Quote (Saucisson6000 @ 21 Mar 2019 11:56)
This graph perfectly expose the inequality rate.
no, it does not. countries with a healthy middle class tend to have high median incomes, and only countries with a high median income can even allow for a significant share of their population to be far below the median income and still survive.
with half the median income in france/germany/united states, you will have a shitty life and struggle a lot, but you will survive. with half the median in Czechia, Russia, India and so on, you will simply starve to death.
furthermore, regional variation contributes to this specific statistic. in a huge and diverse country like the united states, you have both large regions of affluence with high income levels, like the Bos-Wash corridor, and you have large regions of deprivation, like much of the rural south. the rich regions push the national median up, even though the cost of living in these regions is through the roof as well. therefore, you'd have to use a price-level-adjusted average when computing the national median in order to arrive at a statistic that accurately reflects reality. in smaller, more homogeneous countries, this intra-national variation doesnt distort the statistic as much.
This post was edited by Black XistenZ on Mar 21 2019 05:18am