If you wanted to bring everybody in the world to the level of the Western median income, total world income would need to be multiplied by 2.5. And you would need to reduce incomes of all those who currently make more than the Western median (~10% of global population).
Obviously, one-half of Western population would have to have their incomes cut; those with the Western mean income by some 15%. 
If you were to do the same calculation in current exchange rates, the numbers are even bleaker.
The take home message is:
the idea that somehow we can all live at the Western median income and the entire GDP of the world need not increase much is...well, a pure fantasy.
The take home message is:
the idea that somehow we can all live at the Western median income and the entire GDP of the world need not increase much is...well, a pure fantasy.
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