A recent report by Oxfam International reveals a shocking truth. During colonial rule, the UK took around $64.82 trillion from India. Most of this wealth went to the richest 10% of people.
The global economic system is broken, wholly unfit for purpose as it enables and perpetuates this explosion of riches, while ...
The combined wealth of UK billionaires surged by a staggering £35 million per day in 2024, reaching a total of £182 billion, according to a new report by Oxfam. At such a critical moment in US history ...
Oxfam highlighted that 44% of the world’s population currently lives on less than 6.85 US dollars per day, according to data from the World Bank.
The charity’s report argues that the UK owes reparations to the colonial country for extracting money between 1765 and 1900 ...
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
Per the Oxfam report, even during colonialism, a similar pattern was followed by allowing private multinational corporations ...
Oxfam International’s report highlights how colonial wealth extraction, particularly from India, has laid the foundation for modern economic inequalities, including the dominance of unearned wealth, ...
The report, titled Takers not Makers: The Unjust Poverty and Unearned Wealth of Colonialism, said: “Oxfam calculates that between 1765 and 1900, the richest 10 per cent in the UK extracted ...
The UK extracted $64.82 trillion from India over a century of colonialism between 1765 and 1900 and $33.8 trillion of this went to the richest 10 per ...
Vintage illustration of the State Crown of Queen Mary, Consort of George V, part of the Crown Jewels of England (chromolithograph), 1919. The crown contains 2,200 diamonds, including the famous ...