Re:Europe is now a corporate also-ran. Can it recover its fo...
by sokoloff on Saturday June 12, 2021 @07:53AM
(#27483836)
It doesn’t look to me like Germany has significantly better score than the US. (0.818 Germany vs 0.852 US. 0.867 Sweden and 0.906 for Netherlands [with 0.736 the very year prior, making me suspicious of the stability of those data points as I can’t comprehend that wealth distribution across a country that large could change that much in a single year].)
* - https://en.m.wikipedia.org/wiki/List_of_countries_by_wealth_...
Re:Europe is now a corporate also-ran. Can it recover its fo...
by withinboredom on Saturday June 12, 2021 @09:09AM
(#27484229)
The Netherlands is quite small (about the size of LA + suburbs). I didn’t look at the data, but there was a major shift in 0-hour contracts in the last year due to COVID-19 which would probably impact those calculations[citation needed].
Re:Europe is now a corporate also-ran. Can it recover its fo...
by sokoloff on Saturday June 12, 2021 @09:15AM
(#27484279)
The figures in the table are 2018 to 2019, so predate CV-19. Even with that, those would seem like that could shift income inequality measures but not wealth inequality measures by such a wide range.
I had a quick look at Wikipedia's wealth Gini figures and this isn't the case. Places like the Netherlands and Sweden score atrociously, but the three big European economies (France, Germany, and the UK) all have less wealth inequality than the US (significantly so for the first two), as do a whole host of other European countries.