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At Davos, let’s not have yesterday’s conversation about inequality

Xavier de Souza Briggs, Vice President at Economic Opportunity and Markets, discusses the danger of viewing the growing gap between the haves and have-nots through the narrow lens of inequality. According to Briggs, this perspective reinforces a one-dimensional approach that causes some of the world’s most influential people to see this as a problem, but not one that truly impacts them.

Increasingly, data depicts inequality not only as detrimental to those at the bottom of the pyramid, but also as a hindrance on global demand and productivity, ultimately reducing competitiveness. While many wait for the government or nonprofit sector to tackle this issue, many experts believe businesses should also play a role, and have an interest in lifting the incomes of the poor and the middle class.

So, what’s the answer to the widening gap? Read Briggs’ full discussion HERE.

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