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The
Dramatic Rise in Wealth Inequality*
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Jan
25th 2018, Prabhat Patnaik
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Oxfam
has just produced a report in which it highlights the
dramatic increase in wealth inequality that is occurring
in India. The basic data it uses are from Credit Suisse
which regularly brings out a Global Wealth Databook;
and according to Credit Suisse the top 1 percent of
the population in India cornered 73 percent of the additional
wealth generated in the year 2017.
* This article was originally
published in The
Citizen on January
24, 2018.
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