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> Graphics, inequality, Politics and the economy, upward income redistribution > Comparisons of income distribution in the USA in 2007 and England in the 17th century (2 charts)
Comparisons of income distribution in the USA in 2007 and England in the 17th century (2 charts)
from Edward Fullbrook
The following two charts from http://www.the-crises.com/ compre the distribution of income in the United States in 2007 and England in the seventeenth century. 
For more information go to http://www.the-crises.com/income-inequality-in-the-us-3/
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—— look inside ——
—– look inside —–
—— look inside ——
—— Ugarteche, Puyana and Madi ——
Gerson Lima / Maria Alejandra Madi
Edward Fullbrook and Jamie Morgan
————— Michael Hudson ————–
Maria Alejandra Madi / Jack Reardon
————- Edward Fullbrook ————-
—————— Steve Keen —————–
————— Richard Smith —————
————– Gustavo Marques————
– Victor Beker and Beniamino Moro –
————– Lars Pålsson Syll ————-
—————– Stuart Birks —————-
Edward Fullbrook and Jamie Morgan
———— Armando Ochangco ———-
Shimshon Bichler / Jonathan Nitzan
————— Mauro Gallegati ————–
————— Herman Daly —————-
————— Asad Zaman —————
—————– C. T. Kurien —————
————— Robert Locke —————-
Time for the USA to declare independence. Oh they did that already! Leonard Cohen has a song about democracy coming to the USA. Hmmmm.
I don’t know without seeing how the 17th century data were compiled, but given the amount of subsistence farming that presumably it not included things were a lot more equal then.
The USA is finished. It has a long way to go before it achieves what it achieved from about 1930 to 1970. Its downhill now because its government has become corrupted by its powerful wealthy corporations and individuals. There isnt much hope, when that happens and things will get far worse before they get any better. I see a similar aristocracy of old England subjugating the Americans now. They dont realise they have already lost their freedom and keep voting for same sideshow every election and it no longer matters whether they vote republican or democrat. Its the entire system of government that has become corrupted (and bought and bribed and pressured and paid for).
I wrote two books in the past 20 years that covers the theme in your blog Alice (The Collapse of the American Management Mystique, 1996, OUP, and, with JC Spender, Confronting Managerialism, Zed Books, 2011.) The problem Americans face is like other declining nations have had before — not recognizing and facing up to the causes of their decline. The rich and powerful would rather let the country go under than give up their power and wealth. This is especially ironics because it is happening in a country that invnted management.