- When assessing wealth inequality and its dynamic in a globalized world, it is vital to differentiate inequalities among countries and inequalities within countries.
- 1.1 billion people form the global wealth middle class today, and global concentration of wealth fell below 80%.
- There is no denying that wealth is still unevenly distributed at a global level – and increasingly so in some industrialized countries, first and foremost the US. This situation creates a so-called inclusive inequality paradox. More people are participating in average wealth, while at the same time, the tip of the wealth pyramid is moving further and further away from this average, and is getting smaller and smaller.
The paradox of inclusive inequality