An age of growing inequality
Report says 1% of Namor's citizens control 1/3 of country's wealth
January 29, NMR 2374
The poorest in Namor control one percent of the
wealth, says the Namo Institute of Social Science
According to the report, 1% of Namor's population - the richest of the rich - control around one-thirds of the country's wealth, whereas the poorest of Namorese owned only one percent of the wealth. The Gini coefficient has grown to 45.75, close to 46.0 which would have been officially considered "high" instead of "medium" as it is now. Namor's Gini coefficient is higher than many of its neighbors - Chorea (35.2, medium); Geadland (30.4, medium); Luziyca (39.6, medium), Katranjiev-Riro (29.7, low) and Vyvland (30.7, medium). Qianrong is perhaps the only country close to Namor that has a higher Gini coefficient with 47.7.
Growing inequality and gaps between the rich and poor has been a trend in Namor since the NMR 2320s when economic reforms started. Since then, there became a greater difference between urban and rural areas although an urbanization campaign helped narrow the gap a bit, but not at a rate that could prevent inequality from reaching the level it is reaching now.
The government seems to have stalled in its urbanization campaign, letting private companies take most of the burden. The Fu administration said from time to time that it would address the issue of growing inequality although the opposition accuses it of not viewing the problem seriously enough.
COMMENTS
Gang Ah
Heavens...we're this unequal? 102 62
Wen Yi
The fact that the Luzzies have lower Gini than us really says something. 72 46
Chiang Hong
Minjuha, fake Liberationism and Fu Wen for decades now, and this is what Namor gets. Seems unsurprising to anyone who has been following the leadership recently. 40 10
Dong Chiu
So the 1% is controlling more wealth, but so what? It's not like the 1% have any power, they're just 1% of the population after all! Two-thirds of the wealth is controlled by the 99%, think of it that way! We still have more than the rich do if we pile our money together, nothing's wrong with that. 36 27
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