[9 charts from the World Bank](https://www.worldbank.org/en/news/feature/2023/12/18/2023-in-nine-charts-a-growing-inequality). Kind of funny since it works so hard to impose neoliberalism everywhere. One might also realize that China, by itself lifted 800M out of “extreme poverty” ($2.15/day), but the World Bank still reports that there are 800M “living in poverty” (the chart shows $2.15/day but also other values)
[This is income shown to scale.](https://lcurve.org) It also has a link to a wealth page if you look for it. This data is from 2014 but still mind-boggling.
The question perhaps shouldn’t be how much goes to the top 1% but to the top 10%. The 2022 report shows the number to be 76% leaving only 2% for the bottom 50% of the world’s population.
Curious how this is calculated. Is it income or wealth?
But i thought Sweden had really high inequality because they have a lot of billionaires for a small
Country. Like Spotify Ikea on and on
You need enough inequality to create the incentive for people to be productive while also being equal enough that inequality doesn’t create instability or special treatment/maltreatment.
3 comments
Well, should we believe the “world inequality database”? I guess with Thomas Picketty being one of the founders, perhaps so.
[This is the 2022 report which seems to be the latest.](https://wid.world/news-article/world-inequality-report-2022/)
[9 charts from the World Bank](https://www.worldbank.org/en/news/feature/2023/12/18/2023-in-nine-charts-a-growing-inequality). Kind of funny since it works so hard to impose neoliberalism everywhere. One might also realize that China, by itself lifted 800M out of “extreme poverty” ($2.15/day), but the World Bank still reports that there are 800M “living in poverty” (the chart shows $2.15/day but also other values)
[This is wealth shown to scale.](https://mkorostoff.github.io/1-pixel-wealth/) I don’t know anyone who has reached the end of it. It is footnoted for anyone who wants to look.
[This is income shown to scale.](https://lcurve.org) It also has a link to a wealth page if you look for it. This data is from 2014 but still mind-boggling.
The question perhaps shouldn’t be how much goes to the top 1% but to the top 10%. The 2022 report shows the number to be 76% leaving only 2% for the bottom 50% of the world’s population.
Curious how this is calculated. Is it income or wealth?
But i thought Sweden had really high inequality because they have a lot of billionaires for a small
Country. Like Spotify Ikea on and on
You need enough inequality to create the incentive for people to be productive while also being equal enough that inequality doesn’t create instability or special treatment/maltreatment.