G7 leaders must stop playing to tune of wealthy elite says Oxfam

OBE_3346__TDH4972-lpr“G7 leaders must stop playing to the tune of the wealthy elite,” says Oxfam. “It’s time to change the tempo. Wealthy elites have captured political power to drive policies that promote their interests at the expense of everyone else, which has led to a widening gap between the richest and the poorest. To help reverse this trend, G7 leaders must be more transparent about financial dealings and stop tax dodging at home and at the international level. By doing so, governments around the world could raise much needed money to fund public services like health and education, reducing economic inequality.”

85 people in the world own as much wealth as half the world’s population. When multinationals or individuals get rich by exploiting different national tax rules it is not fair, according to Oxfam – G7 leaders must take on the wealthy elite and multinational corporations to make sure they pay their fair share of taxes.

In an event today (4 June) the G7 leaders, depicted by the Oxfam Big Heads in Brussels (pictured) highlighted how the G7 continues to play to the tune of the wealthy elite, which is represented by Mr Money, the orchestra conductor.Mr Money conducted the orchestra of the G7 Big Heads who played Abba’s Money, Money, Money song with visually powerful instruments such as double basses and cellos. Mr Money stood tall and arrogant, wearing very fancy suit tails with a baton conducting the G7 orchestra. His personal grooming is immaculate. His accessories spoke of big money (a top hat, money symbols, standing on box of money, with different cash notes highly visible). He represents the wealthy elite, and the G7 leaders play to his tune.

G7 Summit: Dirty energy, money, money, money

 

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Category: A Frontpage, Africa, Developing countries, Development, EU, EU, Oxfam, Poverty, Summits, World

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