Geography 3312A/B Lecture Notes - International Inequality, Us3, Neoliberalism
1 Dec 2012
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Document Summary
Globalisation, poverty and inequality: social justice in the 21st century. Global poverty is going to fall by 2 billion due entirely to falls in poverty in china (the world has done nothing) Unequal income distributions in everywhere but canada, us and most of europe. Cloud minders: the richest fifth of the world"s population received 82% of the world"s income. The richest 10% of the world"s richest adult own 85% of the global wealth (need ,000 in net assets) In 2000: the richest 1% of the world"s richest adults own 40% of the global wealth (need. ,000 in net assets: the poorest 50% of the world"s adult population owned less than 1% of the world"s net assets. If wealth was equally distributed, we would each receive ,500! The world is poor and unequal and becoming more so. 60% of world consumption in the 1990s went to the top 10% (the remainder went to china)
