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Day: November 23, 2019

UK: Labour’s economic policy: the challenge ahead

November 23, 2019Leave a comment

23 November 2019 — Michael Roberts Blog

by michael roberts

Whatever government is formed in the UK after the 12 December election, it faces an immense challenge.  The British economy is in a mess and its society is riven with division.

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The richest 1% owns more than TWICE as much wealth as 6.9 billion people and the super-rich one percent of the world’s population has accumulated twice as much wealth as the remaining 90 percent, global charity Oxfam said in a newly-released report. The world’s richest 1% emit double the carbon of the poorest 50%, the 2020 Oxfam study found.

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