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Garment workers in Bangladesh require a lifetime to earn what chief executives of top five global fashion brands earn in four days
A report released by Oxfam should be a matter of grave concern for all of us as it clearly shows how the gap between the rich and the poor of the world is increasing day by day with the rich getting richer and richer and the poor almost staying at the same level.

As per the recently released report, the richest one per cent of the population of the world owns 82 per cent of the total wealth that was created in the last one year. And with regards to the poor ones, well, the poorest half of the population owns none of it, which means that they received no share in the wealth that was created in the last one year. 

The report titled "Reward Work, Not Wealth" was released by Oxfam, a charity foundation. And the foundation has questioned the very measures by which many countries measure themselves in economic terms. 'The billionaires are booming does not mean that the country is booming' has never been more apparent.   

The same is the case in our country India as well where the top one per cent own 73 per cent of the wealth created in last one year while the wealth of the poorest half grew merely by one percent. Yes, such huge is the difference, now let that sink in. 

Not only income inequality between the rich and the poor, the report also did shed some light on gender inequalities. Women workers earn consistently less than men workers, have comparatively less secure jobs and the fact that of the top 10 billionaires of the world, only one is a woman, should make the gender inequalities existing within our economic systems, well clear.  

Ironically, the report comes right ahead of Work Economic Forum when top businessmen of the world and the world leaders will meet to discuss how to create a shared future in a fractured wealth: at a luxury resort, probably over fine wine and cheese.

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