PREFERENTIAL OPTION FOR THE POOR TOOLKIT SLIDE DECK These slides were originally designed to be used with the Secondary schools ‘Preferential Option for the Poor’ Learning experience CST online toolkit www.caritas.org.au/cst

The 2017 Credit Suisse report shows that the world's richest one percent own more than half (50.13 percent) of global wealth while the poorest 50 percent own just over 0.5 percent. Global Wealth Report 2017, Credit Suisse. https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html The 2017 Credit Suisse report shows that the world's richest one percent own more than half (50.13 percent) of global wealth, an increase from 45 percent in 2000, while the poorest 50 percent own just over 0.5 percent.

New estimates show that just eight men own the same wealth as the poorest half of the world. Source: ‘An economy for the 99%’ Oxfam International 2017 Oxfam calculations using wealth of the richest individuals from Forbes Billionaires listing and wealth of the bottom 50% from Credit Suisse Global Wealth Databook 2016. https://oxf.am/2FOD0hK Photo credit: Brazil, Erin Johnson

The incomes of the poorest 10% of people increased by less than $3 a year between 1988 and 2011, while the incomes of the richest 1% increased 182 times as much. Source: D. Hardoon, S. Ayele and R. Fuentes-Nieva. (2016). ‘An Economy for the 1%’. Oxford: Oxfam. https://policy-practice.oxfam.org.uk/publications/an-economy-for-the-1-how-privilege-and-power-in-the-economy-drive-extreme-inequ-592643 https://oxf.am/2FOD0hK Photo credit: Brazil, Erin Johnson

Research finds that three-quarters of extreme poverty could in fact be eliminated now using existing resources, by increasing taxation and cutting down on military and other regressive spending. Source: ‘An economy for the 99%’ Oxfam International 2017 https://oxf.am/2FOD0hK C. Hoy and A. Sumner. (2016). ‘Gasoline, Guns, and Giveaways: Is There New Capacity for Redistribution to End Three Quarters of Global Poverty?’. Center for Global Development Working Paper 433. http://www.cgdev.org/sites/default/files/gasoline-guns-and-giveaways-end-threequarters-global-poverty-0.pdf Photo credit: Brazil, Erin Johnson

Fight inequality & injustice. Fix climate change. On September 25th 2015, 17 universal ‘Sustainable Development Goals’ (SDG’s) were agreed to by 193 world leaders at the United Nations Sustainable Development Summit 2015.  The Sustainable Development Goals are a set of 17 universal goals aimed at achieving three extraordinary things in the next 15 years: End extreme poverty. Fight inequality & injustice. Fix climate change. The World Bank is clear that without redoubling their efforts to tackle inequality, world leaders will miss their goal of ending extreme poverty by 2030. Source: ‘An economy for the 99%’ Oxfam International 2017 https://oxf.am/2FOD0hK

Source: APOSTOLIC EXHORTATION EVANGELII GAUDIUM OF THE HOLY FATHER FRANCIS TO THE BISHOPS, CLERGY, CONSECRATED PERSONS AND THE LAY FAITHFUL ON THE PROCLAMATION OF THE GOSPEL IN TODAY’S WORLD http://w2.vatican.va/content/francesco/en/apost_exhortations/documents/papa-francesco_esortazione-ap_20131124_evangelii-gaudium.html#The_economy_and_the_distribution_of_income

Source: APOSTOLIC EXHORTATION EVANGELII GAUDIUM OF THE HOLY FATHER FRANCIS TO THE BISHOPS, CLERGY, CONSECRATED PERSONS AND THE LAY FAITHFUL ON THE PROCLAMATION OF THE GOSPEL IN TODAY’S WORLD http://w2.vatican.va/content/francesco/en/apost_exhortations/documents/papa-francesco_esortazione-ap_20131124_evangelii-gaudium.html#The_economy_and_the_distribution_of_income

Find out more www.caritas.org.au/CST Last updated April 2018