The Problem with Consumption
Sorry for my complete lack of blogging since August, I’ve been utterly consumed with starting a new job and moving to a new city. Came across some interesting articles about world poverty and consumption today, which got me thinking about where my personal priorities lay in terms of what I spend my money on, and what kind of things I want on a day-to-day basis. Below is some information from the UN about the matter – they can probably sum it up better.
The Conclusion: Global inequality is predominantly found in consumption choices and preferences of wealthier individuals in the world.
Inequalities in consumption are stark. Globally, the 20% of the world’s people in the highest-income countries account for 86% of total private consumption expenditures — the poorest 20% a minuscule 1.3%. More specifically, the richest fifth:
- Consume 45% of all meat and fish, the poorest fifth 5%
- Consume 58% of…
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Foreign Policy 