As per the OXFAM report the gap between richer and poorer is continued to be widen. Since 1995, the top 1% have captured nearly 20 times more of global wealth than the bottom 50% of humanity.
By Dr. Man Bahadur Bk Mar 18, 2022
People are dying of hunger three times a day more than Covid-19. This number is estimated to have increased further in the current lockdown. So, journalist Paula Froelich used ‘luxury’ to the later part of the lockdown in an article of New York Post
By Dr. Man Bahadur Bk May 21, 2020
Lockdowns and economic recession are expected to lead to a major loss of income among the working poor. It will have hard-hit even harder to the hardcore poor like daily wage-earner, slum-dwellers, disables, elders, refugees and migrant workers.
By Dr. Man Bahadur Bk May 07, 2020
Now the Covid-19 pandemic will certainly bump up the number of undernourished people. It is projected that for any one percentage point slowdown of the global economy, the number of poor-and with it the number of food insecure people-would increase by 2 percent
By Dr. Man Bahadur Bk Apr 12, 2020
Neoliberalism came as the economic policy after the great depression of 1930 which is often associated with laissez-faire economy as conceptualized by Adam Smith back in the 18th century that advocates ‘free’ market and anti-regulatory policies.
By Dr. Man Bahadur Bk Apr 01, 2020