It's a shame we need to spend so much on such deep studies to prove what's obvious to anyone who's ever lived on the breadline.
this post was submitted on 03 Jul 2023
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social democracy ftw
Just remember, as someone else mentioned when this graph was posted on Reddit, that this is income and not wealth share. The wealth gap is much, much larger for every country pictured here, and the income difference compounds into a wealth difference abyss over time.
Yes, but people get paid income in wages, so it is still relevant. That some of them turn income into appreciating assets, or wealth, is a separate issue.
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