For those who somehow think that Sweden is a socialist utopia

[luzula]

I offer these depressing statistics about Sweden:

In 1965, the combined wealth of the five richest families was as much as 1.17% of that year's GDP. In 2016, the combined wealth of the five richest individuals was as much as 23.2% of that year's GDP.

Between 1983 and 1997, the richest 1% increased their wealth with 81%, and the poorest 40% decreased theirs with 129%.

In 2017, the richest 10% of the population owned 78% of total household wealth (not sure if wealth hidden away in tax havens was counted). To compare with Norway (63%), Denmark (69%), and Italy (51%). In this respect we're even worse than the US, at 77%!

I mean, we do still have free university and healthcare, but it's going downhill fast. Also, when I presented these statistics to my dad, he went on a rant about immigration as the root of all evil. The mind boggles.

Comments

[nonesensed]

Woah, those are some scary and saddening statistics :( I knew it was bad, but seeing the numbers made it hit home even worse. Good knowledge to have though.

...there should seriously be a fixed maximum amount a single person should be able to earn. At some point, having All Of The Money becomes an ethical question as much as an economical one :/

[luzula]

That just proves how much the world is not governed democratically. I mean, the overwhelming amount of people in the world would probably be for a law that capped people's wealth, but is there such a law? No, there is not.

[nonesensed]

Yuuuuup - people with power (aka money) are very focused on Making All The Money, and thus make sure all the rules are in their favor :/

[dhampyresa]

I feel like over a certain amount of money, you're basically a dragon and you and your hoard should be treated as such.

[luzula]

Ha, that's a great image.

[nonesensed]

Very well stated!