CLEAN : Oxfam says richest one percent to own more than rest by 2016

The video discusses the liberalization of markets, particularly in the 80s and 90s, emphasizing privatization and low taxation. It highlights the need for politics that represent the majority rather than the wealthy few, citing Brazil as an example of increasing equality. The video also addresses concerns from billionaires like Warren Buffett about the current wealth distribution and taxation system, advocating for a more equitable distribution of wealth to stimulate global demand and growth.

What was a significant economic trend in the 80s and 90s?

• Increased government control

• Liberalization and privatization

• Higher taxation

• Decreased market competition

Which group should politics ideally be influenced by, according to the second section?

• The 1%

• The 99%

• Corporate leaders

• International organizations

Which country is mentioned as becoming more equal?

• United States

• China

• India

• Brazil

What concern does Warren Buffett express about the current economic situation?

• Inequality in tax rates

• Low interest rates

• Lack of investment opportunities

• High inflation rates

What is a potential benefit of redistributing wealth, as discussed in the third section?

• Lower inflation

• Higher global demand

• Increased savings

• Reduced government spending