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A comment on America’s 50 Largest Inherited-Wealth Dynasties Accelerate Inequality. Parent comment

Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by pbadg3r on Sunday June 27, 2021 @10:57AM (#27652073)
Wow this is fascinating, GINI for wealth inequality is definitely not talked about enough
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Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by tryptophan on Sunday June 27, 2021 @06:08PM (#27655941)
Yeah I was pretty surprised as well. Made me re-consider how much of a bubble of ideology I am in.

How could I NOT hear about such a statistic for so long?! Especially with all these other inequality statistics being thrown around.

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Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by dagw on Monday June 28, 2021 @06:42AM (#27660119)
Another 'fun' fact about Sweden is that has some of the highest levels of unsecured debt pr capita in Europe.
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Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by boxed on Sunday June 27, 2021 @02:09PM (#27653762)
It's a lie though. https://en.wikipedia.org/wiki/List_of_countries_by_income_eq...
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Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by quickthrowman on Sunday June 27, 2021 @08:36PM (#27656863)
Income and wealth are two different things.
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Re:America’s 50 Largest Inherited-Wealth Dynasties Accelerat... by dagw on Monday June 28, 2021 @05:26AM (#27659659)
In some ways the low income inequality is driving the high wealth inequality. The income 'equality' means that the top end wages are quite low by global standards, meaning it is basically impossible to build wealth by just working hard and getting a salary.

In the US it is absolutely possible to become a millionaire simply by working your way up the ladder at a large corporation. In Sweden that is basically impossible since there are hardly any jobs offering those sort of salaries.

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