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Less is More: How Degrowth Will Save the World by
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Lucía
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And yet in return for this they receive literally pennies. The poorest 60% of humanity receives only about 5% of total global income.36 Over the course of the past four decades since 1980, their daily incomes have increased by an average of about 2 cents per year. (…) the vast majority of new income from global growth has gone to the world’s rich.
— Dec 28, 2025 10:51AM
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And yet in return for this they receive literally pennies. The poorest 60% of humanity receives only about 5% of total global income.36 Over the course of the past four decades since 1980, their daily incomes have increased by an average of about 2 cents per year. (…) the vast majority of new income from global growth has gone to the world’s rich.
Lucía
is 60% done
When people think of the global poor, they quite often imagine countries that are cut off from the world economy. (..) But this image gets it completely wrong. The poor are deeply integrated into the circuits of global capital. (…) They contribute the vast majority of the labour and resources that go into the global economy.
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— Dec 28, 2025 10:51AM
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