Thursday, October 23, 2008

Wealth gap = social time bomb

This is from an article in The Guardian:

Growing inequality in US cities could lead to widespread social unrest and increased mortality, says a new United Nations report on the urban environment.

In a survey of 120 major cities, New York was found to be the ninth most unequal in the world and Atlanta, New Orleans, Washington, and Miami had similar inequality levels to those of Nairobi, Kenya Abidjan and Ivory Coast. Many were above an internationally recognised acceptable "alert" line used to warn governments.

"High levels of inequality can lead to negative social, economic and political consequences that have a destabilising effect on societies," said the report. "[They] create social and political fractures that can develop into social unrest and insecurity."

According to the annual State of the World's cities report from UN-Habitat, race is one of the most important factors determining levels of inequality in the US and
Canada.

You know, there is more to quality of life than individual wealth. I wish the rich would realize this. Living in a safe, stable environment seems to me to be at least partially as valuable as just accumulating as much money as possible.

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