▲ | rsynnott 19 hours ago | |
Interestingly, while Denmark has very low wealth inequality, Norway's is only middling, and Sweden's is the highest in Europe, in the same range as the US, Brazil and Russia. The Scandinavian countries have very low _income_ inequality (post-transfers). Income equality is probably more important than wealth equality in terms of quality of life, but wealth inequality isn't nothing. (Also you have to be a bit careful with wealth inequality figures, as they can be distorted by local practices; for instance in some countries where defined benefit pensions are standard, such a pension, even though clearly valuable, may not be assessed as wealth, and in some countries it may be common to have a long-term/effectively life right to a fixed-cost rental, which again, is wealth-like, but probably not assessed as wealth.) |