
Inequality's Insidious Spread - COVID-19, India, Insurance
Economic Update with Richard D. Wolff
00:00
Introduction
Oxfam report: 40% of the wealth created in India between 2012 and 2021 went to the top 1%. In 2020, India had 102 billionaires. Today, it has 166. Two-thirds of the taxes raised in that country came from that bottom 50%. It means that India shows the same extreme inequality that you have in many other rich countries.
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