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December 07, 2006

World Wealth Inequality Study Economy

A new study on the world distribution of wealth [PDF], the most comprehensive study of its kind ever undertaken, finds (as of the year 2000):

I knew it was bad, but still.

Trickle-down economics, deregulation, tax cuts for the wealthy, "free trade" agreements, etc., have all contributed to the ever-increasing concentration of wealth into fewer and fewer hands. The lucky few love those policies — which pretty much tells you all you need to know.

Posted by Jonathan at December 7, 2006 05:39 PM  del.icio.us digg NewsVine Reddit YahooMyWeb

Comments

Here's an interesting and compelling documentary on the IMF agreement with Jamaica and the effect it’s had on the locals. It blows the mind to see how these IMF “agreements” devastate countries. The IMF completely takes advantage of countries when they’re at their weakest, and then sucks the last bit of life out of them. Honestly, this stuff is appalling. The documentary drives the point home effectively by comparing western tourists and the Jamaicans.

Life and Debt - Globalization and Jamaica

http://video[dot]google[dot]com/videoplay?docid=-5277094596195828118&q=genre%3Adocumentary+duration%3Along

(replace [dot] with actual periods)

Posted by: Jeff at December 8, 2006 06:50 PM