The difference between rich and poor is becoming more extreme, and as income inequality widens the wealth gap in major nations, education, health and social mobility are all threatened.
Sentiment: NEGATIVE
In middle-income countries, inequality becomes a problem because you can see there is a layer of people who are doing well, while the poor are still stuck there.
The gap between the rich and poor is widening fast.
In real terms, there is a greater disparity of earnings between the very rich and the very poor.
The world is richer than ever, and the gaps between rich and poor are wider.
Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves.
In financial terms, my sense is that the distribution of wealth, unequal as it is, is self-perpetuating, and, especially in a linked and accelerating world, the rich get ever more quickly richer while the poor get ever more speedily poorer.
I'm interested in illuminating the enormous disparity between vast poverty and the tiny upper class... This vast inequity is unfair by definition, and I am interested in illuminating that and, where possible, changing that.
In middle-income countries, inequality becomes a problem because you can see there is a layer of people who are doing well, while the poor are still stuck there. We have 300 million poor in India.
When inequality gets too extreme, then it becomes useless for growth, and it can even become bad because it tends to lead to high perpetuation of inequality over time and low mobility.
Inequalities of wealth lead to a dispersion in wealth for all.
No opposing quotes found.