I'm just wondering that if you calculated aggregate worldwide income, and distributed it evenly, what would the wage be, and would it be below what is considered to be the poverty line i.e. one cannot afford to purchase all the resources one requires to live at any given point on the planet. While the poverty line would initially differ in separate locations, market forces would even this out pretty quickly. I suppose the underlying question is, can the earths resources indefinitely support the current and future levels of population?
2006-12-08
01:49:46
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6 answers
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asked by
Inquisitive Scotsman
1
in
Economics