The world's richest one percent raked in 82 percent of the wealth created last year while the poorest half of the population received none Air Max Australia Online , Oxfam said Monday, as the world's elite prepared to mingle at the World Economic Forum in Davos.
A new report from the charity also found that the wealth of billionaires has grown six times faster than that of ordinary workers since 2010, with another billionaire minted every two days between March 2016 and March 2017.
Oxfam used its findings to paint a picture of a global economy in which the wealthy few amass ever-greater fortunes while hundreds of millions of people are "struggling to survive on poverty pay".
"The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system," Oxfam executive director Winnie Byanyima said in a statement.
Oxfam also emphasised the plight of women workers, who "consistently earn less than men" and often have the lowest paid, least secure jobs. Nine out of 10 billionaires are men, it added.
The report, titled "Reward Work, not Wealth", used data from Credit Suisse to compare the returns of top executives and shareholders to that of ordinary workers.
It found that chief executives of the top five global fashion brands made in just four days what garment workers in Bangladesh earn over a lifetime.
"The people who make our clothes, assemble our phones and grow our food are being exploited to ensure a steady supply of cheap goods, and swell the profits of corporations and billionaire investors,"said Byanyima.
To fight rising inequality, Oxfam called on governments to limit the returns of shareholders and top executives, close the gender pay gap, crackdown on tax avoidance and increase spending on healthcare and education.
The study was released on the eve of top political and business figures meeting at a luxury Swiss ski resort for the annual World Economic Forum, which this year says it will focus on how to create "a shared future in a fractured world".
"It's hard to find a political or business leader who doesn't say they are worried about inequality," said Byanyima.
"It's even harder to find one who is doing something about it. Many are actively making things worse by slashing taxes and scrapping labour rights."
Agencies
Most affiliate marketers focus their efforts on lower-end of the product pool. There are many reasons why you should consider selling high-ticket products. This article will discuss some of the benefits and drawbacks of high-paying affiliate programs.
The obvious benefit of joining high-paying affiliate programs is that their products cost more. This means that you’ll receive a much larger commission per sale, so you wouldn’t have to send as much traffic to your link.
For example, Global Resorts offers products that cost $2,000 with 50% commission going to you for every sale. The typical digital ebook from Clickbank costs $47 with 50% commissions. If you send 100 visitors to each link and one person buys, you’ll receive a lot more from the higher-end program.
However, this is a two-edged sword with affiliate programs that pay more. Potential customers may not be willing to part with their money for a high-ticket product. People wouldn’t show as much hesitation when faced with a $20 or $50 product though.
It’s also important to mention that you should think about something else besides the initial price. Some of the best affiliate programs offer recurring commissions which are a very good thing. They allow you to earn money from a single person for months to come.
You should also be aware that you aren’t limited to affiliate programs that pay only when a visitor buys something. There are programs, called CPA or cost per action programs, that pay you whenever a visitor completes a certain action. This usually comes in the form of filling in their email address on a form.
These higher-paying programs aren’t for everyone. It takes a bit of skill in order to sell high ticket products. Initial failure may turn some people off. It’s much easier to sell lower-end products in the beginning.
Following this advice will allow you to gain experience before you jump into the deep end of the marketing pool. Once you start making lower-end sales, you’ll begin to see what works and what doesn’t. Then you can easily repeat the process and focus on more expensive offerings.
As an affiliate marketer, you shouldn’t feel that you should only promote inexpensive products. You have the possibility to make much more money if you try your hand at promoting high-paying affiliate programs. Just make sure you focus on products people actually need, so they won’t be as hesitant to spend their money.
Edison Chase lives in Boston and writes on many business subjects including internet business opportunities and big pay sales opportunities.
Blogging is actually a hugely well-known platform for individuals that want to make money online. If you would like to use blogs for your business, then it’s a great idea to learn how to use them most effectively. Blogging is not hard at all, but you’ll find basically a lot of little particulars that need to be done properly. But needless to say there are tons of possible problems all over the place. When you consider it, each of them will add together and have a seriously negative effect on your results. There certainly are a variety of things people have in common when they make miscalculations with their blogs.
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