Fear and fretting at Davos: The political elite grapple with inequality

For Wall Street executives, pay is often unmoored to actual performance, yet they earn 271 times more than their workers

In accepting an award for his efforts to “uphold human dignity” at the 2018 World Economic Forum, musician and philanthropist Elton John decried economic inequality as “disgraceful.” Panelists at the invitation-only conference in Davos, Switzerland, hashed over inequality in line with its theme of “Creating a Shared Future in a Fractured World.”

And in a report released to coincide with the elite confab, the charity Oxfam reported that 82 percent of the wealth created globally last year went to the top 1 percent while the bottom half of humanity,