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Then 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_countrie

• nouveaux 5y ago
  So 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...