1. Global Social Inequality Reveals the Cracks in our System
... in automotive, airline, aerospace, electrical components, electronics and steel industry control 50 percent of the whole business. • Third world debt amounts to 1.8 trillion dollars. • Only 358 billionaires have a total income of 760 billion dollars which is equivalent to the total income of 2.5 billion people. • 20 percent of the world's richest people receive 82.7 percent of the world's total income ... while the 20 percent poorest receive 1.4 percent of the total world's income.[2] Our current system now wallows in hard contradictions that seem hard to resolve. Many of those wh...
- Word Count: 544
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School