Report Highlights Staggering Wealth Gap.

A new report released today, by Oxfam Mexico has ignited a national conversation on inequality. The report highlights that the richest 1% of the population owns 40% of the country’s wealth, while millions of people still struggle with food insecurity. The study uses Mexico City’s Santa Fe neighborhood as a case study, where luxury glass high-rises literally overlook cinder-block houses in the working-class enclave of Santa Lucía Reacomodo. While the report notes that poverty rates have actually decreased over the last six years due to minimum wage increases, the chasm between the ultra-wealthy and the rest of the country remains one of the widest in the world.

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