Apartheid 2.0: Gospel According to the 1% Super Rich

The inequality gap is not decreasing but becoming more pronounced, according to Jay Naidoo, chairperson of GAIN

According to Jay Naidoo, chairperson of GAIN, a global foundation fighting malnutrition in the world, the inequality gap is not decreasing but becoming more pronounced.
 
Naidoo, who also served as a general secretary of the Congress of the South African Trade Unions and also as a minister in the Nelson Mandela administration, argues that now the super-rich are sitting with an even more dramatic level of control, while the rest of the world languishes in a worsening condition of serfdom.
 
He criticises governments for using trillions of dollars of public taxpayers’ money to nationalise the debts incurred by the banking bosses and simultaneously imposing an austerity regime that butchered public services in social protection, education, health to ordinary citizens, after the 2008 financial crisis.
 
To read the article titled, “Apartheid 2.0: The Gospel according to the one percent super rich,” click here.

Source: 
Norwegian Council for Africa

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