Global protests of late have focussed on the fact that the rich are getting richer, even though the poor are gaining more wealth too. The inequality between the rich and the poor is widening. In 1960, the top 20 percent of the world population had 30 times the income of the poorest 20 percent. By the turn of the century, this had increased to 75 times the wealth of the poorest (Shehu, 2004). The UN in 1990 a goal to halve the people in extreme poverty by 2015. A clear indication that globalisation is helping the poor is proven by this target being reached seven years early (Worldbank, 2012).
The financial crisis of the late 2000s allied with inspiration from the Arab Spring (2011) has led to a series of protests around the world that began with an occupation of Wall Street by protestors. In the UK where the ‘Occupy’ movement had spread, the population has protested at issues including tax evasion by wealthy firms (Walker, 2011) and the growing inequality between them and the richest one percent of the country. Most of these protest camps have now been forcibly removed by the authorities, but this has certainly not dampened public opinion on the issues.
There is little doubt that much criticism of globalisation is justified, but there is no doubt that the world is a much richer place than in generations before. The majority of those who protest against globalisation are from the rich countries who have benefited most, and human behaviour shows that there will always be a voice of protest, no matter the issue. The criticism of globalisation and anti-capitalist protests has certainly had wider implications with bodies such as the G8 seeing their authority challenged. Governments have had to relinquish some issues over to the will of the people, but there is no doubt globalisation will continue, and the rich will get richer.
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