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Assignment Reg Documentary On The Rich, The Poor and The Trash 24 Sept 20

The document discusses inequality, economics, and public policy across countries. It notes that while some economies have grown, the wealthiest citizens have benefited far more than the poorest half of populations. Wealthy individuals consume more resources and produce more waste, contributing more to environmental damage. The type and amount of trash societies produce reveals information about consumption habits, prosperity levels, and social inequality. Reducing inequality requires providing all citizens access to quality education and basic necessities to alleviate disparities, as extreme inequality threatens economic and social stability.

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Tamal Maitra
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286 views1 page

Assignment Reg Documentary On The Rich, The Poor and The Trash 24 Sept 20

The document discusses inequality, economics, and public policy across countries. It notes that while some economies have grown, the wealthiest citizens have benefited far more than the poorest half of populations. Wealthy individuals consume more resources and produce more waste, contributing more to environmental damage. The type and amount of trash societies produce reveals information about consumption habits, prosperity levels, and social inequality. Reducing inequality requires providing all citizens access to quality education and basic necessities to alleviate disparities, as extreme inequality threatens economic and social stability.

Uploaded by

Tamal Maitra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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"The Rich, the Poor and the Trash”

Key observations related to economics and public policy -


1. Glaring examples of inequality in all countries despite differences in
their wealth levels. Growth of economies has been non-inclusive –rich
getting richer and poor getting poorer. Bottom 50% of the population
didn’t benefit from the growth. Around 40 Million Americans live in
poverty though it is the richest country.

2. Wealthy people use more resources of the planet and produce more
waste than the poor and cause more environmental damage. But they
are not bothered by inequality. If such inequality continues, it will have
serious ramifications – could lead to major disruptions in social and
political spheres.

3. Garbage or trash is a symbol of our times. How we deal with trash gives
an idea about our consumption habits and prosperity levels. It also
measures the levels of social inequality in a country. What some throw
away, others need to survive. Recycling waste translates into money for
the poor.

4. Inequality results from people’s life chances and their starting points.
Children from low-income families should get opportunity for quality
education that gives them chance in life. Wealthy people should help
uplift the poor to reduce poverty. Investment in health, education,
infrastructure and other basic needs of life is important to alleviate
disparities.

5. Inequality threatens good functions of economy, health of society,


quality of democratic institutions and democratic debate. Basic
necessities of life – food, water, housing and healthcare should be
ensured for everyone. Equally important are stable climate, fertile soil,
healthy oceans and protective ozone layer. Need to end deprivation and
extremes of inequality for sustainable future.

DINDAYAL TOSNIWAL,
14th PGD-PPM Batch,
MDI Gurugram

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