Curving

Did you ever come across the elephant curve of global inequality? The chart’s shape suggests the silhouette of an elephant head with its trunk raised. The curve show that between 1980 and 2016, the bottom 50% of the world’s population captured 12% of real income growth, while the top 1% captured 27%. In other words, the rich are getting richer faster than the poor are getting richer – and at the extremes the disparity is even more stark. The dip in the trunk is also insightful, showing how middle-income populations are hardly benefiting from economic growth, explaining rising popular discontent.

— Wayne Visser

From Purpose Inspired: Reflections on Conscious Living, Volume 2. Buy on Lulu ↗