Inequality in Egypt — and America
I don’t know much about Egypt, apart from what everyone knows: It has a corrupt, oppressive government and widespread poverty. It also gets more foreign aid money from our government than any other country except Israel.
But an interesting fact came out. There’s something called the Gini Coefficient that measures inequality of wealth and income.
The Gini coefficient ranges from zero to one, multiplied by 100 to make the number easier to understand.
A lower value means a more equal society, so a value of zero is complete equality. A higher value means a more unequal society, so a value of 100 is complete inequality.
According to the United Nations, Egypt has a Gini coefficient of 34. That means it has more inequality than most European countries and Canada, whose Gini coefficients range from 24 to 36.
But guess what? The United States has a Gini coefficient of 41, which means our society has more inequality than Egypt.
There’s something really wrong with that picture.
Copyright 2011 by Rinth de Shadley.