I've made it terribly clear: the evidence separates our economies into 3 broad categories: liberal democratic, social democratic and anglo-saxon. The evidence finds that the last category is characterised by high incone inequality. The important question is 'why?'
So far you've essentially indicated that newly industrialised countries are distinct from mature economies. Save your typing Sherlock, you're missing out on violin practice
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Lets look at their GINI index, Australia 35, Canada 33, new Zealand 36 and the US 41. Compared to Angola 59, Argentina 46, belize 54, Bolivia 57, Brazil 54, Bulgaria 45, China 42, Columbia 58 etc etc......
http://en.wikipedia.org/wiki/List_of...ncome_equality
Im not seeing near the income inequality in the Anglo Saxxon countries as I am the others. Would seem your perception is in contradiction to reality. Same case in regards to poverty.
http://en.wikipedia.org/wiki/Poverty_by_country
Your trying to compare mature economies with developpping or newly industrialised countries. A worthless comparison! This has all been clarified! So why do you think anglo saxon counties have greater income inequality compared to liberal and social democratic countries?
In the US, it is a simple moral failure to bear true witness to our own laws.
Im still commenting upon your original statement, "Anglo-Saxon countries are characterised by severe wage inequality and high working poverty." I havent yet got through all your qualifiers youve added since then in later posts to back away from your original claim you cant defend.
And both Canada and France are mature. Canada with a Gini index of 33 and France with a Gini of 33. Both the UK and Italy are matured, both with a Gini of 36. Both Australia and Spain are mature, both with Gini index of 35. Both the US and Russia are mature, US with a Gini of 41 and Russia a Gini of 42.
No, you're dodging because you haven't got a response.
Russia isn't a mature economy. One would expect continued industrialisation, reflecting its history and the problems faced. We certainly wouldn't call it social democratic or liberal democratic. Stop with the inane dodge. Its already been done to death. Why do Anglo-Saxon countries (in particular the US and the UK) have high income inequality compared to what experienced by liberal and social democratic countries?And both Canada and France are mature. Canada with a Gini index of 33 and France with a Gini of 33. Both the UK and Italy are matured, both with a Gini of 36. Both Australia and Spain are mature, both with Gini index of 35. Both the US and Russia are mature, US with a Gini of 41 and Russia a Gini of 42.
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