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Will the whole world ever be equally rich?

Writer: Nguyễn Trung KiênNguyễn Trung Kiên

Key Points

  • Research suggests there has never been a time when the entire world was equally wealthy, as inequality has always existed to some degree.

  • It seems likely that hunter-gatherer societies had lower inequality, but differences between regions due to resources still persisted.

  • Evidence points to increasing global inequality over time, particularly with the rise of agriculture and industrialization, though recent decades show some signs of convergence.

 
Based on historical and economic studies, it appears there has never been a time when all people in the world were equally wealthy. Inequality, whether in wealth or resources, has been a consistent feature throughout human history, though its extent has varied.

Historical Context:

In early human societies, such as during the Paleolithic era when people lived as hunter-gatherers, research indicates there was relatively low inequality within small groups, with an average Gini coefficient of about 0.25, similar to modern Denmark (Wealth Transmission and Inequality Among Hunter-Gatherers). However, different groups across various regions likely experienced varying levels of prosperity due to differences in natural resources, such as food availability. This suggests that global equality was unlikely even at that time.

Will the whole world ever be equally rich?
Will the whole world ever be equally rich?

With the advent of agriculture around 10,000 years ago, inequality increased as some individuals could accumulate wealth through land and surpluses, leading to disparities between elites and commoners. This trend persisted through feudal systems and intensified during the Industrial Revolution, widening the gap between rich and poor regions (Economic history of the world).

In primitive societies, such as the Paleolithic period when people lived primarily as hunter-gatherers
In primitive societies, such as the Paleolithic period when people lived primarily as hunter-gatherers

Modern Trends and Unexpected Detail:

In recent decades, global income inequality between countries has begun to decline, with faster growth in some poorer nations, particularly in Southeast Asia, moving toward a more even distribution (The history of global economic inequality). This is an unexpected detail, as one might assume inequality is always rising, but within many countries, inequality has actually increased, creating a complex picture.

Conclusion:

Given this, it seems unlikely there was ever a time when the entire world was equally wealthy. While certain periods and societies were more egalitarian, global disparities due to geography and social structures have always existed.


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Zurück zum Ursprung - Magen Darm Edition
 

Survey Note: Detailed Analysis of Global Wealth Equality

This section provides a comprehensive exploration of whether there has ever been a time when the entire world was equally wealthy, drawing on historical, anthropological, and economic perspectives. The analysis aims to cover all relevant details, offering a professional and thorough examination for readers interested in the topic.


 

Historical Overview of Wealth Distribution, the Polarization of the Rich

To address the question, we first examine the earliest human societies. During the Paleolithic era, spanning from about 2.5 million years ago to 10,000 years ago, humans primarily lived as hunter-gatherers. Anthropological studies suggest these societies were relatively egalitarian, with resources often shared to meet basic needs. A 2010 study found that hunter-gatherer societies had an average Gini coefficient of 0.25, comparable to modern Denmark in 2007, indicating lower inequality than industrial societies (Hunter-gatherer). This is detailed in "Wealth Transmission and Inequality Among Hunter-Gatherers," which notes that while some inequality existed, it was minimal, with wealth transmission across generations observed but not to the extent seen in later societies (Wealth Transmission and Inequality Among Hunter-Gatherers).


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However, this equality was likely confined to small, isolated groups. Different regions had varying access to resources, such as abundant game or plant life, which could lead to disparities between groups. For example, hunter-gatherers in fertile areas might have enjoyed better living conditions than those in harsher environments, suggesting global equality was not achieved even in these early times. The study also cautions that modern hunter-gatherer data may not fully reflect Paleolithic conditions due to cross-cultural influences over the past 10,000 years, limiting insights into ancient global distribution (Hunter-gatherer).


 

The Impact of the Neolithic Revolution

The shift to agriculture, beginning around 10,000 years ago with the Neolithic Revolution, marked a significant turning point. This period enabled surplus production and wealth accumulation, leading to increased inequality. Studies, such as those cited in "Ecological variation and institutionalized inequality in hunter-gatherer societies," suggest that while some hunter-gatherer societies showed hereditary inequality, reliance on domesticated crops in agricultural societies amplified disparities, creating classes of landowners and landless peasants (Ecological variation and institutionalized inequality in hunter-gatherer societies). This trend continued into ancient civilizations like Egypt and Mesopotamia, where pharaohs and kings amassed significant wealth while commoners lived in relative poverty, further widening the gap (Economic history of the world).

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Feudal and Pre-Industrial Periods

During feudal times, particularly in Europe and Asia, wealth was concentrated among nobles and landowners, with peasants having limited access to resources. This structure reinforced inequality, as evidenced by historical accounts of vast estates owned by elites. The economic history of the world, as outlined on Wikipedia, notes that GDP per capita remained low and stable until the Industrial Revolution, but this stability did not imply equality; rather, it reflected a persistent divide between the wealthy few and the majority (Economic history of the world).


 

Industrial Revolution and Modern Era

The Industrial Revolution, beginning in the 18th century, worsened global inequality. It spurred rapid economic growth in industrialized nations, particularly in Europe and North America, while many other regions lagged, creating a divide between "rich" and "poor" countries. The Wikipedia page on economic inequality highlights that income inequality between nations peaked in the 1970s, with a bimodal distribution, and while globalization has narrowed this gap in recent decades, inequality within nations has often risen (Economic inequality). For instance, the United States and China have seen significant increases in internal inequality, as noted in a Brookings article on rising inequality (Rising inequality: A major issue of our time).


 

Recent Trends and Convergence

A notable development is the recent convergence in global incomes, particularly since the late 20th century. Our World in Data’s analysis shows that incomes in many poorer countries, especially in Southeast Asia, have grown faster than in rich countries, shifting from a two-hump to a one-hump world income distribution (The history of global economic inequality). This suggests a narrowing gap, but it does not mean the world is equally wealthy. Extreme poverty has declined, with more people rising above the poverty line, yet significant disparities persist, as highlighted in Oxfam’s 2021 report on global inequality during the COVID-19 pandemic, where billionaires’ wealth grew while many lived on less than $5.50 a day (A deadly virus: 5 shocking facts about global extreme inequality | Oxfam International).

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Theoretical Considerations and Controversies

The concept of "primitive communism," proposed by some anthropologists, suggests early human societies were highly egalitarian, with shared resources and no private property. However, this is debated, as evidence from hunter-gatherer studies shows some social stratification and wealth transmission, challenging the idea of complete equality (Hunter-gatherer). Thomas Piketty’s work, Capital in the Twenty-First Century, argues that inequality has risen since the 18th century, advocating for global wealth taxes to address it, influencing economic policy discussions (Economic history). This controversy underscores the complexity of defining and measuring equality, especially on a global scale.


 

Comparative Analysis: Gini Coefficient and Inequality Measures

To quantify inequality, the Gini coefficient is widely used, ranging from 0 (perfect equality) to 1 (perfect inequality). Hunter-gatherer societies, with a Gini of 0.25, were more equal than modern nations like the United States, which had a Gini of around 0.81 in 2017 (Researchers chart rising wealth inequality across millennia | WSU Insider). This comparison highlights that while early societies were more egalitarian, global equality was never achieved due to regional variations. The IMF’s introduction to inequality notes that global factors like technological progress and globalization contribute to these trends, reinforcing the persistent gap (Introduction to Inequality).


 

Table: Comparison of Inequality Across Eras

Era

Typical Gini Coefficient

Key Characteristics

Global Equality Achieved?

Paleolithic (Hunter-Gatherer)

~0.25

Shared resources, low wealth accumulation

No, due to regional differences

Neolithic (Agriculture)

Increasing

Surplus, land ownership, class division

No, inequality grew

Feudal Period

High

Nobles vs. peasants, concentrated wealth

No, significant disparities

Industrial Revolution

High (~0.59 in Old World)

Rapid growth, urban-rural divide

No, widened global gaps

Modern Era (2020s)

Varies (0.25-0.81)

Globalization, some convergence, internal rises

No, still unequal

This table summarizes the evolution of inequality, showing that no era achieved global equality.

Conclusion and Implications

Based on the evidence, it is highly unlikely there has ever been a time when the entire world was equally wealthy. While hunter-gatherer societies were more egalitarian within groups, regional disparities due to environmental factors prevented global equality. The rise of agriculture, feudal systems, and industrialization further entrenched inequality, and even recent convergence does not indicate a state of equal wealth. This analysis aligns with economic histories and anthropological studies, suggesting that inequality is a persistent feature of human societies, shaped by geography, technology, and social structures.

For future research, exploring how policy interventions, such as the progressive taxation proposed by Piketty, could reduce inequality might provide insights into achieving greater global equity, though this remains a complex and ongoing challenge.


Key Citations

 

Good article:


 


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