Home > Uncategorized > U-shape vs. L-shape income redistribution trends – 10 countries

U-shape vs. L-shape income redistribution trends – 10 countries

  1. Patrick Newman
    May 20, 2019 at 12:36 pm

    English speaking protestant colonialism strikes again!

  2. John Doyle
    May 20, 2019 at 1:16 pm

    In the Anglo countries chart, it’s gratifying that Australia has the lowest % going to the 1%.
    Australia was an early adopter of regulations improving the welfare of the working class, like the 8 hr day when elsewhere it was 12hours, etc which may have seen it better behaved.

    What’s the explanation for the ‘L’ shape in Europe?

    • May 20, 2019 at 4:58 pm

      I don’t know but I assume the explanation of it bottoming out circa 1980 is Reaganomics.

  3. Old Nick
    May 22, 2019 at 10:41 am

    What’s the explanation for the ‘L’ shape in Europe?

    I’d say the Rhineland approach of income policy on the continent prevents high income differences. In Japan a factor 6 between workfloor and CEO income has for a long time been the norm. Graphs of WEALTH distirbution would probably show less difference between English speaking countries and the rest of the firtst world.

  4. Ken Zimmerman
    May 27, 2019 at 1:50 pm

    The United States is the worst nation in the world for controlling its rich. That’s a dangerous situation for the protector of world democracy. And it gives China an open road to rule the world. On top of all this, Donald Trump has made the situation worse. How’s that for looking down the barrels of the proverbial double-barreled shotgun?

  5. John Hermann
    May 31, 2019 at 1:52 am

    I agree with you Ken, except that the U.S. is not the protector of world democracy. Quite the opposite, actually.

    • Ken Zimmerman
      May 31, 2019 at 3:50 am

      John, my satire falls flat, again. My apology.

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