Economics: Index of Financial Inequality

Index of Financial Inequality

How about the graph below, taken from the book The Spirit Level? Just ponder it for a while. The index of financial inequality results in a host of social and health problems. Piketty’s work “Capitalism in the 21^st Century” only confirms this and tells how this has come about (unequal accumulation of capital) and points towards a solution (raise taxes on capital accumulation).

The Rebellious Seeker

p.s. This graph is a survey of industrialized countries. Guess which one has the highest level of inequality? Guess what will happen with billionaires, military types and climate deniers in charge?

 Index of Financial Inequality 

Development: DART Water Mission

DART water team at work

    
DART Water Mission

This describes work in Sri Lanka after the tsunami hit the east coast in 2004     

Local borehole and pump

The recent DART mission to Sri Lanka was located in Ampara district on the east coast of Sri Lanka. This was the region that was the worst hit on the island, with a total of 10,000 of the island’s 30,000 deaths being recorded there. The DART installed 4 reverse osmosis units in two sites in Ampara district. Each one of these units was able to purify 50,000 litres a day of water from a nearby lagoon.

I visited the northern location of the DART water supply point while I was also in Sri Lanka helping with the relief efforts related to water supply and sanitation. The soldiers at the DART water supply point were doing a heroic effort. They lived in simple conditions and worked tirelessly for the period of over a month while they were there. They water they purified was able to keep a steady stream of water trucks supplied with water for the many nearby refugee camps that housed survivors of the recent tsunami disaster.