Source: Piketty’s World Inequality Report 2022
I shared this deep in a dunk thread earlier and figured there’s probably many comrades who haven’t seen this data. I think it’s very good rhetorically because a lot of libs have an incredibly vibes-based impression that the Soviet Union was just an Animal Farm old-boss-same-as-the-new-boss situation.
Instead, this demonstrates that Russia underwent one of the most dramatic inversions of income inequality of any country in recorded history.
For comparison here is the US over the same time period:
China:
And the UK:
It’s disappointing but not that surprising to see the level of disparity between the wealthy and the poor in modern day china, what is surprising is to see that the fucking UK is more “equal” than china
This is income inequality, wealth inequality in the UK is of course magnitudes worse.
Like i comment elsewhere a very large part of Chinese income inequality is the huge rural-urban divide. All countries have it but its an order of magnitude worse in China so there are basicaly 2 different countries within China . Having 300 million people in the biggest cities earning western levels of income and 300 million people in rural small towns and villages earning a fraction of that skews the metric a lot EVEN tho life in rural ereas is also much cheaper and without taking into account that this is a symptom of the rapid urbanization and mpsernization that will probably uplift the latter group like it did the former