Oxfam Highlights Billionaires' Political Influence and Praises India's Reservation System
17 minutes agoPolitics
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8 SourcesDavos, Switzerland
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Oxfam Highlights Billionaires' Political Influence and Praises India's Reservation System

Oxfam International's 2026 inequality report highlights that billionaires are 4,000 times more likely to hold political office than ordinary citizens, with their wealth reaching a record $18.3 trillion in 2025. The report links this concentration of wealth and political power to policies favoring the ultra-rich, notably under the US Trump administration. As a counterpoint, Oxfam cites India's political reservation system for Scheduled Castes, Scheduled Tribes, and women as a notable example of empowering economically disadvantaged groups and promoting inclusive political participation.

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