{"id":68743,"date":"2016-04-21T10:50:13","date_gmt":"2016-04-21T15:50:13","guid":{"rendered":"https:\/\/thesocietypages.org\/socimages\/?p=68743"},"modified":"2016-04-20T22:51:06","modified_gmt":"2016-04-21T03:51:06","slug":"illustrating-global-wealth-inequality","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/socimages\/2016\/04\/21\/illustrating-global-wealth-inequality\/","title":{"rendered":"Illustrating Global Wealth Inequality"},"content":{"rendered":"<p>Wealth inequality in the U.S. is extreme, but global wealth inequality, illustrates a video by\u00a0<a href=\"http:\/\/therules.org\/\" target=\"_blank\">The Rules<\/a>, is even more stunning.\u00a0Some facts:<\/p>\n<ul>\n<li>The top 20% control\u00a080% of the world&#8217;s wealth.<\/li>\n<li>The richest 2% control more wealth than the bottom\u00a0half of the world&#8217;s population.<\/li>\n<li>The richest 300 people on earth have more wealth than the poorest 3,000,000,000.<\/li>\n<li>200 years ago, rich countries were three times as rich as poor countries. Today, they are eighty times richer.<\/li>\n<li>Rich countries give $130 billion dollars worth of aid to poor countries every year, but they extract $2 trillion each year thanks to global economic rules.<\/li>\n<\/ul>\n<p>Here are their <a href=\"http:\/\/therules.org\/inequality-video-fact-sheet\/\" target=\"_blank\">sources<\/a>; or watch the four minute video:<\/p>\n<p style=\"text-align: center;\"><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/uWSxzjyMNpU\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>The Rules wants to reveal and challenge the laws that govern our global economy. It is a distinctly sociological project,\u00a0looking at how factors outside of individuals &#8212; or, in this case, countries &#8212; shape lives. Shaped strongly by the richest countries in their own best interest, rules governing the trading of\u00a0goods and money are determining the economic solvency and future of countries.<\/p>\n<p>When those rules are invisible,\u00a0it can seem like struggling\u00a0countries are just poorly managed or culturally problematic when, in fact, the rules ensure that the deck is stacked against them.<\/p>\n<p><em>Hat tip to <a href=\"https:\/\/economicfront.wordpress.com\/2016\/04\/17\/global-wealth-inequality-2\/\" target=\"_blank\">Martin Hart-Landsberg<\/a>.<\/em><\/p>\n<span class=\"ft_signature\"><em><a href=\"http:\/\/lisa-wade.com\/\">Lisa Wade, PhD<\/a> is an Associate Professor at Tulane University. She is the author of <\/em><a href=\"https:\/\/www.amazon.com\/American-Hookup-New-Culture-Campus\/dp\/039328509X?ie=UTF8&amp;*Version*=1&amp;*entries*=0\">American Hookup<\/a><em>, a book about college sexual culture; a <a href=\"https:\/\/www.amazon.com\/Gender-Interactions-Institutions-Lisa-Wade\/dp\/0393931072?ie=UTF8&amp;*Version*=1&amp;*entries*=0\">textbook about gender<\/a>; and a forthcoming introductory text: <\/em><a href=\"https:\/\/lisa-wade.com\/intro\/\">Terrible Magnificent Sociology<\/a><em>.\u00a0You can follow her on <a href=\"https:\/\/twitter.com\/lisawade\">Twitter<\/a> and <a href=\"https:\/\/www.instagram.com\/lisawadephd\/\">Instagram<\/a>.<\/em><\/span>","protected":false},"excerpt":{"rendered":"<p>Wealth inequality in the U.S. is extreme, but global wealth inequality, illustrates a video by\u00a0The Rules, is even more stunning.\u00a0Some facts: The top 20% control\u00a080% of the world&#8217;s wealth. The richest 2% control more wealth than the bottom\u00a0half of the world&#8217;s population. The richest 300 people on earth have more wealth than the poorest 3,000,000,000. [&hellip;]<\/p>\n","protected":false},"author":51,"featured_media":68745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[29,36,98,23666,64,8118,85,304,868],"class_list":["post-68743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-class","tag-economics","tag-capitalism","tag-economics-social-welfare","tag-globalization","tag-organizationsinstitutions","tag-politics","tag-the-state","tag-power"],"jetpack_featured_media_url":"https:\/\/thesocietypages.org\/socimages\/files\/2016\/04\/6-2.png","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/68743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/comments?post=68743"}],"version-history":[{"count":1,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/68743\/revisions"}],"predecessor-version":[{"id":68746,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/68743\/revisions\/68746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media\/68745"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media?parent=68743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/categories?post=68743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/tags?post=68743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}