The World Bank says the 

"the world has deep poverty amid plenty.

"Of the world’s 6 billion people, 2.8 billion (almost half) live on less than $2 a day and 1.2 billion (1/5 of the world) live on less than $1 a day... 

"while in rich countries fewer than 5% of all children under five are malnourished, in poor countries as many as 50% are." 

(Bruce Scott “Sovereign but Unequal”)

Derber p88