Monday 26 September 2011

The death of the middle class... In numbers!

That a capitalist economy has a monopolistic tendency is not a novelty... but now that we are starting to really face the death of our middle class we seem somehow shocked by the novelty.


Income distribution and disparity are the best indicators of this trend, which seams not to be a linear one, but frighteningly enough, an exponential one.


Here are some charts and graphs that I found very interesting and useful to visualize the situation:


Gini CoefficientThe Gini coefficient is a measure of the inequality of a distribution, a value of 0 expressing total equality and a value of 1 maximal inequality. 





Have a look at the article published by the BBC about this theme

And now have look at the income distribution in the United States from 1979 till 2007:

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