: Why does the rich gets richer and the poor gets poorer?
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The first part is true, but the second is not:
> The world made good progress – in the last decade the share that lives on less than $10 per day has declined by 10 percentage points – but the chart also shows that much progress is still needed. 62% live on less than $10 per day and 85% live on less than $30.
> The global data makes clear why the world needs much more growth to end poverty. The world as a whole today is in a situation not so different from Sweden a century ago. The majority of the world left extreme poverty behind, but is still far poorer than $30 a day.
https://ourworldindata.org/history-of-poverty-has-just-begun
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