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Incomes in Sweden are more compressed so comparing quintiles is somewhat biased. I couldn’t find top 20% but top 10% in Sweden seems to be $54,000/yr while in
by zeroonetwothree 4y ago
Incomes in Sweden are more compressed so comparing quintiles is somewhat biased.
I couldn’t find top 20% but top 10% in Sweden seems to be $54,000/yr while in the US it’s $132,000
So you aren’t exactly comparing the same absolute level of success.
- blix 4y agoA society composed of 99% peasants, who all earn and own about the same amount, and 1% nobles (who dont 'earn wages' and own many times more than all peasants combined) would look very good through many social mobility metrics.