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Do you have a source for this? Thomas Piketty's Capital in the 21st century goes into wealth inequality in great depth, and would suggest that intra-country wea

Do you have a source for this? Thomas Piketty's Capital in the 21st century goes into wealth inequality in great depth, and would suggest that intra-country wealth inequality is dramatically increasing in the west, but he doesn't have sources on inter-country wealth distributions. I would be interested to know more.

endisneigh 3y ago
check out your world in data. For better or worse the income equality thing is outweighed by the gains in China and India but most of the world seems to be improving on that front. There are still countries getting worse though sadly
- ColoursofOSINT 3y ago
  > check out your world in data. For better or worse the income equality thing is outweighed by the gains in China and India but most of the world seems to be improving on that front. >There are still countries getting worse though sadly Do you mean https://ourworldindata.org/ https://ourworldindata.org/? It would be far more constructive to give an actual link to proof than some massive site. No offense, but that's like me saying, "You want proof that climate change is real? Check the internet," that's not proof, just some nebulous hand-waving. No one would or should believe that. Their source data for the slight decline [1] in global inequality (which is only hypothetical) is the Worldbank [2], a source that has been heavily criticized for data-rigging [3-5]. The Worldbank also tries to present itself as helping to reduce inequality [6], so they have a bias for showing results. I am not saying you are wrong or right, but let us keep the conversation quality on this website strong. [1]: https://ourworldindata.org/grapher/global-and-between-country-income-inequality?facet=metric https://ourworldindata.org/grapher/global-and-between-countr... [2]: https://documents1.worldbank.org/curated/en/959251468176687085/pdf/wps6259.pdf https://documents1.worldbank.org/curated/en/9592514681766870... [3]: https://www.reuters.com/business/world-bank-imf-face-long-term-damage-after-data-rigging-scandal-2021-10-04/ https://www.reuters.com/business/world-bank-imf-face-long-te... [4]: https://www.bloomberg.com/opinion/articles/2021-10-15/the-georgieva-scandal-and-its-lessons-for-the-imf-and-world-bank#xj4y7vzkg https://www.bloomberg.com/opinion/articles/2021-10-15/the-ge... [5]: https://www.washingtonpost.com/politics/2021/09/20/theres-deeper-story-behind-world-banks-ratings-scandal/ https://www.washingtonpost.com/politics/2021/09/20/theres-de... [6]: https://www.washingtonpost.com/politics/2021/09/20/theres-deeper-story-behind-world-banks-ratings-scandal/ https://www.washingtonpost.com/politics/2021/09/20/theres-de...
  - endisneigh 3y ago
    You are right, apologies. This was the article I was referring to: https://ourworldindata.org/how-has-income-inequality-within-countries-evolved-over-the-past-century https://ourworldindata.org/how-has-income-inequality-within-...
    - ColoursofOSINT 3y ago
      The argument you appear to being attempting to support is: > Global inequality is actually decreasing (potentially at the expense of Americans). The link you have [1] states that "While the steep rise of inequality in the United States is well-known, long-run data on the incomes of the richest shows countries have followed a variety of trajectories." Also, "high and rising inequality is not an inevitability; it’s something that individual countries can influence". This does not say anything about a global trend. This support nothing except that counties can influence inequality levels. [1]: https://ourworldindata.org/how-has-income-inequality-within-countries-evolved-over-the-past-century https://ourworldindata.org/how-has-income-inequality-within-...
Aunche 3y ago
https://wir2022.wid.world/chapter-2/ https://wir2022.wid.world/chapter-2/ In figure 2.3, it shows that global inequality hasn't been lower since the 1870s, back when virtually all but the rich would be living in poverty by the standards of today.
- ColoursofOSINT 3y ago
  Any data before 1900 is an estimation [1]. > but the rich would be living in poverty by the standards of today Such a comparison is completely useless. A person today in the US in poverty is better off than a caveman. What of it? [1]: https://www.sciencedirect.com/science/article/abs/pii/S0014498311000155 https://www.sciencedirect.com/science/article/abs/pii/S00144...
  - Aunche 3y ago
    Ok. So global inequality is lower than it's ever been since it could reliably be recorded.
    - ColoursofOSINT 3y ago
      Not necessary. You could make an argument for 2019, but COVID-19 significantly increased global inequality; in wealth and health [1-3]. [1]: https://news.un.org/en/story/2020/01/1055681 https://news.un.org/en/story/2020/01/1055681 [2]: https://www.economist.com/finance-and-economics/2022/08/02/global-inequality-is-rising-again https://www.economist.com/finance-and-economics/2022/08/02/g... [3]: https://inequality.org/facts/global-inequality/ https://inequality.org/facts/global-inequality/

endisneigh 3y ago

check out your world in data. For better or worse the income equality thing is outweighed by the gains in China and India but most of the world seems to be improving on that front. There are still countries getting worse though sadly

ColoursofOSINT 3y ago
> check out your world in data. For better or worse the income equality thing is outweighed by the gains in China and India but most of the world seems to be improving on that front. >There are still countries getting worse though sadly Do you mean https://ourworldindata.org/ https://ourworldindata.org/? It would be far more constructive to give an actual link to proof than some massive site. No offense, but that's like me saying, "You want proof that climate change is real? Check the internet," that's not proof, just some nebulous hand-waving. No one would or should believe that. Their source data for the slight decline [1] in global inequality (which is only hypothetical) is the Worldbank [2], a source that has been heavily criticized for data-rigging [3-5]. The Worldbank also tries to present itself as helping to reduce inequality [6], so they have a bias for showing results. I am not saying you are wrong or right, but let us keep the conversation quality on this website strong. [1]: https://ourworldindata.org/grapher/global-and-between-country-income-inequality?facet=metric https://ourworldindata.org/grapher/global-and-between-countr... [2]: https://documents1.worldbank.org/curated/en/959251468176687085/pdf/wps6259.pdf https://documents1.worldbank.org/curated/en/9592514681766870... [3]: https://www.reuters.com/business/world-bank-imf-face-long-term-damage-after-data-rigging-scandal-2021-10-04/ https://www.reuters.com/business/world-bank-imf-face-long-te... [4]: https://www.bloomberg.com/opinion/articles/2021-10-15/the-georgieva-scandal-and-its-lessons-for-the-imf-and-world-bank#xj4y7vzkg https://www.bloomberg.com/opinion/articles/2021-10-15/the-ge... [5]: https://www.washingtonpost.com/politics/2021/09/20/theres-deeper-story-behind-world-banks-ratings-scandal/ https://www.washingtonpost.com/politics/2021/09/20/theres-de... [6]: https://www.washingtonpost.com/politics/2021/09/20/theres-deeper-story-behind-world-banks-ratings-scandal/ https://www.washingtonpost.com/politics/2021/09/20/theres-de...
- endisneigh 3y ago
  You are right, apologies. This was the article I was referring to: https://ourworldindata.org/how-has-income-inequality-within-countries-evolved-over-the-past-century https://ourworldindata.org/how-has-income-inequality-within-...
  - ColoursofOSINT 3y ago
    The argument you appear to being attempting to support is: > Global inequality is actually decreasing (potentially at the expense of Americans). The link you have [1] states that "While the steep rise of inequality in the United States is well-known, long-run data on the incomes of the richest shows countries have followed a variety of trajectories." Also, "high and rising inequality is not an inevitability; it’s something that individual countries can influence". This does not say anything about a global trend. This support nothing except that counties can influence inequality levels. [1]: https://ourworldindata.org/how-has-income-inequality-within-countries-evolved-over-the-past-century https://ourworldindata.org/how-has-income-inequality-within-...

Aunche 3y ago

https://wir2022.wid.world/chapter-2/ https://wir2022.wid.world/chapter-2/ In figure 2.3, it shows that global inequality hasn't been lower since the 1870s, back when virtually all but the rich would be living in poverty by the standards of today.

ColoursofOSINT 3y ago
Any data before 1900 is an estimation [1]. > but the rich would be living in poverty by the standards of today Such a comparison is completely useless. A person today in the US in poverty is better off than a caveman. What of it? [1]: https://www.sciencedirect.com/science/article/abs/pii/S0014498311000155 https://www.sciencedirect.com/science/article/abs/pii/S00144...
- Aunche 3y ago
  Ok. So global inequality is lower than it's ever been since it could reliably be recorded.
  - ColoursofOSINT 3y ago
    Not necessary. You could make an argument for 2019, but COVID-19 significantly increased global inequality; in wealth and health [1-3]. [1]: https://news.un.org/en/story/2020/01/1055681 https://news.un.org/en/story/2020/01/1055681 [2]: https://www.economist.com/finance-and-economics/2022/08/02/global-inequality-is-rising-again https://www.economist.com/finance-and-economics/2022/08/02/g... [3]: https://inequality.org/facts/global-inequality/ https://inequality.org/facts/global-inequality/