Empowering the People: Political Reservations and Global Inequality

Oxfam's annual report at the World Economic Forum highlights global billionaire influence in politics while citing India's reservation system as a progressive example. The report emphasizes the need for inclusive governance and civic participation to empower ordinary citizens in political decision-making.

In a report released at the World Economic Forum, Oxfam highlighted the overwhelming influence billionaires wield in politics while citing India's reservation system as a positive example of empowering ordinary citizens.

The report emphasizes that billionaires globally are 4,000 times more likely to hold political office than regular citizens, underlining the structural inequality that exists.

Oxfam advocates for institutional inclusiveness and civic engagement, citing examples like Brazil's Participatory Budgeting, to strengthen political power among disenfranchised communities.

(With inputs from agencies.)