Would earning the average worldwide wage leave us below the poverty line?
Average gross national income per capita in the world today is about $7,000. The problem is, the cost of living, especially housing, is very different between countries (and even within countries), so $7,000 in one place may buy you a completely different lifestyle from that you can afford on $7,000 elsewhere. Another problem is that definition of poverty is different from place to place, so in some places, this income would put you below poverty line, while in others, into top 10% of the wealth pyramid… As to whether the Earth’s resources can indefinitely support the current and future levels of population, opinions differ. There are reasons to believe that population growth worldwide will stop about 2100 at between 12 and 14 billion. Feeding this population shouldn’t be a problem; modern agriculture is more than capable of producing the requisite amounts of food. Considerable uncertainty exists as to whether there will be sufficient energy to afford this popoulation access to inexp