On Wednesday, December 19, 2012 12:47:26 PM UTC-5, rclough wrote: > > Hi Craig Weinberg > > http://it.stlawu.edu/~pomo/mike/kuznet.html > > " The Kuznet's theory goes like this: when a country begins developing > economically, > its income inequality worsens. But after a few decades when the rich begin > investing > more in the economy and wealth begins to "trickle down," income equalizes > and people are > more wealthy then they would have otherwise been. The multilateral > financial institutions > which have adhered to this theory, namely the > IMF<http://www.foe.org/global/imfund/imf.html>, > enforce structural adjustment > progams (SAP's) on heavily indebted third world countries which > drastically worsen > socioeconomic inequalities. > > So I think the gini coefficient is largely a historical number, > where presumably avg pp income increases with time. > So you have to look at avg income as well. > > The Kuznet inverted U curve below shows that g is low for > rural or under- developed situations such as Iran > and Greenland, where the avg income is low. > It reaches a peak when under industrializatyion, and > finally, in serice economies. wher income is the highest, > it automatically decreases again. > > http://www.unc.edu/~nielsen/special/s2/s2.htm > >
Did you notice this chart on that link? http://www.unc.edu/~nielsen/special/s2/hs12003a.gif There is no shade of black that is white, sir. I know you mean well, but I have lived in the US for 44 years and I can tell you that it has gotten worse every decade - in California, in Colorado, and in North Carolina. People who were middle class are now economically abandoned while worthless monopolies capitalize on enormous economies of scale to own more and more and more. Can't you see that? Can't you tell? Craig > > > > > Interestingly, environmental degradation may follow a similar Kuznet curve > > https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcQvFv8mIfjPdpJ4ggRnsWsfkUAPs86kW4tcHgQ9IOPueEaxICU6 > > > > > > > > > [Roger Clough], [[email protected]] <javascript:> > 12/19/2012 > "Forever is a long time, especially near the end." -Woody Allen > > > ----- Receiving the following content ----- > *From:* Craig Weinberg <javascript:> > *Receiver:* everything-list <javascript:> > *Time:* 2012-12-19, 10:48:02 > *Subject:* Re: Re: On Income Fairness in the USA and the world > > > > On Wednesday, December 19, 2012 10:33:55 AM UTC-5, rclough wrote: >> >> Hi Hal Ruhl >> >> So whbat ? Those gini coefficnets are in percentages, >> so USA has a gini about 27 %, which is outstanding. >> >> If you don't that, see from the wikimedia >> map (below) that the USA gini coeff. >> is about about average in the world: >> >> http://en.wikipedia.org/wiki/User:Filt/Sandbox >> >> >> >> >> Sorry, you have to go to that page to find what the colors mean. >> The pink color indicates that USA is smack dab in the middle >> of the gini coefficients. >> > > No, smack dab in the middle of the 9 colors would be light orange - places > like Iran and Turkey. Yellow countries like India and Khazakstan are doing > better than that. We are down below average, in the D- range with China, > Mexico, and Peru. Can you imagine how many dirt poor peasants there are in > China or Mexico or Peru and how many abandoned ex-Middle Class suckers it > takes to make the US that shade of pink? > > It's grotesque. Think of how many hundreds of millions of dollars in spare > change that those at the top have to convince people like you that giving > them more and more of your money is the only political solution. > > It's not helping your case any btw Roger that you keep trying to pull dead > rabbits out of this hat. Turn it right side up and face the music. > > Craig > > >> >> >> >> [Roger Clough], [[email protected]] >> 12/19/2012 >> "Forever is a long time, especially near the end." -Woody Allen >> >> ----- Receiving the following content ----- >> From: Hal Ruhl >> Receiver: Everything List >> Time: 2012-12-18, 16:15:31 >> Subject: Re: On Income Fairness in the USA and the world >> >> >> Hi Roger: >> >> Try this and sort by wealth Gini >> >> http://en.wikipedia.org/wiki/List_of_countries_by_distribution_of_wealth >> >> Hal >> >> -- >> You received this message because you are subscribed to the Google Groups >> "Everything List" group. >> >> To post to this group, send email to [email protected]. >> To unsubscribe from this group, send email to >> [email protected]. >> For more options, visit this group at >> http://groups.google.com/group/everything-list?hl=en. >> > -- > You received this message because you are subscribed to the Google Groups > "Everything List" group. > To view this discussion on the web visit > https://groups.google.com/d/msg/everything-list/-/D4b3SJi4i1kJ. > To post to this group, send email to [email protected]<javascript:> > . > To unsubscribe from this group, send email to > [email protected] <javascript:>. > For more options, visit this group at > http://groups.google.com/group/everything-list?hl=en. > > -- You received this message because you are subscribed to the Google Groups "Everything List" group. To view this discussion on the web visit https://groups.google.com/d/msg/everything-list/-/xZrEIi-BICkJ. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/everything-list?hl=en.
