American's Wealth Inequality

[Ali-NZ]

The issue of wealth inequality across the United States is well known, but this video shows you the extent of that imbalance in dramatic and graphic fashion. Presented without comment, letting you, the readers, be the judge.

 

[umarriaz]

Inequality of wealth is a problem all over the world. South American and South African countries has the highest inequality of wealth in the world. South Asian countries were among the best but in last 10-15 years it is increasing there rapidly.

Gini coefficient is used to measures the inequality among values of a frequency distribution of income.
A Gini coefficient of zero expresses perfect equality, where everyone has an exactly equal income.
A Gini coefficient of one expresses maximal inequality among values where only one person has all the income.

Capitalism tends to increase the Gini index over the time. Ideal Socialist society should have a Gini index of zero but in reality it is not the case (just look at Russia and China). Only Islamic economic system (with zakat, riba free) can maintain desirable equality of wealth and low Gini index.

 

[rising_pakistan]

I'm sure its still better than Pakistan.