this post was submitted on 16 Mar 2026
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According to the World Inequality Index, between 1999 and 2024, the top-1% in Canada grew their wealth from 26% to 29%.
In the same period in other countries, the top-1% changed their wealth:
Worldwide, the top-1% share was stable at around 37%.
In the same period 1999-2024, the wealth of the bottom-50% in Canada slightly shrank from 15% to 14%. In other countries:
Worldwide, the bottom-50% grew their share of the total wealth slightly from 7% to 8%.
Source for the top 1%, here for the bottom 50%.
You can play around in the linked diagrams for other countries and regions.
Geez China. So much for lifting a billion out of poverty.
I mean, conditions have gotten better, but clearly there's gaps.
They already did that, now capitalism evolves into its final form as fascism like it always does.
There is ample evidence that inequality is on the rise in China.
Yes, and you just posted it. Did you think I was arguing?
Lot of SIMPs for China around Lemmy even for a reasonable critique. Can be hard to tell sometimes
Yeah, that's definitely fair.
No, all fine. Sorry if my comment was misleading.
yah china lie about its numbers a lot, im beginning to wonder about its population count as well