Have you any evidence to back this claim? I would argue that the average Cuban and the average Castro have very very high income inequality.
Do you have any evidence, statistics especially, to corroborate this claim?
well I do but now that I look at them again I have to modify my original claim: boston was not hugely equal in the 1680s but it was more equal than it was in the 1750s.
This is info. from the 1965 paper “Economic Development and Social Structure in Colonial Boston” by Henretta. So for instance in 1687, the lower middle class to upper middle classes held in total 34% of the wealth. In 1771, this class had significantly less total income, declining by about 10%.
All data was taken from lists of taxable assets. Some data was missing.
Jack,
Well, normally, when I hear someone talk about “socialism” in everyday conversation I assume they usually mean Scandinavian-style Socialism (not many full-blown communists running around these days). If that’s what they meant here, then they are correct by most measurements I’ve seen.
For example, the Gini Coefficient for countries like Sweden are much lower than the coefficients for the U.S., which implies they have a more equal income distribution.
https://www.cia.gov/library/publications/the-world-factbook/fields/2172.html
I went to this school here in Atlanta called the Galloway School until like 7th or 8th grade when I got kicked out. It’s a very very liberal school.
I remember vividly being forced to learn the school song which was both closet homosexual and incredibly collectivistic. They encouraged that sort of mentality.
Eventually I got kicked out and went to public school which I enjoyed much more and then I attended a second private school which was much less…dogmatic. I don’t mind it if teachers think that capitalism is evil. What I mind is when they try to make little kids think the same thing without presenting them with any opposing argument.
“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.” - Winston Churchill