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Debt and Social Politics

By
BATARA M SIMATUPANG
· 7 minutes read
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Non-profit organization OxFam America in a report titled “An economy for the 99 percent”, released in January 2017, states that global economic imbalances between the rich and the poor are vast, which has become more worrying.

The title of the report is in line with former president Barack Obama\'s remark at the UN General Assembly in September 2016 stating that: “A world in which 1 percent of humanity controls as much wealth as the other 99 percent will never be stable. "

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