Multinational corporations: Corporate crimes & transnational accountability

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Multinational corporations

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Last night I was defending the proposition that wealth needs to be aggressively reduced, alongside Jeremy Corbyn MP and Adam Swift at Warwick University.

This is more or less what I said: 

In January, Oxfam found – looking at on 2013 figures – that the 85 richest people in the world, had the same wealth as 3.5 billion poorest. That’s half the world’s population. Just last week Oxfam released new research showing that the number of billionaires had doubled between 2009 and 2014, while most of the rest of the world was facing welfare cuts, recession and falling levels of real income.

In March Kasia Moreno from Forbes updated the figures and found the situation had changed. Now it only took 67 of the richest people to match the wealth of the 3.5 billion ‘poorest’.

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