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Inequality, measured by wealth controlled by the richest, is higher in India than in China or Brazil.
In 1992, the top tenth of the population controlled 20 times the wealth controlled by the bottom half.
The £1.1tn spent is slightly more than the wealth controlled by the poorest half of the world's population – 3.5 billion people.
The president is a devoted disciple of the teachings of Saul Alinsky and a true believer in a redistribution of wealth controlled by big government.
By 1976, the amount of the nation's wealth controlled by the richest 1 percent of Americans had fallen from more than 50 percent to only 20 percent.
The total wealth controlled by people with assets of at least $1m nearly quadrupled between 1986 and last year, from $7.2 trillion to $27 trillion.
Similar(40)
The writer covers such topics as endurance under persecution, poverty and wealth, control of the tongue, care for orphans and widows, cursing, boasting, oaths, and prayer.
However, this relationship is complex; it may be influenced by gender, wealth, control of household decisions, the relative market-orientation of a household's agricultural production, and the specific nature of farm diversity.
According to Rwezaura (1989), where a society is based on a hierarchal organization with a tighter control of elders, the elders often command a greater wealth control.
The majority of wealth is controlled by a minority.
The bulk of the country's wealth is controlled by a few hundred oligarchs — Presidential cronies, generals, and their families.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com