BrilliantantTurd4361@sh.itjust.works to Canada@lemmy.caEnglish · 3 days agoCanada’s Richest 1% Nearly As Wealthy As Poorest 80%www.readthemaple.comexternal-linkmessage-square91fedilinkarrow-up1393file-text
arrow-up1393external-linkCanada’s Richest 1% Nearly As Wealthy As Poorest 80%www.readthemaple.comBrilliantantTurd4361@sh.itjust.works to Canada@lemmy.caEnglish · 3 days agomessage-square91fedilinkfile-text
minus-squareScotty@scribe.disroot.orglinkfedilinkarrow-up7·2 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-up5·edit-22 days agoGeez China. So much for lifting a billion out of poverty. I mean, conditions have gotten better, but clearly there’s gaps.
minus-squareScotty@scribe.disroot.orglinkfedilinkarrow-up4·2 days agoThere is ample evidence that inequality is on the rise in China.
minus-squareCanadaPlus@lemmy.sdf.orglinkfedilinkarrow-up3·2 days agoYes, and you just posted it. Did you think I was arguing?
minus-squareInternetCitizen2@lemmy.worldlinkfedilinkarrow-up3·2 days agoLot of SIMPs for China around Lemmy even for a reasonable critique. Can be hard to tell sometimes
minus-squareScotty@scribe.disroot.orglinkfedilinkarrow-up3·2 days agoNo, all fine. Sorry if my comment was misleading.
minus-squareDoomsider@lemmy.worldlinkfedilinkarrow-up1·2 days agoThey already did that, now capitalism evolves into its final form as fascism like it always does.
minus-squareSmaile@lemmy.calinkfedilinkarrow-up2·2 days agoyah china lie about its numbers a lot, im beginning to wonder about its population count as well
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.
There is ample evidence that inequality is on the rise in China.
Yes, and you just posted it. Did you think I was arguing?
Lot of SIMPs for China around Lemmy even for a reasonable critique. Can be hard to tell sometimes
Yeah, that’s definitely fair.
No, all fine. Sorry if my comment was misleading.
They already did that, now capitalism evolves into its final form as fascism like it always does.
yah china lie about its numbers a lot, im beginning to wonder about its population count as well