http://www.alternet.org/news-amp-politics/worlds-richest-8-earn-half-all-planetary-income?akid=10498.1074389.xccE9_&rd=1&src=newsletter846979&t=15
Excerpt:
The lead research economist at the World Bank, Branko Milanovic, will be
reporting soon, in the journal Global Policy, the first calculation of global
income-inequality, and he has found that the top 8% of global earners are
drawing 50% of all of this planet's income. He notes: "Global inequality is
much greater than inequality within any individual country," because the stark
inequality between countries adds to the inequality within any one of them, and
because most people live in extremely poor countries, largely the nations
within three thousand miles of the Equator, where it's already too hot, even
without the global warming that scientists say will heat the world much more
from now on.
Ed
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