New Dawn Briefing #08 - Inequality and a global pandemic: the perfect storm?

This article is shared by B Lab Hong Kong & Macau and currently available in English only.

When people ask me about why I am so passionate about B Corps, my response has always focused on two central concerns: escalating climate crisis and growing income inequalities.

I am glad that even among mainstream media, there is now growing consensus that inequalities are a fatal disease in contemporary societies.

Do you know that the 640 multi-billionaires in the US have collectively seen an increase of US$713 billion in the four months following the lockdown that began in mid-March?

Financial Times reminded us recently that Jean-Jacques Rousseau made the remarks that ‘when people have nothing to eat, they will eat the rich.”

No wonder we are seeing so much social unrest throughout the world.