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Yeah, actually. We aren't all millionaires but we are doing a hell of a lot better than most of the world per capita.
by azekai 6y ago
Yeah, actually. We aren't all millionaires but we are doing a hell of a lot better than most of the world per capita.
- user-the-name 6y agohttps://data.oecd.org/inequality/income-inequality.htm https://data.oecd.org/inequality/income-inequality.htm
- totalZero 6y agoI don't see Iran on that list. Seems like mainly developed countries. Also, the US has a large amount of geographic cost-of-living disparity, and I am having trouble identifying whether these numbers are controlled for that.
- user-the-name 6y agoOther countries have that too, you know. Fact is, United States is pretty shit when it comes to income inequality.
- alentist 6y agoIncome inequality isn’t the problem. Poverty is. [0] I’m not automatically worse off because someone else is better off. That’s fallacious nonsense (the zero-sum fallacy). And it definitely does not meaningfully translate across countries, if what you’re interested in is human welfare. [0] https://www.hoover.org/research/income-inequality-isnt-problem https://www.hoover.org/research/income-inequality-isnt-probl...
- alentist 6y agohttps://news.ycombinator.com/item?id=24206257 https://news.ycombinator.com/item?id=24206257
- aaomidi 6y agoYeah...because income inequality goes by %s. When America's 0.01% has so muuuuuch wealth, the lower class is still going to be FAR different from the upper class, but still have higher net wealth than other countries. https://en.wikipedia.org/wiki/Gini_coefficient#/media/File:GINI_index_World_Bank_up_to_2018.png https://en.wikipedia.org/wiki/Gini_coefficient#/media/File:G...