how are we doing?

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20% of young people in the EU are unemployed.

This is not forecast to improve in the near future. (EU)

20% of US children are living in poverty (US census, 2011)

20% of everyone make more than $3650 per year and account for 76% of ALL private consumption (World Bank)

Meanwhile the poorest 40% account for 5% of total income. (UNDP)

1 in 9 people were chronically undernourished in 2016 including 11 million in the developed world (UN FAO)

Since 1970 Minimum wage in the US has decreased in real terms by 26% while average income of the top 1% has increased by 200%.

source: US bureau of Labour Statistics

According to UNICEF, 1 million children aged 10 to 14 are working as child labourers in the factories of Bangladesh

 

The top 1% now own 50% of the world’s assets up from 42% in 2008.

70% of the world’s working age population, account for 2.7% of total global wealth.

.5% of the global population now own 46% of global wealth.

(Credit Suisse Global Wealth Report, 2017)

FTSE 100 Chief Executive Officer Compensation:

1980: £     80,000
2009: £4,900,000  (Observer)

Almost 1/3 of UK adults are concerned they will have to go without gas or electricity for a period of time this winter to reduce their utility bills. (Yougov survey, Nov 2017)

56% of people surveyed believed the interests of society and the interests of business should have equal weight in business decisions. (Edelman Global Consumer Study)

The world economy is generating 1.2 BN jobs for a demand for 3 BN

(The Coming Job Wars, Jim Clifton, Gallup Chairman)

 

Since 1980:

median household income in the US has grown by 16%
GDP has grown by 154%
Corporate profits have grown by 182%
Income of the top 1% has grown by 190%

41% of the world does not have adequate sanitation (World Water)

Every 20 seconds a child dies as a result of poor sanitation (UN Water.org)

(Diseases from unsafe water kill more people every year than all forms of violence including war – World Health Organisation)

a child born in 1980 in the UK is half as likely to make more money than their parents by the time they reach adulthood, while a person born in 1940 had a 92 percent chance of doing so

(Equality of Opportunity project)