The surprising finding of this book is that global income inequality is decreasing. Critics of globalisation and others maintain that the spread of consumer capitalism is dramatically polarising the worldwide distribution of income. But as the demographer Glenn Firebaugh carefully shows, income inequality for the world peaked in the late 20th Century and is now heading downward because of declining income inequality across nations. Furthermore, as income inequality declines across nations, it is rising within nations. Firebaugh claims that this historic transition represents a new geography of global income inequality in the 21st Century.
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