tag:blogger.com,1999:blog-1327826536005692170.post7335580478241556819..comments2023-08-24T07:27:12.657-07:00Comments on Contra O'Reilly: On Other Countries Supposedly Having Less Wealth Disparity than the U.S.Will "take no prisoners" Harthttp://www.blogger.com/profile/02315659209094683602noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1327826536005692170.post-13523478578257863642014-02-23T15:19:55.544-08:002014-02-23T15:19:55.544-08:00You also have to differentiate between total wealt...You also have to differentiate between total wealth (which also includes property and displays less of a disparity) and strictly financial wealth.......And I don't seem to recall 1976 being a very good year for anybody (save for maybe Sugar Ray Leonard).Will "take no prisoners" Harthttps://www.blogger.com/profile/02315659209094683602noreply@blogger.comtag:blogger.com,1999:blog-1327826536005692170.post-16284665043501270942014-02-23T11:35:48.794-08:002014-02-23T11:35:48.794-08:00World and country wealth distribution figures vary...World and country wealth distribution figures vary widely, depending on the several sources, so it is best to view the phenomena in general terms. You are right about fluctuations, for example one table shows US top 1% wealth at 44.2% of total in 1929 and a minima in 1976 of only 19.9%<br />owned by the top 1%. There are actually people who study the <a href="http://www.cambridge.org/us/academic/subjects/physics/econophysics-and-financial-physics/econophysics-income-and-wealth-distributions" rel="nofollow">econophysics of wealh distribution</a> ,but I'll leave manipulation of statistics to the manipulators? professionals? econogeeks?<br />..dunno, whatever they call themselves. <br />BB-Idahohttps://www.blogger.com/profile/01388509941702241290noreply@blogger.comtag:blogger.com,1999:blog-1327826536005692170.post-66189211212902263262014-02-23T09:01:57.323-08:002014-02-23T09:01:57.323-08:00For the most part, socialism is by far the most ef...For the most part, socialism is by far the most effective method for concentrating increasing wealth disparity (as I mentioned in the comment about Mr. Sander's hero Stalin over at "Rational Nation"). <br /><br />This applies best to most socialist nations (Syria, Kadaffy's Libya, Mao's China)... but perhaps, as you indicate, in some form to "democratic" socialist nations as well.<br /><br />After all, it's the version of the golden rule, "those who make the rules get the gold".dmarkshttps://www.blogger.com/profile/07269773990064736457noreply@blogger.com