Wednesday, December 15, 2010

fair world update: if we shared the wealth and income

I blogged the numbers on sharing the wealth earlier. From Working Group on Extreme Inequality » The Difference More Global Equality Could Make:
The world’s 4.4 billion adults, notes the new Credit Suisse research, now hold $194.5 trillion in wealth. That’s enough, if shared evenly across the globe, to guarantee every adult in the world a $43,800 net worth.
Lately, I've been thinking about sharing income. Wikipedia came through: World economy says every person in the world would get $10,500 (GDP/PPP).

Which means Emma and I would have a net worth of $87,600, and we would get $20,500 a year. Assume universal health care and good public transportation, and life would be sweet.