Feb 10 • 11:33 UTC 🇪🇪 Estonia ERR

Harri Tiido: an overview of those who are doing very well

Harri Tiido discusses the impact of economic inequality on rights and freedoms, referencing global wealth distribution reports.

In the latest episode of "Harri Tiido's Background Talks," host Harri Tiido examines the lives of the rich and super-rich, attributing economic inequality as a significant factor contributing to the erosion of individual rights and political freedoms. He emphasizes that such inequality fosters an environment conducive to authoritarianism, drawing on insights from the recent Oxfam report regarding wealth distribution globally.

Tiido highlights the implications of economic disparity in the context of events like the World Economic Forum in Davos, where discussions often focus on economic themes. The Oxfam report, titled 'Standing Up to the Rule of the Rich. Defending Freedom from Billionaire Power,' is noted for bringing attention to the alarming statistics that billionaire wealth has increased three times faster than the average wealth growth over the past five years, particularly in the USA, underlining the urgency of addressing this issue as it affects social justice and political integrity.

The analysis suggests that while a small percentage of the population is accumulating wealth at an unprecedented rate, this economic landscape poses threats to democracy and freedom. Tiido's overview thus serves as a call to action against the concentration of power among the ultra-wealthy and is indicative of the pressing need for systemic reform to combat poverty and inequality on a global scale.

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