1. Global Social Inequality Reveals the Cracks in our System
... 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 ... many are dying of poverty. Those who produce commodities such as the workers in developing countries cannot buy commodities in the market. Those who make tall buildings live in shanties. M...
- Word Count: 544
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School