In Switzerland and the Netherlands, the share of national income - TopicsExpress

In Switzerland and the Netherlands, the share of national income taken by the 1% has shrunk to historic lows. Inequalities have fallen since 1990 in Brazil and since 2000 in Sweden. Even in the UK, income inequalities since the 2008 crash have fallen back to early 1990s levels – if you strip out the very richest 1%. Only this tiny minority is still moving away from the rest. Since 2005, global economic inequalities have been falling, but again only if the wealth and income of the very richest is ignored. We are facing a fork in the road between having a majority global middle class, or most of us becoming a global service class employed to satisfy the needs of a tiny minority of super-rich individuals.

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