitic' slammed as 'desperate' and 'obscene'

Brett Wilkins and Common Dreams October 22, 2020

The Trump administration is considering designating several preeminent international human rights groups "anti-Semitic" in response to their criticism of Israeli crimes against the Palestinian people, according to a report published Wednesday.

Politico reports the State Department could as early as this week declare groups including Amnesty International, Human Rights Watch, and Oxfam to be anti-Semitic organizations and urge world governments to stop supporting them.

A congressional aide told Politico that the move is backed by Secretary of State Mike Pompeo, who reportedly has presidential aspirations and is burnishing his Zionist credentials while serving in what is arguably the most pro-Israel administration ever.

The proposal is highly controversial, however, and has raised eyebrows and ire among career State Department officials including attorneys who argue the potential designation poses serious free speech concerns.

The declaration would likely take the form of a report from Elan Carr, the U.S. special envoy to monitor and combat anti-Semitism. It would likely cite the groups' criticism of Israeli policies and actions, as well as their actual or perceived support for Boycott, Divestment, and Sanctions (BDS), the peaceful global protest movement for Palestinian rights that is backed by prominent Jewish peace groups. None of the targeted organizations officially support BDS.

Carr's report is expected to cite posts, reports, and media statements by the rights groups criticizing Israel's ongoing illegal occupation of the West Bank, East Jerusalem, and the Golan Heights, as well as the exclusively Jewish settler colonization of Palestinian territory, which is also illegal under international law. Both the occupation and settlements have been the subject of dozens of United Nations resolutions, most of them condemning Israel's actions.

Settlement building and expansion have also been called a form of ethnic cleansing and apartheid by international observers, icluding over 400 Jewish scholars and the former U.N. human rights official Richard Falk—who is also Jewish.

It is unclear what, if any, impact the proposed anti-Semitic designation would have on the rights groups. None of the three named groups receive any funding from the U.S. government. All three categorically deny accusations of anti-Semitism.

"AIUSA is deeply committed to fighting anti-Semitism and all forms of hate worldwide, and will continue to protect people wherever justice, freedom, truth, and dignity are denied," Amnesty International USA iterim director Bob Goodfellow said in a statement. "We vigorously contest any allegation of anti-Semitism, and look forward to addressing the State Department's attacks in full."

Eric Goldstein, an official with HRW, said in a statement that his organization "fight[s] discrimination in all forms, including anti-Semitism."

"Criticizing government policy is not the same as attacking a specific group of people," added Goldstein. "For example, our critiques of U.S. government policy do not make us anti-American."


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rich nations are hoarding potential COVID-19 vaccine doses: Oxfam

Andrea Germanos / Common Dreams September 17, 2020

Oxfam on Thursday reiterated its call for a “people’s vaccine” as the anti-poverty group released a new analysis showing that a handful of rich nations representing just 13 percent of…

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wolff says via oxfam that increase in uber wealth 4k billioaires wd lift all out of extreme poverty  1.90/day

https://www.oxfam.org/en/pressroom/pressreleases/2018-01-22/richest-1-percent-bagged-82-percent-wealth-created-last-year

Richest 1 percent bagged 82 percent of wealth created last year - poorest half of humanity got nothing

Published: 

22 January 2018

Eighty-two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today.  The report is being launched as political and business elites gather for the World Economic Forum in Davos, Switzerland.

‘Reward Work, Not Wealth’ reveals how the global economy enables a wealthy elite to accumulate vast fortunes while hundreds of millions of people are struggling to survive on poverty pay.

Oxfam’s report outlines the key factors driving up rewards for shareholders and corporate bosses at the expense of workers’ pay and conditions. These include the erosion of workers’ rights; the excessive influence of big business over government policy-making; and the relentless corporate drive to minimize costs in order to maximize returns to shareholders.

Winnie Byanyima, Executive Director of Oxfam International said: “The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system. The people who make our clothes, assemble our phones and grow our food are being exploited to ensure a steady supply of cheap goods, and swell the profits of corporations and billionaire investors.”

Women workers often find themselves off at the bottom of the heap. Across the world, women consistently earn less than men and are usually in the lowest paid and least secure forms of work. By comparison, 9 out of 10 billionaires are men.

“Oxfam has spoken to women across the world whose lives are blighted by inequality. Women in Vietnamese garment factories who work far from home for poverty pay and don’t get to see their children for months at a time. Women working in the US poultry industry who are forced to wear nappies because they are denied toilet breaks,” said Byanyima.

Oxfam is calling for governments to ensure our economies work for everyone and not just the fortunate few:

Results of a new global survey commissioned by Oxfam demonstrates a groundswell of support for action on inequality. Of the 70,000 people surveyed in 10 countries, nearly two-thirds of all respondents think the gap between the rich and the poor needs to be urgently addressed.

“It’s hard to find a political or business leader who doesn’t say they are worried about inequality. It’s even harder to find one who is doing something about it.  Many are actively making things worse by slashing taxes and scrapping labor rights,” said Byanyima.

“People are ready for change. They want to see workers paid a living wage; they want corporations and the super-rich to pay more tax; they want women workers to enjoy the same rights as men; they want a limit on the power and the wealth which sits in the hands of so few. They want action.”

Notes to editors

Download ‘Reward Work, Not Wealth’ and a methodology document that outlines how Oxfam arrived at the key statistics in the report.

Broadcast quality footage and photographs are available here featuring Lan, who works in a garment factory in Vietnam, supplying many global fashion brands. Long hours and poverty pay mean Lan has not been able to get home to see her son for 9 months.

New data from Credit Suisse reveals that 42 people now own the same wealth as the poorest half of humanity. This figure cannot be compared to figures from previous years - including the 2016/17 statistic that eight men owned the same wealth as half the world - because it is based on an updated and expanded data set published by Credit Suisse in November 2017.  When Oxfam recalculated last year’s figures using the latest data we found that 61 people owned the same wealth as half the world in 2016 – and not eight.

Oxfam’s calculations are based on global wealth distribution data provided by the Credit Suisse Global Wealth Data book published in November 2017.  The wealth of billionaires was calculated using Forbes' billionaires list last published in March 2017.

RIWI and YouGov conducted the online survey for Oxfam in ten countries: India, Nigeria, United States, United Kingdom, Mexico, South Africa, Spain, Morocco, Netherlands and Denmark. For details on the methodology and the full results see here.


https://www.oxfamamerica.org/explore/stories/just-8-people-now-have-the-same-wealth-as-the-poorest-36-billion

The gap between rich and poor is far greater than had previously been estimated, with big business and the super-rich fueling the inequality crisis by dodging taxes, driving down wages, and using their power to influence politics.

According to Oxfam’s new report ahead of the annual meeting of political and business leaders in Davos, Switzerland, eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity. It is time for a fundamental change in the way we manage our economies so that they work for all people, and not just a fortunate few.

Public anger with inequality is already creating political shockwaves around the globe, as seen recently with the election of Donald Trump here in the US, and Brexit in the UK.  But rather than moving forward with a constructive vision to unrig the rules, we are seeing dangerous, often xenophobic approaches, which blame inequality on the very people who bear its greatest burdens and empowers special interests to rig the rules even more.

Inequality is a daily reality for millions of Americans who are struggling to make ends meet, which is part of a global trend that has seen the wealthy profit from an unfair political system as everyone else is left behind. In the US, the 1% control 42% of wealth. Between 1988 and 2011 the poorest 10% of Americans saw their incomes grow by an average $427 while the richest 10% saw their income increase by $13,490 on average.

From Nigeria to Bangladesh, from the UK to Brazil, people are fed up with feeling ignored by their political leaders and millions are mobilizing to push for change. Seven out of 10 people live in a country that has seen a rise in inequality in the last 30 years. Between 1988 and 2011 the incomes of the poorest 10 percent increased by just $65, while the incomes of the richest 1 percent grew by $11,800 – 182 times as much.

But instead of attacking such dramatic inequalities, President-elect Trump and some in Congress seem to want to respond to the outcry by giving massive tax cuts to the rich, dismantling protections for workers, and punishing refugees and immigrants. It is concerning that to lead the agencies that protect workers, the environment, and human rights, President-elect Trump has nominated individuals who have spent their careers attacking the rules, undermining protections, and resisting progress.

Together we must demand that world leaders, including President-elect Trump and Congress take urgent action to reduce inequality and the extreme concentration of wealth. We are calling on them to:

  1. Stop offshore tax dodging which costs the US and developing countries more than $100 billion each year.
  2. Raise the minimum wage so that working families can make a living wage.
  3. Fight discrimination of all kinds and ensure equal pay for equal work.
  4. Build and invest in a social safety net for everyone.
  5. Ensure every person has access to affordable, high quality healthcare and education.

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