Steps is a partnership of two non-profit organisation (one in Denmark, the other in South Africa) that commissions documentaries to raise awareness about important social issues. For it’s most recent project, called Why Poverty?, it commissioned eight documentaries and 30 short films on the topic of poverty. These are powerful and thought-provoking films that really help to shed light on the issue of poverty. One of the great documentaries in this series, Park Avenue: money, power, and the American dream, is a fascinating look into the lives of the people living at 740 Park Ave., the most exclusive address in New York City.…
The religion of capitalist economics
In earlier posts we mentioned the Oxfam report entitled “The cost of inequality: how wealth and income extremes hurt us all,” which outlined how the annual income of richest 100 people is enough to end global poverty four times over (i.e. while the annual net income of the world’s richest 100 billionaires is about $240 billion, the estimated cost of raising everyone worldwide above the $1.25 a day poverty line is about $66 billion). Recently Oxfam released another report, “Working for the Few: Political capture and economic inequality,” which maps the the general distribution of wealth on a global level.…
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