I received a mail this morning which discussed the now predictable market fundamentalist reaction to Oxfam’s annual wealth report. This was said by my correspondent:
This clip is not from this year, but it is my all-time favourite. A Canadian critic of the report, Kevin O’Leary, saying that it is great news that 3.5 billion are in poverty as they are incentivised to work hard and join the 1%. The news anchor is appalled and says ‘ok they should pull up their socks. Oh wait a minute they are so poor they don’t have socks’.
There’s not a lot can be added to that, but the comments make clear the true agenda of most who criticise Oxfam’s work.