Rich-poor divide accelerating, says OECD
Source: BBC
The gap between rich and poor widened more in the three years to 2010 than in the previous 12 years, the OECD group of industrialised nations has said.
It says the richest 10% of society in the 33 OECD countries received 9.5 times that of the poorest in terms of income, up from nine times in 2007.
Those with the biggest gaps included the US, Turkey, Mexico and Chile.
The OECD says that if governments do not stop cutting back on welfare support this gap will grow wider.
Read more: http://www.bbc.co.uk/news/business-22545210
Link to OECD page, with an easy way to compare a country's stats with the OECD average: http://www.oecd.org/social/income-distribution-database.htm
Moostache
(9,897 posts)I wish that our peer group was the Scandinavian countries and Iceland instead of what it actually is now...
JDPriestly
(57,936 posts)bvar22
(39,909 posts)ALL according to plan.
"They" have developed the Jobless Recovery and the Free Trade Invisible Hand Religion into a powerful bi-partisan SCAM,
complete with smooth talking Front Men, the illusion of a choice,
and diversionary Side Shows for misdirection.
The MOST IMPORTANT Political Issue of the last 25 years:
[font size=4]"Rich-poor divide accelerating"[/font]
This doesn't happen by accident.
Everything else is secondary.
DURec!
You will know them by their WORKS,
not by their promises or excuses.
[font size=5 color=green]Solidarity99![/font][font size=2 color=green]
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liberal N proud
(60,347 posts)Once they have it all, will they be happy? NO!
They will start consuming each other and only the richest of the rich will have what is left.
He who dies with all the toys wins!
Wednesdays
(17,450 posts)forestpath
(3,102 posts)GliderGuider
(21,088 posts)We may not like it, but when one looks at civilization as a thermodynamic self-organizing system, the appearance of hierarchies and the fact that they deepen with increasing social organization and energy flow is an entirely expected development. Most of us can't see civilization that way, though, because we've been acculturated to the view that all human action is driven by free will. Our civilization must therefore be the result of rational, deliberate choices - we cannot be thermodynamic automatons, can we?
As the fish said, "What the hell is water?"
YOHABLO
(7,358 posts)Just so you know what you're missing out on. You go Rich folk!
Ruby the Liberal
(26,219 posts)cstanleytech
(26,334 posts)more along the lines the wealthy exploiting ever single loophole to avoid paying their fair share in taxes that the real issue?