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> More wealth, more wealth disparity... almost universally. That is a stark claim with little empirical evidence. If you look at the world, you will find that
by socialdemocrat 5y ago
> More wealth, more wealth disparity... almost universally.
That is a stark claim with little empirical evidence. If you look at the world, you will find that Europe, one of the most affluent parts of the world has the lowest wealth inequality. While wealth inequality is very high in Africa, one of the poorer regions of the world.
Wealth inequality is far more likely to be the outcome of policies. Europe has been dominated more by various social democratic parties which have actively worked to reduce inequality. While areas such as North American with high levels of inequality has been dominated by parties pushing neoliberal economic policies.
- mrep 5y agoThen why do the netherlands, russia, and sweden have the first, second, and third highest wealth ginis [0]? [0]: https://en.wikipedia.org/wiki/List_of_countries_by_wealth_inequality https://en.wikipedia.org/wiki/List_of_countries_by_wealth_in...
- nouveaux 5y agoSo I only looked up Netherlands: "The issue is that the accumulated inter-generational wealth compounds itself quicker than the Dutch government can reduce the money added to it. The Netherlands’ historical wealth can be traced back centuries ago, with huge money-makers like the Dutch East Indies company. They allowed an extremely small minority of the Dutch population to accumulate astronomical amounts of wealth that are still compounding and increasing the wealth gap to this day."[0] Even with their ginormous disparity, the poor in the Netherlands are not doing so bad.[1] [0] https://uweb.berkeley.edu/2021/04/11/the-duality-of-the-dutch-economy/ https://uweb.berkeley.edu/2021/04/11/the-duality-of-the-dutc... [1] https://en.wikipedia.org/wiki/List_of_countries_by_percentage_of_population_living_in_poverty https://en.wikipedia.org/wiki/List_of_countries_by_percentag...