© Curt Carnemark/World Bank Inequality is a problem all countries face, whether they are poor, rich, or in-between. Some inequality can be a temporary byproduct of economic growth when not everyone is moving at the same speed and at the same time. But when the majority of people suffer economic and social stagnation, inequality poses a real threat to the progress of individuals and whole countries. This is why high and persistent inequality is not only morally wrong, but also a symptom of a broken society. It can lead to entrenched poverty, stifled growth, and social conflict. This is also …read more
Source: The Huffington Post
