The Inequality Nerd Wants You to Know...

Sam Pizzigati Editor, Too Much online magazine

According to our friends at Oxfam America, the top global 1 percent currently hold about $125 trillion, half the world’s wealth. Raising the income of the world’s poorest to the global poverty line – $1.90 a day — would cost about $80 billion annually. Just 0.064 percent of the wealth of the top 1 percent, allocated annually, would be enough to end desperate poverty.

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Sam Pizzigati edits Too Much, the online weekly on excess and inequality. He is an associate fellow at the Institute for Policy Studies in Washington, D.C. Last year, he played an active role on the team that generated The Nation magazine special issue on extreme inequality. That issue recently won the 2009 Hillman Prize for magazine journalism. Pizzigati’s latest book, Greed and Good: Understanding and Overcoming the Inequality that Limits Our Lives (Apex Press, 2004), won an “outstanding title” of the year ranking from the American Library Association’s Choice book review journal.

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