Daily Archives: June 5, 2013

Ethical models don’t help the bottom of the pyramid

Introduction

Nearly every country in the world has people living in what the world bank calls “absolute poverty.” According to ThinkQuest, 2.7 billion people were living on less than $2 per day and 1.1 billion people were living on less than $1 per day as of 2001.
This is regarded by many as a problem, especially considering that there are other very wealthy and industrialized countries, creating an income disparity. Even those considered to be poor in wealthy countries are living at a standard well above those in true poverty elsewhere across the globe.

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