Sunday 8 April 2012

Upside Down - by Eduardo Galeano (1998) - A2 Inequality



 
In 1960, the richest 20 percent of humanity had thirty times as much as the poorest 20 percent. By 1990, that figure had increased to seventy times. And the scissors continue to open: in the year 2000 the gap will be ninety times.

Between the richest of the rich, who appear on the pornofinancial pages of Forbes and Fortune, and the poorest of the poor, who appear on the streets and in the fields, the chasm is even greater. A pregnant woman in Africa is a hundred times more likely to die than a pregnant woman in Europe. The value of pet products sold annually in the United States is four times the GNP of Ethiopia. The sales of just the two giants General Motors and Ford easily surpass the value of all black Africa's economies. According to the United Nations Development Program, "Ten people, the ten richest men on the planet, own wealth equivalent to the value of the total production of fifty countries, and 447 multimillionaires own a greater fortune than the annual income of half of humanity." The head of this UN agency, James Gustave Speth, declared in 1997 that over the past half century the number of rich people doubled while the number of poor tripled and that 1.6 billion people were worse off than they had been only fifteen years earlier.

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