Poverty and Inequality in Some of the World’s Richest Countries

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The Organisation for Economic Co-operation and Development, or OEDC, has released its latest data on poverty and inequality. It’s a little wonky (we found it via Wonkblog), but if you’re not the type to spend your day clicking through 315 different charts, you can start with one: the Gini coeeficient, a commonly used measure of income inequality. The blue line represents all OEDC countries, the red represents whatever country you’ve chosen below. As you’ll see, the U.S. has one of the highest rates of inequality, topped only by Chile, Mexico and Turkey in this select group of developed market economies. These numbers are echoed in the top 10 percent vs bottom 10 percent section. Oh, and if you want to better understand the Tax & Transfers section, refer to the Wonkblog post.

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  • http://www.facebook.com/arsenault.anne Anne G. Arsenault

    The United States has become the laughing stock of the world. Our great democracy has been bought by the rich and we are no better than a third world country. How did the Republicans manage to do this without anyone being aware of their secrecy?

  • http://www.facebook.com/bahram.mobasheri.phd Bahram Mobasheri Phd

    Anne, you are right, we become laughing stock of the world, but please don’t blame just American Fascist Party (Republicans) for it, Democrats have their fair share in it. Frankly, our entire system is stink. We are living in a one party dictatorship, only with two names, obvious fascists, Republicans, and closet fascists, Democrats. I am considering Charlatan Obama’s first and second terms in office as idiot Bush/Chaney’s third and forth terms in office.

  • http://www.jimspice.com jimspice

    It’s unfortunate these charts don’t go back 40 years further. The surge in income inequality is interestingly and inversely related to the the rate of union membership. If you control for “trickle down” tax policy, the relationship becomes eerily accurate.

  • http://www.facebook.com/sean.d.ferris Sean D Ferris

    If unions were doing their job then the workers would be demanding their services. They have let the workers down. The government can’t function for the ordinary man when it is owned by the few. When we demand more we will get more,

  • http://www.facebook.com/olivia.kahlo Olivia Kahlo

    It’s called neo-liberal capitalism and it plays into the minds of adolescents and adults who believe they will get a piece of it…some may benefit, but very few. It’s really a return to a new monarchy…the wealthy elite will own the means of production (i.e., labor and technology) and the military force to prevent uprising. Unless we become unafraid to die, we will be forced into wage slavery that mimics serfdom…we’re already damn close…

  • http://www.facebook.com/olivia.kahlo Olivia Kahlo

    How would you “control” for tax breaks for the rich and make meaningful sense of wage disparity?

  • susanpub

    Time for the revolution?

  • Dr. D.A. Knox

    As a Canadian outsider, it appears to me that the USA would do well to re-examine the basic shape of its constitution. It might compare it with that of a constitutional monarchy, like that of Canada, with an unelected but powerless head of state and the power in a parliament of members each elected by roughly the same number of electors who can vote a government out of office with a vote of no confidence.
    Think carefully about (i) no more endless primaries and (ii) how many of the nagging issues of your great country would be solved by reverting to a something like a constitutional monarchy plus all the liberalizing reforms of the years since 1776 plus whatever tinkering would make it even mor palatable to Americans.
    Tory logic, yes, but then the country built by the Tories of 1784 up north has a better equality quotient now than that built by their Patriot cousins down south – if that is what you are after….

  • walt

    I wish I could argue against your comment. Can’t.

  • tibo

    We have been sublimely taught the mythical “god-given” nature of our country from kindergarten on. To change anything is construed as being blasphemous and anti-American or even non-American. The situation will have to get much worse before such subversive talk is entertained by the general public.