Even if You’re in the 1% Club, Why You Should be Concerned About Poverty

Authors

  • Michael Wong

Abstract

At first glance, if you happen to be part of this fortunate stratosphere (e.g. At the beginning of 2015, Oxfam International projected that the top 1% of the world’s wealthiest population will overtake that of the other 99 percent of people in 2016), poverty elimination might be just one of the many worthy endeavors that come across your radar. Still, as the following Q&A explains; there are two major reasons why poverty should be a concern for all, even for the 1% club. Fortunately there are practical actions that you can take to combat poverty’s challenges. Robert Romasco is a Board Member of Amalgamated Bank and was the recent President of AARP (2012-2014), the 39-million member association. A graduate of the Harvard Business School, Rob held a variety of executive C-Suite positions including SVP at QVC, EVP/Chief Marketing Officer of CIGNA, and President/CEO of J.C.Penney's $1.3 billion insurance division.

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Published

2015-04-22

How to Cite

Wong, M. (2015). Even if You’re in the 1% Club, Why You Should be Concerned About Poverty. Social Innovations Journal, (23). Retrieved from https://socialinnovationsjournal.com/index.php/sij/article/view/11935