The annual report of the International Non-Governmental Organization Oxfam is also undisputed in 2023. The Davos Economic Forum has published the document "The Law of the Richest", which can be consulted in French and Spanish, taking advantage of the meeting of the world's most important authorities.

Oxfam shows year after year how inequality in capitalism accelerates. In 2014, ARGIA reported that 85 richest people had the same number as 3.6 billion people in the world. In 2016, it was 62. By 2017 it was 43. In 2019, 26 were the same age as half of the world's population. Then came the pandemic, the ten richest people doubled their fortune and by 2022 highlighted that the ten richest people six times more than the 3.6 billion poor. The 2023 report highlights that in two years – December 2019 to December 2021 – two-thirds – 63% of global wealth has been left to the richest 1%.

The remaining 99% have achieved half of that wealth. It is becoming clear that every year the richest and the poorest are richer: “In the last decade the billions of people and their riches have doubled,” he says.

At the same time, one person in ten is starving, 820 million people. It is also women and children who are the worst: “In households they are the last to eat and in smaller quantities; women and children account for 60% of people who are hungry.”

The fortune of billions increases every day by 2.7 billion dollars. Companies in the energy and food sector have gained the most wealth in 2022. US$ 257 billion distributed to shareholders of companies.

Increasing taxes on the wealthiest

Oxfam proposes raising taxes on the wealthiest to change Fortuna’s imbalance: “Greater tax pressure on the richest from the extremes is not the only way to solve the inequality crisis, but it is a fundamental element.” For this, it has been addressed to governments: “It is time for governments to leave a failing ideology, with the intervention of a rich and powerful elite. It’s time for them to tax extreme wealth,” warns Oxfam’s director, Francos Cortada.

If wealth tax were applied to 5% of the richest, it could raise $1.7 trillion a year, according to the study. In this way, 2,000 people would be allowed out of poverty and a global plan could be made to eradicate hunger. At present, only 4 cents per dollar collected from taxpayers are collected from wealth, and half of the richest live in some countries where they are not taxed when they receive wealth by inheritance.

The media under the control of the richest

The richest have endless ways of not paying taxes. As the report explains, in order to defend their interests, they directly pressure politicians through donations and lobbies, and indirectly through ownership and media control.

Most of the media that reach citizenship are in the hands of billions. In France, for example, eleven rich people are owned by the country’s main media and agencies: they control 80% of newspapers, 57% of the television share and 47% of the radio share. The result is information control and the “challenge” of implementing progressive reforms, according to Oxfam.

“A small group of extraordinarily rich privileged people have power and influence in political debate.” They have given a concrete example: “Recently, the French economist Julia Cagé collected how the media owned by the billionaire Vincent Bolloré have devoted more and more time on television to the guests defending the right policies.”