BrilliantantTurd4361@sh.itjust.works to Canada@lemmy.caEnglish · 20 days agoCanada’s Richest 1% Nearly As Wealthy As Poorest 80%www.readthemaple.comexternal-linkmessage-square32linkfedilinkarrow-up112arrow-down10file-textcross-posted to: [email protected]
arrow-up112arrow-down1external-linkCanada’s Richest 1% Nearly As Wealthy As Poorest 80%www.readthemaple.comBrilliantantTurd4361@sh.itjust.works to Canada@lemmy.caEnglish · 20 days agomessage-square32linkfedilinkfile-textcross-posted to: [email protected]
minus-squareScotty@scribe.disroot.orglinkfedilinkarrow-up0·19 days agoAccording to the World Inequality Index, between 1999 and 2024, the top-1% in Canada grew their wealth from 26% to 29%. In the same period in other countries, the top-1% changed their wealth: in Australia and New Zealand, more or less unchanged at around 23% in Europe, more or less unchanged around 25% in the USA, grew from 31% to 35% in China, grew from 19% to 30% in Russia, grew from 40% to 49% in Latin America, unchanged at around 36% Oceania, grew from 24% to 27% Sub-Saharan Africa, shrank from 38% to 34% Worldwide, the top-1% share was stable at around 37%. In the same period 1999-2024, the wealth of the bottom-50% in Canada slightly shrank from 15% to 14%. In other countries: in Australia and New Zealand, more or less unchanged at around 5% in Europe, more or less unchanged around 3% in the USA, grew from 0.6% to 1% in China, shrank from 14% to 6% in Russia, shrank from almost 7% to less than 3% in Latin America, unchanged at 2% Oceania, decreased from 3% to 2% Sub-Saharan Africa, slightly increased from below 2% to 2.1% Worldwide, the bottom-50% grew their share of the total wealth slightly from 7% to 8%. Source for the top 1%, here for the bottom 50%. You can play around in the linked diagrams for other countries and regions.
minus-squareCanadaPlus@lemmy.sdf.orglinkfedilinkarrow-up1·19 days agoGeez China. So much for lifting a billion out of poverty. I mean, conditions have gotten better, but clearly there’s gaps.
minus-squareSmaile@lemmy.calinkfedilinkarrow-up1·19 days agoyah china lie about its numbers a lot, im beginning to wonder about its population count as well
minus-squareScotty@scribe.disroot.orglinkfedilinkarrow-up1·19 days agoThere is ample evidence that inequality is on the rise in China.
According to the World Inequality Index, between 1999 and 2024, the top-1% in Canada grew their wealth from 26% to 29%.
In the same period in other countries, the top-1% changed their wealth:
Worldwide, the top-1% share was stable at around 37%.
In the same period 1999-2024, the wealth of the bottom-50% in Canada slightly shrank from 15% to 14%. In other countries:
Worldwide, the bottom-50% grew their share of the total wealth slightly from 7% to 8%.
Source for the top 1%, here for the bottom 50%.
You can play around in the linked diagrams for other countries and regions.
Geez China. So much for lifting a billion out of poverty.
I mean, conditions have gotten better, but clearly there’s gaps.
yah china lie about its numbers a lot, im beginning to wonder about its population count as well
There is ample evidence that inequality is on the rise in China.