The debate about inequality rages on in Germany, as the gap between the rich and the poor continues to widen. Some economists say this could have a harmful long-term impact on the economy, while others are less alarmed.
Income inequality can lead to "catastrophes," but there are ways to fight it, according to the World Inequality Report. "Everything depends on the choices that will be made," says renowned economist Thomas Piketty.
Oxfam's latest report on wealth inequality describes how a wealthy elite accumulates vast fortunes while the poorest go without. But the charity has been criticized as offering a too simplistic view of the imbalances.
In a big push for corporate social responsibility, billionaire BlackRock CEO calls on S&P 500 companies to acknowledge their societal impact and evolve to fulfill it, or else. Lindsey Rae Gjording reports from New York.
There are 7.5 billion people on Earth, with 150 people being added to that every minute. July 11 is World Population Day, a UN-designated event focusing on resource distribution, overcrowding and the future.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version