Posts Tagged ‘winnie byanyima’

Winnie Byanyima: Billionaire Boom Economy

Posted by admin on Thursday, May 10, 2018

Winnie Byanyima Money Quote saying an economic system that moves the bulk of the wealth to the top is not functioning properly and means trouble. Winnie Byanyima said:
 

the billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system Quote
 

“The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system” — Winnie Byanyima

 

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In this quote, Winnie Byanyima is criticizing the notion that a rise in the number of billionaires is indicative of strong economic performance overall. She argues that the proliferation of extreme wealth concentrated among a few individuals is actually a symptom of dysfunction, not health, in the broader economic system.

Byanyima’s point is that for a small number of people to accumulate vast fortunes while many others struggle, it means the system has flaws that allow inequitable distribution of resources and opportunity. She implies a thriving economy should provide widespread prosperity, not just for billionaires but for the majority.

So the quote frames the “billionaire boom” as a sign that current policies and institutions have failed to establish fair wages, social protections, and rules that benefit society as a whole, not just the very wealthiest.

Winnie Byanyima: Obscene Wealth, So Few

Posted by admin on Wednesday, January 25, 2017

Winnie Byanyima Money Quote saying in an Oxfam report that just eight men have more wealth than those in poverty representing half the worlds population. Winnie Byanyima said:
 
It is obscene for so much wealth to be in the hands of so few people when 1 in 10 people live on less than $2 a day, Inequality is trapping hundreds of millions in poverty Quote
 

“It is obscene for so much wealth to be in the hands of so few people when 1 in 10 people live on less than $2 a day, Inequality is trapping hundreds of millions in poverty; it is fracturing our societies and undermining democracy” — Winnie Byanyima

 

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This quote seems to be criticizing the high level of economic inequality in the world where a small minority hold a disproportionate amount of total wealth.

It points out that it is “obscene” or unacceptable that so much wealth is concentrated in the hands of so few people, when at the same time 1 in 10 people live on less than $2 a day in poverty.

The quote argues that this level of inequality is “trapping hundreds of millions in poverty”, implying that unequal distribution of resources contributes to the entrenchment of poverty.

It further claims that inequality is “fracturing our societies and undermining democracy”. This suggests that large wealth gaps can divide societies and weaken political systems where wealth can be used to influence policies and elections.

Overall, the speaker is expressing the view that the current global level of economic inequality, where a small percentage hold most of the wealth while many live in extreme poverty, is morally problematic and has negative social and political consequences for societies around the world.

Winnie Byanyima: Inequality is Dangerous

Posted by admin on Wednesday, December 9, 2015

Winnie Byanyima Money Quotation saying wealth inequality is bad for both governments and growth of business leaving needs of voiceless and interests of ordinary people unmet. Winnie Byanyima said:
 
We see a concentration of wealth capturing power and leaving ordinary people voiceless and their interests uncared for Quote
 

“The message is that rising inequality is dangerous. It’s bad for growth and it’s bad for governance. We see a concentration of wealth capturing power and leaving ordinary people voiceless and their interests uncared for” — Winnie Byanyima

 

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In this quote, Winnie Byanyima is warning about the dangers of rising economic inequality in societies. She argues that high inequality is bad for economic growth, as it concentrates wealth in fewer hands and leaves less purchasing power for the broader population. She also says it undermines good governance, as those with great wealth can use their resources to exert disproportionate political influence and “capture power.”

This leaves ordinary citizens feeling voiceless, as their interests are no longer adequately represented in decision-making. Byanyima’s view is that inequality, if left unchecked, threatens democratic systems by concentrating economic and political power in the hands of a few elites, rather than empowering the general public.

Winnie Byanyima: Staggering Inequality

Posted by admin on Tuesday, December 8, 2015

Oxfam executive director Winnie Byanyima Money Quotation saying Wealth inequality continues to grow at an increasing pace, even though it is at unfathomable levels already. Winnie Byanyima said:
 
The scale of global inequality is quite simply staggering and despite the issues shooting up the global agenda, the gap between the richest and the rest is widening fast Quote
 

“The scale of global inequality is quite simply staggering and despite the issues shooting up the global agenda, the gap between the richest and the rest is widening fast” — Winnie Byanyima

 

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In this quote, Winnie Byanyima is expressing alarm at the extreme levels of inequality that exist globally between the wealthy elite and the rest of the world’s population. She notes that the gap between the richest people and everyone else continues to grow very quickly, which she sees as a serious problem.

Byanyima’s view is that global inequality has reached staggering and disproportionate levels, with a small minority controlling a vast share of the world’s resources while billions struggle in poverty. She seems to argue that this massive and widening wealth gap should be higher on the international agenda in order to address one of the most pressing economic and social issues worldwide.

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