Saturday, December 10, 2011

In the US the protest movement is symbolically against the top
1%. Income data from the US Congressional Budget Office, however,
shows that it isn't just the top 1% benefiting far more than the
rest of American society, but the top 0.1% in particular.

High levels of inequality is generally believed to affect social
cohesion. Some findings suggest that once nations are industrialized,
more equal societies almost always do better in terms of health,
well-being and social cohesion and that large income inequalities
within societies destroys the social fabric and quality of life
for everyone.

This update to the poverty page adds a section on inequality in the
US, as well as adding some additional information about research
showing globally some 147 multinational companies having core global
influence and power.










http://www.globalissues.org/article/4/poverty-around-the-world

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