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jberryhill

(62,444 posts)
4. Here you go...
Fri Jul 1, 2016, 02:52 PM
Jul 2016


http://www.pewresearch.org/fact-tank/2014/01/24/chart-of-the-week-how-two-decades-of-globalization-have-changed-the-world/

Source: Milanovic, B., Lead Economist, World Bank Research Department, Global income inequality by the numbers. Annotations by James Plunkett.

Sometimes a graphic inspires us not by its creative animations or mesmerizing interactive elements, but by how much it can explain with how little. That’s why we like this chart from Branko Milanovic, lead economist at the World Bank’s research department (as annotated by James Plunkett, policy director at U.K. think tank Resolution Foundation). Milanovic likes to call it, “How the world changed between the fall of the Berlin wall and the fall of Wall Street.”
 

jberryhill

(62,444 posts)
5. ....and
Fri Jul 1, 2016, 02:53 PM
Jul 2016

http://elibrary.worldbank.org/doi/abs/10.1596/1813-9450-6259

The paper presents an overview of calculations of global inequality, recently and over the long-run as well as main controversies and political and philosophical implications of the findings. It focuses in particular on the winners and losers of the most recent episode of globalization, from 1988 to 2008. It suggests that the period might have witnessed the first decline in global inequality between world citizens since the Industrial Revolution. The decline however can be sustained only if countries' mean incomes continue to converge (as they have been doing during the past ten years) and if internal (within-country) inequalities, which are already high, are kept in check. Mean-income convergence would also reduce the huge “citizenship premium” that is enjoyed today by the citizens of rich countries.
 

FixTheProblem

(22 posts)
9. At the risk of sounding like a "special snowflake," I'll say no it's not okay
Fri Jul 1, 2016, 07:08 PM
Jul 2016

It seems anyone who speaks up about this, especially the young, are met with nothing but hostility, EVEN from the left.

AZ Progressive

(3,411 posts)
10. Apparently many Americans love the Chinese so much as to enrich them at the expense of our country..
Sat Jul 2, 2016, 11:31 AM
Jul 2016

Apparently in the world of globalization, the only thing that matters is money and corporations. "The world is a business."

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