{"id":30557,"date":"2015-09-09T09:20:16","date_gmt":"2015-09-09T08:20:16","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=30557"},"modified":"2015-09-09T09:20:16","modified_gmt":"2015-09-09T08:20:16","slug":"poverty-in-the-eu-is-not-an-issue-of-scarcity-it-is-an-issue-of-sharing","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2015\/09\/09\/poverty-in-the-eu-is-not-an-issue-of-scarcity-it-is-an-issue-of-sharing\/","title":{"rendered":"Poverty in the EU is not an issue of scarcity, it is an issue of sharing"},"content":{"rendered":"<p>Oxfam <a href=\"https:\/\/www.oxfam.org\/sites\/www.oxfam.org\/files\/file_attachments\/bp206-europe-for-many-not-few-090915-en.pdf\" target=\"_blank\">has what I think to be a major new report out today<\/a>. This is the cover, which tells its own story:<\/p>\n<p><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2015\/09\/09\/poverty-in-the-eu-is-not-an-issue-of-scarcity-it-is-an-issue-of-sharing\/screen-shot-2015-09-09-at-09-04-23\/\" rel=\"attachment wp-att-30558\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-30558 size-large\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.04.23-550x845.png\" alt=\"Screen Shot 2015-09-09 at 09.04.23\" width=\"550\" height=\"845\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.04.23-550x845.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.04.23-195x300.png 195w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.04.23-146x225.png 146w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.04.23-86x132.png 86w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.04.23.png 1384w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>And these are\u00a0the recommendations:<\/p>\n<p><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2015\/09\/09\/poverty-in-the-eu-is-not-an-issue-of-scarcity-it-is-an-issue-of-sharing\/screen-shot-2015-09-09-at-09-14-14\/\" rel=\"attachment wp-att-30559\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-30559 size-large\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.14.14-550x992.png\" alt=\"Screen Shot 2015-09-09 at 09.14.14\" width=\"550\" height=\"992\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.14.14-550x992.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.14.14-166x300.png 166w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.14.14-125x225.png 125w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.14.14-73x132.png 73w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2015\/09\/Screen-Shot-2015-09-09-at-09.14.14.png 1078w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a>I warmly endorse these calls.<\/p>\n<p>I make clear that it is absolutely right that a poverty dedicated to the relief of poverty should, and should have the right to, say such things.<\/p>\n<p>I believe it essential that these things happen.<\/p>\n<p>And let me stress how it might happen. As Oxfam note in the report:<\/p>\n<blockquote><p>Poverty in the EU is not an issue of scarcity, but a problem of how resources \u2014 income and wealth \u2014 are shared. Credit Suisse estimates that the richest one percent of Europeans (including non-EU countries) hold almost a third of the region\u2019s wealth, while the bottom 40 percent of the population share less than one percent of Europe\u2019s total net wealth. In other words: the richest seven million people in Europe have the same amount of wealth as the poorest 662 million people (including non-EU countries).<\/p><\/blockquote>\n<p>Redistribution is key.<\/p>\n<p>We need to commit to it, unreservedly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oxfam has what I think to be a major new report out today. This is the cover, which tells its own story: &nbsp; And these<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2015\/09\/09\/poverty-in-the-eu-is-not-an-issue-of-scarcity-it-is-an-issue-of-sharing\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-30557","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/30557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=30557"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/30557\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=30557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=30557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=30557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}