Quote:
Originally Posted by SurpriseBetsX
Ah, yes, head to roll so we can achieve the glory of China, Russia, Cuba, Venezuela, etc.
This is derailing the thread, but it should be noted that you have it backwards.
The person you were responding to was talking about the wages of CEOs and such compared to the wages of the Working Joe who makes minimum wage or just above it. The ratio of those wages is called the Gini coefficient. It is a measure of the "fairness" of wages in a country.
Generally speaking, countries with low Gini coefficients are the European counties that rate out with high happiness and where everyone does well. The countries with high Gini coefficients are the 3rd world hellholes rife with corruption and terrible for 95% of their citizens (like many of the countries you mention).
Unfortunately in the U.S., the Gini coefficient has been rising as the rich get richer and the rest of the population runs in place (essentially falling behind).
You built a strawman while not realizing just how wrong you were.