PugJesus@lemmy.world to Political Memes@lemmy.worldEnglish · 15 days agoA good rule of thumb at this point, honestlylemmy.worldimagemessage-square27fedilinkarrow-up1755arrow-down15
arrow-up1750arrow-down1imageA good rule of thumb at this point, honestlylemmy.worldPugJesus@lemmy.world to Political Memes@lemmy.worldEnglish · 15 days agomessage-square27fedilink
minus-squareshawn1122@lemm.eelinkfedilinkEnglisharrow-up31arrow-down1·edit-215 days agoWho woulda thought the most capitalist developed nation on earth would also have the most inequality? It’s almost like thats a features of unfettered capitalism, not a bug.
minus-squarePugJesus@lemmy.worldOPlinkfedilinkEnglisharrow-up10arrow-down5·edit-215 days ago… but we’re far from the most unequal nation on earth? Inequality is a feature of capitalism, but it’s not as simple as a linear relationship between the development of capitalism and inequality.
minus-squareshawn1122@lemm.eelinkfedilinkEnglisharrow-up10·edit-215 days agoAmong developed countries. The situation is low and middle income countries is very different and not comporable. Goverment regulation to protect the working class and promote unions is the remedy for this which the US is sorely lacking.
minus-squarePugJesus@lemmy.worldOPlinkfedilinkEnglisharrow-up5·15 days ago Goverbmenr regulation to protect the working class ans promote unions is the remedy for this which the US is sorely lacking. Definite agree here.
minus-squareklu9@lemmy.calinkfedilinkEnglisharrow-up5·15 days ago https://en.wikipedia.org/wiki/List_of_countries_by_income_inequality
minus-squareshawn1122@lemm.eelinkfedilinkEnglisharrow-up7·edit-215 days ago More recent data from Our World in Data. The only countries with a higher Gini coefficient after taxes (higher=more inequality) are Mexico, Turkey, Brazil, Costa Rica and Chile. https://ourworldindata.org/income-inequality-before-and-after-taxes
minus-squarekameecoding@lemmy.worldlinkfedilinkarrow-up3arrow-down1·14 days agoIs this adjusted for GDP per capita? Because apparently US workers are the most productive in the world so they really should be all doing well
Who woulda thought the most capitalist developed nation on earth would also have the most inequality?
It’s almost like thats a features of unfettered capitalism, not a bug.
… but we’re far from the most unequal nation on earth?
Inequality is a feature of capitalism, but it’s not as simple as a linear relationship between the development of capitalism and inequality.
Among developed countries. The situation is low and middle income countries is very different and not comporable.
Goverment regulation to protect the working class and promote unions is the remedy for this which the US is sorely lacking.
Definite agree here.
Wait 12-18 months.
https://en.wikipedia.org/wiki/List_of_countries_by_income_inequality
More recent data from Our World in Data.
The only countries with a higher Gini coefficient after taxes (higher=more inequality) are Mexico, Turkey, Brazil, Costa Rica and Chile.
https://ourworldindata.org/income-inequality-before-and-after-taxes
Is this adjusted for GDP per capita? Because apparently US workers are the most productive in the world so they really should be all doing well