looking beyond borders

foreign policy and global economy

Archive for the tag “inequality”

We’ve Just Had The Best Decade In Human History. Seriously

Let nobody tell you that the second decade of the 21st century has been a bad time. We are living through the greatest improvement in human living standards in history. Extreme poverty has fallen below 10 per cent of the world’s population for the first time. It was 60 per cent when I was born. Global inequality has been plunging as Africa and Asia experience faster economic growth than Europe and North America; child mortality has fallen to record low levels; famine virtually went extinct; malaria, polio and heart disease are all in decline.

Read Here – The Spectator

Rise of the Chest-Thumpers

History clearly didn’t end with the triumph of market capitalism and democracy. Those who seek to disprove this old dogma often point to the eruption of radical Islam and the counteroffensive by the West — two events which have indeed overshadowed the last decade in many countries. But history has accelerated more dramatically — in the wrong direction — in three nations that contain a much larger part of the world’s population.

Read Here – Bloomberg

The Left is Bereft

The latest cover of the Economist, the weekly news magazine that likes to call itself a newspaper, featured inequality, which it believes is the new big problem facing the world at large. Belatedly, the world is finally beginning to acknowledge an endemic problem, which is so anecdotally visible in the new India defined by glitzy malls and ostentatious consumption and yet rarely debated. The unbridled rise of corruption, its ceaseless expose and the inability of the system to expedite prosecution of the accused only reinforces the perception divide between the haves and have-nots, writes Anil Padmanabhan

Read Here – Mint

Post Navigation

%d bloggers like this: