We have plenty of measures of poverty – but what about extreme wealth?

Author Sharlene Gandhi
A new initiative by UK-based New Economics Foundation surveyed both millionaires and policymakers / politicians, finding that they were likely to favour different ways of measuring extreme wealth.

Why It Matters

In many cases, we see wealth accumulation correlate directly to measures of power and influence, according to the New Economics Foundation: whether that is political sway, homogenisation of media sources, or disproportionate consumption.

“I think $30 million is a good line,” said one millionaire who was interviewed. “If you have that, you’re pretty well off, you’ve won capitalism.”

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