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by statstutor 1923 days ago
https://en.wikipedia.org/wiki/List_of_countries_by_wealth_eq...

World Gini coefficient for wealth has increased from 0.804 to 0.904 between 2008 and 2018, where 1 means that a single person holds all the wealth.

1 comments

Wealth inequality is immaterial; what matters is (lifetime) consumption inequality. Income inequality is an imperfect substitute measure.
Labour accounts for about half of world income, from memory, with capital accounting for the other half of world income. If wealth centralises, then so does income.

Besides, you replied to try and refute a comment which was quite unambiguously about wealth inequality. It's possible to occasionally admit you were wrong, rather than doubling down when you are.