Gini Index 0.38!: Another Occupy Wall Street Slogan

I guess one of the ways that Occupy Wall Street needs to become more economically literate is by knowing about the Gini Index, which measures inequality. The Gini Index is 0 if everyone has the same income, and 1 if Bill Gates or whoever earned everything. You can see on the map at the bottom how the world is on this measure.

Here is the US in 2007:

This is how it has grown over time in the US:

US Gini Index

See also:

File:Gini Coefficient World CIA Report 2009-1.png

And notice some of the countries that share the level of income inequality with the USA: Argentina, Iran, Venezuela, China, Mexico, Russia, Nigeria…..

So another Occupy Wall Street Slogan might be: Gini Index of .38! (aka when Truman was in the White House)

About creativeconflictwisdom

I spent 32 years in a Fortune Five company working on conflict: organizational, labor relations and senior management. I have consulted in a dozen different business sectors and the US Military. I work with a local environmental non profit. I have written a book on the neuroscience of conflict, and its implications for conflict handling called Creative Conflict Wisdom (forthcoming).
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