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Indeed. The low income inequality is in many ways a contributing factor to the high wealth inequality, since it is virtually impossible to become wealthy in Swe
by dagw 2y ago
Indeed. The low income inequality is in many ways a contributing factor to the high wealth inequality, since it is virtually impossible to become wealthy in Sweden just by working hard and earning a salary.
Virtually no 'normal' jobs have a salary much above $200k. Whereas in the US that salary is quite achievable for a lot of people by just working your way up in a normal corporation. Even CEO salaries in the biggest Swedish companies rarely break $1m and if you break $2m you have among the very highest salaries in Sweden.