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Keyword: World Economic Forum

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Handful of rich, billions of poor in the world

Zafar Bangash

Jumada' al-Ula' 04, 14382017-02-01

Capitalism has resulted in accumulating wealth in the hands of a few people while impoverishing the overwhelming majority of people in the world. Today 62 richest people have as much wealth as the bottom half of 3.6 billion people. This is beyond obscene.

Editor's Desk

Global inequalities sharpen as rich get richer


Rabi' al-Thani 22, 14372016-02-01

It is incredible that the 62 richest people in the world own as much wealth as half of the world’s population; that is 3.5 billion people. This half (3.5 billion) experienced 41 percent decline in their wealth while the rich increased theirs by 44 percent. Is this fair or tolerable?


Talk is expensive as Western capitalist and power elites meet at World Economic Forum

Abul Fadl

Dhu al-Hijjah 03, 14222002-02-16

Some 2,700 participants, ranging from kings, presidents and business moguls to professors, clergymen and celebrities, paid $25,000 each to get into the gathering...

Special Reports

New world economic order under fire again at Davos 2001

Rahhalah Haqq

Dhu al-Qa'dah 22, 14212001-02-16

With the opening of the 2001 World Economic Forum (WEF) meetings in Davos, satellite-TV viewers worldwide have once again seen drastic security measures against the threat of protests. From Seattle to Switzerland, in recent years global economic policy meetings have come under fire from a broad coalition of what the media call ‘anti-globalization’ or ‘anti-capitalist’ forces.

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