Clare Melamed in Aeon:
Close observers of the development scene will have noticed an interesting shift over the past few years. Where once institutions such as the World Bank and charities like Oxfam described their goal as simply ‘ending poverty’, today they tend to frame things in terms of poverty and inequality. Well, that makes sense: doesn’t it seem intuitively obvious that these two things must be connected in some way?
Yet those links can be surprisingly hard to bring into focus. In 15 years of working in the development sector – first for international NGOs and more recently running a research programme on poverty and inequality – I have found myself explaining over and over again exactly what the one has to do with the other. What does it matter to an impoverished farmer in South Sudan if 85 people hold as much wealth as half the world’s population? If those 85 people gave everything away, would that actually help the farmer?
The problem, I have come to think, is that there are two very different ways of thinking about inequality. The first is all about the rich. The second is all about the poor. The first is the one we usually hear about. The second is the one that really matters.