Its nice to see stuff like this coming to the forefront of public knowledge. We like to think that things are fine, but even in the land of "freedom" and "equality", they really aren't. This, coupled with the NSA spying scandals, means that this next year is going to be strange.EDIT:
My avatar is all "Wat is going on o_O"
My avatar is all "Wat is going on o_O"
Just because S.Africa has worse inequality doesn't mean inequality in the US isn't a pertinent issue. Also this is just a snapshot, what's important is the trend: inequality continues to grow in the US (and I assume the rest of the world).
@Poly I'm just less surprised by South Africa's inequality, that's all, since my presumption that South Africa's wealth inequality is the worst in the world turned out to be correct (although it would be interesting to see North Korea's score). America isn't flowers and rainbows either.
N. Korea's average citizen has zilch - even with its economy is only $40 billion, the wealth inequality must be staggering owing to how even a relatively modest (as compared to US/EU) income - say $30,000 - puts you in the upper crust. For comparison, S. Korea has about the same area and resources, resulting in a per capita GDP of $32,000 vs N. Korea's $1,800, with an economy of $1.15 trillion - nearly 29x that of N. Korea.
Just noticed that the title has a typo. *weird
You're welcome to look for a counter-example
Anyway why wouldn't it be worst, intuitively. You're an African nation (Africa has the worst income distribution generally). But South Africa has more (predominantly European) middle-classes and super rich people than other African nations, even though the middle-class is poorer than in the US or much of Europe. There is a clear divide between them and the poor, self-reinforced by issues concerning race and culture, although it is probably constantly evolving.Yeah. Weird is weird.
I make that same mistake all the time. Thank god for autocorrect. lol.Wierd is slightly weirder though. But not as weird as wierder. Wierdest is weirdest.