Saigon
Gold Member
]The Gini Index measures how wealth is collected and held.
There is no right or wrong formula to it, but I dare say most of us do want to live in a society with no incentives or rewards, but neither do many of us want to feel that we can not work our way up in the world.
Most developed capitalist societies are spread in a loose bunch from the Scandinavian nations at one end, towards Portugal and Japan at the other.
The US, however, is now miles off by itself, with countries like Iran and Jamaica for company.
What this shows is that the US is a society in which a massive proportion of wealth is held by the super rich. It may be an exaggeration to say that in resembles a feudal society with lords and ladies lazing around playing polo while the workers go off to fight wars, but it isn't far off.
In my opinion, this should be regarded as a national disgrace and embarassment. It in no way resembles the ideals upon which America is founded, IMO.
List of countries by income equality - Wikipedia, the free encyclopedia
There is no right or wrong formula to it, but I dare say most of us do want to live in a society with no incentives or rewards, but neither do many of us want to feel that we can not work our way up in the world.
Most developed capitalist societies are spread in a loose bunch from the Scandinavian nations at one end, towards Portugal and Japan at the other.
The US, however, is now miles off by itself, with countries like Iran and Jamaica for company.
What this shows is that the US is a society in which a massive proportion of wealth is held by the super rich. It may be an exaggeration to say that in resembles a feudal society with lords and ladies lazing around playing polo while the workers go off to fight wars, but it isn't far off.
In my opinion, this should be regarded as a national disgrace and embarassment. It in no way resembles the ideals upon which America is founded, IMO.
List of countries by income equality - Wikipedia, the free encyclopedia
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