Wealth inequality is increasing for 80% of the world's population


"We accept as normal an economy driven for the most part by highest return to existing wealth, to corporate chiefs and shareholders. By this rule, wealth accrues to wealth until one family in the U.S., the owners of Wal-Mart, has as much wealth as 40 percent of our population; and worldwide, 80 percent of us live where inequalities are increasing."

Robert Reich, Supercapitalism: The Transformation of Business, Democracy, and Everyday Life (New York: Knopf, 2007), 113.

UN Development Program, 2005, ‘International cooperation at a crossroads: Aid, trade and security in an unequal world’, United Nations Human Development Report, United Nations Development Program: New York, p. 36.

#economy #employment #employmentrate #inequality