1. Global Social Inequality Reveals the Cracks in our System
... thirds of world trade are controlled by multinational corporations. • The top five multinational corporations control 70 percent of the global market for consumer durables. • The top five firms 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 ... 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 contra...
- Word Count: 544
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School