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Thursday, August 23, 2012

THE HAVES AND THE HAVENOTS

Capitalism is a world-wide system and its basic set up applies everywhere so recent figures about wealth distribution should come as no surprise. "A study by the United Nations suggests the gap between the rich and the poor in much of Latin America is widening. The report by the UN Agency for Human Settlements says that the richest 20% of the population on average earn 20 times more than the poorest 20%." (BBC News, 22 August) RD

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