Global economy must stop pandering to 'frivolous desires of ultra-rich', says UN expert

Olivier De Schutter says new economic agenda needed to tackle crises of rising inequality and ecological collapseThe global economy must be reordered to ensure it serves ordinary people around the world rather than the "frivolous and destructive demands of the ultra-rich", according to a leading UN figure.Olivier De Schutter, the UN special rapporteur on extreme poverty and human rights, says politicians must stop prioritising "socially and ecologically destructive growth" that only increases the profits - and serves the consumption demands - of the world's richest individuals and corporations. Continue reading...