"The old-school imperialist ambitions of U.S. President Donald Trump have dominated the World Economic Forum in Davos, overshadowing other common themes surrounding the event, such as the impact of global inequality. Davos was conceived as a gathering of leading international business and political figures, and for decades, various non-governmental groups and activists have used the forum to expose the shameful practices of the global economy amidst private jets, helicopters, and luxury hotels overlooking ski slopes."
"Looking at Spain from this perspective reveals the extent to which recent economic growth has been accompanied by a process of wealth concentration and, consequently, a widening gap. The wealthy are increasingly numerous and have greater financial clout than before. Therefore, experts urge not only to examine how much the economy is improving from a traditional macroeconomic perspective, but also how wealth is being accumulated and who benefits from this accumulation."
Davos saw U.S. President Donald Trump’s imperialist ambitions dominate conversations, diverting attention from global inequality. The forum brings international business and political leaders together while activists highlight the disparity between elite lifestyles and systemic economic harms. In Spain, recent growth has coincided with significant wealth concentration and a widening gap. The wealthy have become more numerous and financially powerful. Analysts recommend assessing not only macroeconomic indicators but also patterns of wealth accumulation and beneficiaries. Wealth concentration is structural, with wide effects, and wealth tax records from the Tax Agency offer a rare official measure of top wealth trends.
Read at english.elpais.com
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