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Perhaps this article is not truly complete without a graph representing the general trend of economic inequality since the early 1980's...
by hliyan 8y ago
Perhaps this article is not truly complete without a graph representing the general trend of economic inequality since the early 1980's...
- nabla9 8y agoGoogle "elephant curve". Only those with income in top 75-99 percentiles have not followed the richest 1 percent. West bitches about income inequality because our working class and middle class have low productivity growth. In the rest of the world incomes have kept up.
- mistermann 8y ago> low productivity growth Low productivity growth, or low wage growth (and possibly, especially when compared to productivity growth)? Do you believe those bitching have a legitimate grievance?
- deleted 8y ago[deleted]
- kauffj 8y agoThat's a great point! Global income inequality has been dropping steadily: https://ourworldindata.org/global-economic-inequality https://ourworldindata.org/global-economic-inequality
- lucideer 8y agoLooks from that source like things have improved enormously in Asia, improved slightly in Africa, and after a century of improvements, have started to reverse in the West.