Is the global inequality and poverty rising?
By shogun49
@shogun49 (437)
United States
4 responses
@shakadoodoo (737)
• Dallas, Texas
14 Jan 07
Yes. The gap between the rich and the poor is getting larger. It seems like the smarter that we become the more divided and conqured that we become. Hopefully the internet will allow people to talk with one another all around the world and we will realize that we are not as different that we think we are!
2 people like this
@polachicago (18716)
• United States
14 Jan 07
One percent of the world’s adults alone owned 40 percent of the world’s wealth, while the bottom half of adults in the world together owned less than one percent. Absurdly, many individuals in high-income countries incurring large mortgage and consumer debts are among the ‘poorest’ in terms of household wealth.
Differential population growth between poorer and richer countries is one cause.
Another basic cause is technological change.
@AvizWorld (265)
• India
14 Jan 07
Because of the selfishness, the gap is increasing considerably, and it has be checked out soon, otherwise the poor revolts against the rich.
1 person likes this
@manong05 (5027)
• Philippines
14 Jan 07
yes I do and it is obvious if we look around us. I'm not exactly sure what do you mean by inequality. Equal distribution of wealth does not necessarily men all people must have an equal share of the world's money, but being able to get what is due him. Equal in terms of income proportionate to his efforts. In that way, there is too much inequality,