Re: Can globalization be sustained ?
From: Kimon Berlin (kimon_at_partideletranger.org)
Date: 12/16/04
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Date: Thu, 16 Dec 2004 05:40:13 GMT
PB <pb1965@sympatico.ca> wrote in
news:VnAvd.7339$%p1.747324@news20.bellglobal.com:
> Is rising inequality (income and net wealth) dangerous and
> unsustainable ?
>
> It is rising within developed countries and between rich and poor
> countries.
>
> Middle-class squeeze is on, aging population, etc.... how we get out
> of this mess ?
>
> If a society cannot help the many who are poor, it cannot save the few
> who are rich. (John F Kennedy)
See Sala-i-Martin, 'The disturbing "Rise" of Global Income Inequality".
There's a copy here:
http://www.fordham.edu/economics/basu/trial_web/sala1.pdf
-- Kimon
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