The most serious and universal problem is the growing chasm between the richest and poorest people on earth. Citizens of the ten wealthiest countries are now seventy-five times richer than those who live in the ten poorest ones, and the separation is increasing every year, not only between nations but also within them.
About this quote
- What does it mean?
- The gap between the world richest and poorest is growing both between nations and within them.
- In plain terms
- Wealth inequality is increasing globally and inside countries.
- What can you take from it?
- Wealth inequality is a major universal problem requiring attention.
Where it applies
Putting it to work
Questions to consider
- What causes wealth gaps to widen?
- How can societies address inequality?
Another view
Economic growth can sometimes coexist with rising inequality.
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