See also: Economics | Politics | Wealth Transference | Capitalism
The analysis of the difference in people’s personal wealth. Between and within the rich and the poor nations are vast differences in living standards. Many people have benefitted from copyright law, allowing for the accumulation of billions of dollars.
Inequality in wage income is a social issue, especially when so many people live in poverty. Some people believe that the only way to make wealth for everyone is to ensure needs like information, food, shelter, etc are provided for free.
- In 1970 the richest 10% of the worlds citizens earned 19 times as much as the poorest 10%. By 1997, the ratio had increased to 27:1.
- In 1997, the wealthiest 1% of the world�s people commanded the same income as the poorest 57%.
- Just 25 million rich Americans (.4% of the world�s people) had a combined income greater than that of the poorest 2 billion people (43% of the world population).
Data from UNDP 2001, cited in Waking the Sleepwalkers – PDF, discussing the link between economics, ecology and wealth.
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