The Distribution of Global Capital: 3 Billion People Lives on $2/day

This week the Live 8 mega-event turned our attention to the problem of poverty. We learned that a child dies from it every three seconds. While we wait for the world to finally do something in order to save the African kids, we should look closely at the statistics and the true extent of international poverty.

The distribution of Global Capital

Half the world, nearly three billion people, lives on less than two dollars a day. 1.3 billion people live on $1/day. The Gross Domestic Product of the 48 poorest nations, i.e. a quarter of the world