Economy
Black Friday: The inequality of overconsumption
This excellent article in Why Green Economy is a summary of Dario Kenner’s (pictured) working paper, The inequality of overconsumption: The ecological footprint of the richest, published by the Global Sustainability Institute (Anglia Ruskin University).
In the last few years the issue of inequality has shot up the global agenda. The 2008 financial crisis and its continuing aftermath have brutally highlighted just how extreme the gap between the very richest and the rest is (see Thomas Piketty’s research).Oxfam prediction that globally the “combined wealth of the richest 1% will overtake that of the other 99% of people by 2016” that was confirmed in October.
Read the full summary here where you can download this important working paper.