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by onlyrealcuzzo 2137 days ago
Europe is not the egalitarian utopia most Americans seem to think it is. Germany's wealth gini coefficient is 79.1. The US is 85.9 (100% is complete inequality, higher is worse).

Sweden and Norway are both in the 80s also -- two countries people in the US constantly point to as places where things are "fair". But in terms of wealth (and income) inequality, it's not that much different.

https://www.gfmag.com/global-data/economic-data/wealth-distr...

1 comments

Well in defense of the European countries, the wealth might be unequally distributed here as well, but you also don't need wealth/money for education, health care, child care and/or pension.
If you don't need money you need luck, especially for education. There are limited seats. And in Germany, you are on track for university or not when you are very young.