Tag: wealth
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Visualising Global Wealth Inequalities
Global inequality is one of the core themes in the Global Development option within A-level sociology, and visual infographics are a useful way of making global inequalities easier to understand. This post focuses on global wealth inequalities. Details of how wealth is measured are included at the bottom of this post. The Distribution of Wealth…
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The impact of Coronavirus on Global Wealth
This post focuses on a recent report produced by Credit Suisse. It is primarily written for students studying the Global Development option for A-level sociology, and is meant to serve as an update on Global inequalities! In 2019, Privately Owned Global Wealth had grown to $399 trillion, an almost 9% increase on the previous year,…
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Rich House, Poor House – Spreading the Myth of Meritocracy
In this Channel 5 series, one family in the ‘wealthiest 10%’ of Britain swap lives for a week with a family in the ‘poorest 10% of Britain’. As I see it this programme performs an ‘ideological control function’ – spreading the myth of meritocracy. They two families swap houses, budgets and leisure-timetables for a week…
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Trends in Global Wealth Inequality and Poverty
Global wealth inequality is increasing, but how can we explain this, is this is a problem, and what could we do to make the world a more equal place? Trends in Global Wealth Inequality and Poverty According to the 2016 Global Wealth Report produced by Credit Suisse, wealth inequality in 2016, measured by the share of the wealthiest 1…
