"Provisioning decent living standards for 8.5 billion people would require only 30% of current global resource and energy use, leaving a substantial surplus for additional consumption, public luxury, scientific advancement, and other social investments."
That is a quote from this stuy:
https://www.sciencedirect.com/science/article/pii/S2452292924000493
[#]capitalism #society #justice
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@xrgermany "The main problem is that PPP exchange rates are calculated on the basis of prices across the entire economy – including commercial airfares, luxury cars, and meals at high-end restaurants – rather than the prices of the specific goods that people need to live, such as food and housing." #basicneeds #globaljustice #economics
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text/gemini