COMMENT: By Jim O’Neill Globalisation’s critics – those wrongly considering it a zero-sum game –won’t fight global poverty I was recently in beautiful Chile for a Futures Congress, and I had a chance to travel south to the very tip of Latin America. I also recently made a BBC radio …
Read More »Lagarde admits IMF’s ‘harsh’ conversion to inequality crisis
IMF head Christine Lagarde has conceded the Washington lender had been late waking up to the widening gap between rich and poor around the world, but is now researching answers to help the middle class By Antonio Rodriguez. Lagarde on Jan.18 made the admission to an audience of high-flying executives …
Read More »Davos oligarchs right to fear
By Seumas Milne Escalating inequality is the work of a global elite that will resist every challenge to its vested interests The billionaires and corporate oligarchs meeting in Davos recently were getting worried about inequality. It might be hard to stomach that the overlords of a system that has delivered …
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