There are currently 7 billion people living on our planet. Some 80 percent, or 4.7 billion, of those people live on a meager $10 a day. The poorest 40 percent of the world’s population holds just 5 percent of global income, while the richest 20 percent holds 75 percent. The stark divide between the rich and the poor was addressed in a series of conferences and summits held by the United Nations that culminated in the United Nations Millennium Declaration in September 2000. From this summit the Millennium Development Goals (MDGs) were born.
The MDGs consist of eight broad goals that range from eradication of extreme poverty and achieving universal education to ensuring environmental stability and fighting diseases like malaria and HIV/AIDS. The goals, agreed to by all the world leaders that attended the summit, are laudable—after all, eradicating poverty is one of our most pressing global issues—however, they are not free from criticism.