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Global Wealth Inequality – What you never knew you never knew

Added by editor, on September 25th, 2015

The richest 300 people in the world are more wealthy than the poorest 3 billion combined, and every year rich countries take over 10 times more money from poor countries than they give in aid. Find out more by watching the video.

Here is a list of sources for the facts used in the video

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1 comment to Global Wealth Inequality – What you never knew you never knew

  • Tom Livanos
    Thursday, 8 Oct at 4:52 pm

    Reader, if you are anything like me then poverty, starvation, famine, death by preventable disease etc. are far removed from our daily experience.

    Unemployment.. this is something which is easier to relate to. Having moved from working in financial services to working in environmental and societal sustainability, I have something to say about unemployment. In a sustainable world, it does not exist – ever. Reason: people’s time is occupied in taking responsibility for water, food and other items consumed. There is a certain satisfaction that goes along with that. Self-employed people experience it more than most others.

    They also work hard – harder and longer than the 300 individuals who have wealth equal to 3,000,000,000 other individuals. The idea that the 300 individuals deserve to be as wealthy as they are is false. This is not an argument that they have to be robbed but, by golly, there is a problem with the rules that created this inequality.

    I had nothing to do with this video or having it released here but I like it. Reason: it ends with three questions. Some commentators underneath the YouTube video argue that they are the wrong questions. Fair enough. At least though the video makers are not trying to tell all of us how to live. Come up with your own questions. Do so privately or publicly. Something has to change.