Rise of Billionaires & Global Inequality with Corresponding Destruction of Democracy: Oxfam Report @PaulHBeckwith
Rise of Billionaires & Global Inequality with Corresponding Destruction of Democracy: Oxfam Report  @PaulHBeckwith
Uploaded January 2026 | Updated September 2026, 2 weeks ago
Rise of Billionaires & Global Inequality with Corresponding Destruction of Democracy: Oxfam Report

There are over 6,000 billionaires on the planet. 12 of the richest have the same money that the poorest 4 billion people (half the global population) have. Global inequality has never been higher in human history.

We often talk about getting the public to understand climate change, so they can force governments to act strongly on climate change. This is not realistic. Billionaires are in control, not democratic governments.

Thus, for any action on climate change, all one needs to do is to get some billionaires onboard to address the problem.

I chat about all these things and more, basing my discussion on the new Oxfam International report on billionaires released on the first day of Davos, the World Economic Forum (WEF) annual conference of billionaires and other world leaders in Davos, Switzerland.

References

World Economic Forum Annual Meeting January 19th to 23rd, 2026
'A Spirit of Dialogue', from Davos-Klosters, Switzerland
World leaders from government, business, civil society and academia will convene in Davos to engage in forward-looking discussions to address global issues and set priorities. The call for bold collective action makes the meeting particularly relevant.
weforum.org/meetings/world-economic-forum-annual-meeting-2026/sessions/opening-concert-0ba652f8a0

Davos program
weforum.org/meetings/world-economic-forum-annual-meeting-2026/programme

Davos themes
weforum.org/meetings/world-economic-forum-annual-meeting-2026/themes

Oxfam International
oxfam.org.uk/get-involved/campaign-with-oxfam/fight-inequality/oxfams-global-inequality-report/#:~:text=What%20was%20the%20highlight%20from,wealth%20has%20grown%20by%2081%25.

Oxfam International Report:
Resisting the Rule of the Rich
Defending Freedom Against Billionaire Power
oxfam.org/en/research/resisting-rule-rich

69 page report pdf (direct link):
oi-files-d8-prod.s3.eu-west-2.amazonaws.com/s3fs-public/2026-01/EN%20-%20Resisting%20the%20Rule%20of%20the%20Rich_0.pdf

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Rise of Billionaires & Global Inequality with Corresponding Destruction of Democracy: Oxfam Report

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