Tag: wealth disparity

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Economy In The News

Rich India, Poor Indians? Dispelling The Mirage Of The “World’s Fourth Biggest Economy”

As India's projected GDP climbs to the world's fourth highest, the nation's poverty rates skyrocket. Credit: Indranil Aditya/NurPhoto via ZUMA

For the first time, countries are growing richer, but their people are not. Income and wealth inequality not only skew per capita averages, they make economies seem healthier than they are. In short, they reflect realities of a few, at a huge cost to others.

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Society

In The Shantytowns Of Buenos Aires, Proof That Neighbors Function Better Than Cities

A person with blonde hair stands half hidden behind the brick wall infront of a house
A resident of Villa Palito, La Matanza, stands at their gate. August 21, 2020, Buenos Aires, Argentina Paula Acunzo/ZUMA

Residents of the most disadvantaged peripheries of the Argentine capital are pushed to collaborate in the absence of municipal support. They build homes and create services that should be public. It is both admirable, and deplorable.

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