Tuesday, November 12, 2013

A cool but worrying presentation about inequality

Over time, more and more people around the globe are being pulled out of poverty as capitalism and the market mechanism makes every better off. However, this is only true on the avaerages - we can see from the above presentation that inequality within developed countries is increasing and is much more pronounced than Joe Public perceives. Bear in mind the above video is based on 2009 data. Since then, inequality the differentials have increased.

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