Poverty and inequality is a problem of epic proportions
Oxfam, a global confederation of charities focused on alleviating poverty, issued a report on the eve of the World Economic Forum in Davos, Switzerland that in 2018 “26 people owned the same wealth as the 3.8 billion people who make up the poorest half of humanity”. This is down almost have the number of people than the year before (43). In the same report, according to Oxfam, “In the US, 30 people hold as much wealth as the poorest half of the population”.