1. Global Social Inequality Reveals the Cracks in our System
... largest industrial corporations employ only .05 percent of the world's population while controlling 25% of the world's economic output. • Only one percent of all multinational corporations own one half of the global stock of foreign direct investments. • Two 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 ... . • Third world debt amounts to 1.8 trillion dollars. • Only 358 billionaires have a total income of 7...
- Word Count: 544
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School