@PugJesus@lemmy.world to Political Memes@lemmy.worldEnglish • 1 month agoA good rule of thumb at this point, honestlylemmy.worldimagemessage-square21fedilinkarrow-up1747arrow-down10
arrow-up1747arrow-down1imageA good rule of thumb at this point, honestlylemmy.world@PugJesus@lemmy.world to Political Memes@lemmy.worldEnglish • 1 month agomessage-square21fedilink
minus-square@shawn1122@lemm.eelinkfedilinkEnglish31•edit-21 month 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-square@PugJesus@lemmy.worldOPlinkfedilinkEnglish10•edit-21 month 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-square@shawn1122@lemm.eelinkfedilinkEnglish10•edit-21 month 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-square@PugJesus@lemmy.worldOPlinkfedilinkEnglish5•1 month 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-square@klu9@lemmy.calinkfedilinkEnglish6•1 month ago https://en.wikipedia.org/wiki/List_of_countries_by_income_inequality
minus-square@shawn1122@lemm.eelinkfedilinkEnglish8•edit-21 month 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-square@kameecoding@lemmy.worldlinkfedilink3•1 month 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