Revolting Europe
On Europe, the left, labour and social movements
Gulf between rich and poor widening
The gap between rich and poor has grown even in the most traditionally egalitarian European countries, such as Germany, Denmark and Sweden, with the average income of the richest 10% compared to the poorest 10% rising from 5 to 1 in the 1980s to 6 to 1 today, according to an OECD reported published in December 2011, Divided We Stand: Why Inequality Keeps Rising” . The gap is 10 to 1 in Italy.
OECD, December 2011
|
Country
|
Pop, avg % income change
|
Poorest 10%, avg % income change
|
Richest 10%, avg % income change
|
2008 Gini score
|
Better than 1985?
|
|---|---|---|---|---|---|
|
The OECD report examined earnings in each of the OECD’s 34 member countries, basing its measurements on the Gini coefficient, where countries are ranked between a figure of zero where everyone earns the same to 1 – where the richest person has all the income. See detailed reports on Germany ; Italy ; France ; Spain |
|||||
| Australia | 3.6 | 3 | 4.5 | 0.34 | Worse |
| Belgium | 1.1 | 1.7 | 1.2 | 0.26 | Same |
| Canada | 1.1 | 0.9 | 1.6 | 0.32 | Worse |
| Czech Republic | 2.7 | 1.8 | 3 | 0.26 | Worse |
| Denmark | 1 | 0.7 | 1.5 | 0.25 | Worse |
| Finland | 1.7 | 1.2 | 2.5 | 0.26 | Worse |
| France | 1.2 | 1.6 | 1.3 | 0.29 | Better |
| Germany | 0.9 | 0.1 | 1.6 | 0.3 | Worse |
| Greece | 2.1 | 3.4 | 1.8 | 0.31 | Better |
| Hungary | 0.6 | 0.4 | 0.6 | 0.27 | Same |
| Ireland | 3.6 | 3.9 | 2.5 | 0.29 | Better |
| Israel | 1.7 | -1.1 | 2.4 | 0.37 | Worse |
| Italy | 0.8 | 0.2 | 1.1 | 0.34 | Worse |
| Japan | 0.3 | -0.5 | 0.3 | 0.33 | Worse |
| Luxembourg | 2.2 | 1.5 | 2.9 | 0.29 | Worse |
| Mexico | 1.4 | 0.8 | 1.7 | 0.48 | Worse |
| Netherlands | 1.4 | 0.5 | 1.6 | 0.29 | Worse |
| New Zealand | 1.5 | 1.1 | 2.5 | 0.33 | Worse |
| Norway | 2.3 | 1.4 | 2.7 | 0.25 | Worse |
| Spain | 3.1 | 3.9 | 2.5 | 0.32 | Better |
| Sweden | 1.8 | 0.4 | 2.4 | 0.26 | Worse |
| Turkey | 0.5 | 0.8 | 0.1 | 0.41 | Better |
| United Kingdom | 2.1 | 0.9 | 2.5 | 0.34 | Worse |
| United States | 1.3 | 0.5 | 1.9 | 0.38 | Worse |
| OECD-27 | 1.7 | 1.3 | 1.9 | 0.32 | Worse |
Discussion
One Response to “Wealth inequality”
Leave a Reply to frodot Cancel reply
Wealth Inequality in Europe
RADICAL VOICES
Italy’s Healthcare Crisis
NO TO WATER PRIVATISATION
Filthy Rich
SANTA DRAGHI’S COMING
WORKERS FIGHTING BACK
FLORENCE’S BUS LUMACA
Massive Spanish protest
FRENCH FACTORY OCCUPATION
International Workers Day 2012
DATA
Watching Corporate Europe
- Not about safer banks
- Climate bombs called HFCs
- Official complaint made re. inaccuracies in Transparency Register
Hate Crimes in Europe
- Macedonian in Greece killed for refusing to change last name
- Tensions Rise in France After Roma Camp Torched
Fight discrimination in Europe – Amnesty Int’l
- Listen to Roma Rights
- Albania Must Suspend Discriminatory Measures Against Roma
Discrimination: legal news
- Belgium - Centre for Equal Opportunities and Opposition to Racism to turn into an inter-federal Centre (PDF 78 kB)
- Romania - Appointments in the national equality body (PDF 53 kB)
- Italy - National Equality body: Extension of competence (PDF 48 kB)
to send a clear message to the 1% burn the banks and hang a few ceo’s. they’ll never have enough corrupt cops to protect them from the mobs when they arrive at their mansions
Posted by frodot | May 14, 2012, 6:53 pm