The impact of COVID-19 on poverty and global inequality | DW News

The coronavirus pandemic has also become an inequality pandemic. Never before have we seen such a simultaneous increase in the gulf between the haves and the have-nots around the world.

The virus has exposed, fed off and increased existing inequalities of wealth, gender and race. Hundreds of millions of people are being forced into poverty, while the richest – both individuals and corporations – are getting even richer thanks to soaring stock prices.

The crisis has exposed the inability of our deeply unequal economy to work for all. At the same time it's revealed the vital importance of government action to protect our health and livelihoods.

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[aldopolgeo]

It is not COVID, but the mistaken policies of some governments

[meejinhuang]

One of the main causes of poverty and global inequality in the world is political corruption. Many leaders of poor nations are busy getting rich while their people suffer. You have to tackle this problem first.

[rucyaddm]

look at fertility rate of those poor countries, that's exactly the biggest problem. Buying a condom is much cheaper than raise a child, specifically when you're not even able to feed yourself.

[vegahimsa]

Who would have guessed that locking down the young, healthy productive fraction of society to protect the rich elderly unhealthy would accelerate economic inequality?

[alexcarter]

All the virus has done, is take existing trends and speed them up. My town was already dying, the process just sped up. The US was already tipping toward Fascism, that process just sped up. Millions were already homeless, that's just happening faster.

[Cidanandas]

Go to forest.
Plant food trees.
Construct wood houses.
Get cows.
No more scarcity

[michelteekens]

No the governments and central banks did!

[masonwaiter]

People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin

[allydea]

Covid didn't increase inequality, yhe measures did.

[PutuWiwidBudiastra]

Yeah, humanity is just nasty and there's no silver lining. SAD.

[joerod]

Can you guys do a retrospective on poverty in the US, mainly the 'Rust belt" youll be surprised

[padmaanand]

Can anybody deny that one of the main reason for acute poverty and inequality in Asia and Africa is the West’s exploitation and colonisation? For example, Britain, according to an estimate, has stolen over 40 trillion from India alone, during its colonial years! Poverty and inequality is mainly because of man’s greed and selfishness.

[mifino]

No part of the world has been unaffected by the covid-19 pandemic
North Sentinel Island: Hold my spear

[harishussein]

That was the point of this plandemic and everybody is divided which was also the goal.

[MDWavemaster]

Ive always had a little conspiracy theory that, this was the entire point of it all. Probably untrue, but it's something Ive thought about.

[emilybell]

Please add Closed Captions (real ones, not auto-generated) to make this accessible!

[jackmeehof]

Of course, duh … by definition capitalism means all that matters is profit….. not quality of life, not labor conditions, not health and welfare and safety, not the environment, water quality, air quality, land quality, not even human life….. all that matters is profit. Endless wars are fought for the sake of profits. Widening inequality is just another product of successful capitalism….. so depending on who you ask this fact might be a good thing or a bad thing.

[albertoclonado]

What did you expect would happen when people were not allowed to work

[mickeydown]

Imagine not realizing this is the point of all this.

[leosath]

These extreme measures is killing the economy.. these politicians should be held accountable !!