4 ms·

Wow this is fascinating, GINI for wealth inequality is definitely not talked about enough

• boxed 5y ago
  It's a lie though. https://en.wikipedia.org/wiki/List_of_countries_by_income_equality https://en.wikipedia.org/wiki/List_of_countries_by_income_eq...
  • quickthrowman 5y ago
    Income and wealth are two different things.
    • dagw 5y ago
      In some ways the low income inequality is driving the high wealth inequality. The income 'equality' means that the top end wages are quite low by global standards, meaning it is basically impossible to build wealth by just working hard and getting a salary. In the US it is absolutely possible to become a millionaire simply by working your way up the ladder at a large corporation. In Sweden that is basically impossible since there are hardly any jobs offering those sort of salaries.
• tryptophan 5y ago
  Yeah I was pretty surprised as well. Made me re-consider how much of a bubble of ideology I am in. How could I NOT hear about such a statistic for so long?! Especially with all these other inequality statistics being thrown around.
  • dagw 5y ago
    Another 'fun' fact about Sweden is that has some of the highest levels of unsecured debt pr capita in Europe.