Index of Financial Inequality
How about the graph below, taken from the book The Spirit Level? Just ponder it for a while. The index of financial inequality results in a host of social and health problems. Piketty’s work “Capitalism in the 21st Century” only confirms this and tells how this has come about (unequal accumulation of capital) and points towards a solution (raise taxes on capital accumulation).
The Rebellious Seeker
p.s. This graph is a survey of industrialized countries. Guess which one has the highest level of inequality? Guess what will happen with billionaires, military types and climate deniers in charge?
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| Index of Financial Inequality |
