“Capitalism is an inherent source of inequality”, says Thomas Piketty. The reality is that our lives are shaped by a globalized capitalist system that perpetuates inequality on a global scale, configured by central countries – the developed and industrialized nations – that consume and exploit the resources of others, dependent on natural resources, that exist on their periphery (the so-called “developing” nations), thus giving rise to the economic, trade and geopolitical relationships that we see today.
As can be seen in the image below, the concentration of wealth is the clearest indicator of inequality. The current economic system undermines human rights, dismantles public services, prevents peripheral countries from developing, destroys the environment, and inevitably prioritizes capital over people.
The impact of this inequality is palpable in our city, both in global and local terms. In Barcelona, those in the richest neighbourhoods live up to 11 years longer than those in the poorest, according to a study by Intermón Oxfam.