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Well, not every western country has horrible income equality. In the US, median disposable income has been pretty flat the past few decades. In Sweden, the med
by henrikschroder 7y ago
Well, not every western country has horrible income equality. In the US, median disposable income has been pretty flat the past few decades.
In Sweden, the median household disposable income doubled in the last 20 years.
- Slothrop479 7y agoNot coincidentally, in terms of rich western countries the English speaking countries have the strongest historical ties to neoliberalism movement of the 80s, e.g. Reagan + Thatcher. See the graph of income inequality in English speaking countries vs non in the OECD since 1910. https://ourworldindata.org/uploads/2018/07/Top-Incomes.png https://ourworldindata.org/uploads/2018/07/Top-Incomes.png