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The cost of inequality: How wealth and income extremes hurt us all

The world must urgently set goals to tackle extreme inequality and extreme wealth It is now widely accepted that rapidly growing extreme wealth and inequality are harmful to human progress, and that something needs to be done. Already this year, the World Economic Forum’s Global Risk Report rated inequality as one of the top global risks of 2013. The IMF and the Economist agree. Around the world, the Occupy protests demonstrated the increasing public anger and feeling that inequality has gone too far.

In the last decade, the focus has been exclusively on one half of the inequality equation - ending extreme poverty. Inequality and the extreme wealth that contributes to it were seen as either not relevant, or a prerequisite for the growth that would also help the poorest, as the wealth created trickled down to the benefit of everyone.

The cost of inequality: How wealth and income extremes hurt us all

Извор: WUNRN – 19.01.2015

 

 

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