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by RyanZAG
2935 days ago
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What does it indicate? You can go to a place like Mauritius where the delta is enormous, but everyone is pretty happy and the rich and poor mingle freely. Or you can have a place like France where the delta is far smaller, but the rich and poor detest each other and very rarely mingle. |
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The top 1% in France has about 20% of the total income as of 2014.
For Mauritas no suitable data was found for wealth inequality or dispersion of earnings.
The lack of good data for Mauritas makes a comparison between the two questionable.
Plus even after looking at the numbers for these countries I would want to check out money laundering - if I recall, based on the Panama papers, a nontrivial amount of the 1% (probably more like the 0.1%s) wealth is laundered/hidden/dark. I don’t know if the studies here attempt to account for that or not. I would imagine money laundering is prevalent in France (or any major economy for that matter), possibly in Mauritas
https://www.chartbookofeconomicinequality.com/inequality-by-...
https://www.chartbookofeconomicinequality.com/inequality-by-...
Information on data sources here - https://www.chartbookofeconomicinequality.com/about/
As of 2018 the population of Mauritas is 1.26 million (via google search). The 2018 population of France is 65.23 million (via google search). The 2014 population probably was not radically different.
I wonder if the size of the society in question matters here - is comparing a country to one 65 times larger than it useful?
I did not look for data to validate the hypothesis that everyone is pretty happy in Mauritas as opposed to France.