Distribution of Wealth: Difference between revisions

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=Global Scenario=
=Global Scenario=
*3 ways people cause poverty. 4.3 Billion live below the UN-defined poverty line. [http://www.fastcoexist.com/3043284/3-ways-humans-create-poverty]
*[[3 Ways Humans Cause Poverty]] - Great historical overview of poverty creation. 4.3 Billion live below the UN-defined poverty line. [http://www.fastcoexist.com/3043284/3-ways-humans-create-poverty].
*85 people are as wealthy as bottom half - [http://www.theguardian.com/business/2014/jan/20/oxfam-85-richest-people-half-of-the-world]
*85 people are as wealthy as bottom half - [http://www.theguardian.com/business/2014/jan/20/oxfam-85-richest-people-half-of-the-world]
*Super Rich - YouTube - [https://www.youtube.com/watch?v=p5X5lPTA-kc]
*Super Rich - YouTube - [https://www.youtube.com/watch?v=p5X5lPTA-kc]

Revision as of 14:38, 13 March 2015

Global Scenario

  • 3 Ways Humans Cause Poverty - Great historical overview of poverty creation. 4.3 Billion live below the UN-defined poverty line. [1].
  • 85 people are as wealthy as bottom half - [2]
  • Super Rich - YouTube - [3]
  • Evonomics - [4]
  • Institute for New Economic Thinking - [5]
  • Santa Fe Institute - [6]
  • 4 Things About Poverty That You Probably Know but the Gates Don't - [7]

Distribution in America

https://www.youtube.com/watch?v=vttbhl_kDoo

Poverty Rate in the USA is Not Decreasingin the 21st Century

Since population is growing, absolute numbers of poor people are increasing.

From http://en.wikipedia.org/wiki/Poverty_in_the_United_States:

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20% of the Richest People Own 80% of the Wealth

Wealth Disparity has been Increasing since the 1940s

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The Percentage of People in Abject Poverty ($1.25/day) is Decreasing Globally

Abjectpoverty.gif

The Global Distribution of Wealth Trend Depends on Country

  • US, UK, China are clear increases in Gini coefficient (worse distribution of wealth).

This is the Gini Coefficient from Wikipedia:

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