26 the richest people in the world own wealth equivalent to the income of half the world’s population – Guterres

26 the richest people in the world have a combined wealth equivalent to the income of half the world’s population. On 18 July said Generalny UN Secretary-antónio Guterres, speaking in new York a lecture, timed to the anniversary of the birth of former South African President Nelson Mandela. The transcript of the speech published on the website of the UN news.

According to Guterres, currently, more than 70% of people in the world live in conditions of growing inequality in income and quality of life.

“But let’s not forget that the difference in the level of financial wealth is the only measure of inequality. The quality of life of people depend on their gender, ethnic origin, race, disability, and many other aspects. The lives of millions of people on the planet are largely determined by factors that occur at the moment of their birth,” – said the UN Secretary General.

In his opinion, a high level of financial stratification in the world creates economic instability, corruption, financial crises, rising crime, leads to deterioration of physical and mental health.

“Discrimination, abuse of all kinds, the lack of an established, effective system of justice adversely affect the lives of millions of people, but more than any other of these factors affect indigenous peoples, migrants, refugees and various minorities. This imbalance is a direct affront to human rights. Therefore, throughout human history, the struggle against inequality was the basis of movements for social justice, labor rights, and gender equality,” said Guterres.

He noted that from 1980 to 2016 one percent richest people in the world accounted for 27% of total aggregate income growth. More than half of the 20-year-olds in countries with high human development currently have higher education, whereas in countries with low human development, the figure is only three percent.

However, about 17% of children born 20 years ago in the countries with low human development, have already died.

The fundamental principle of the UN is that food, health, water, adequate socio-sanitary conditions, education, decent work and social security should not be commodities for sale to those who can afford this stuff is not a privilege, but the innate right of every human being, said UN Secretary-General.

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