[QUOTE="kuraimen"][QUOTE="THE_DRUGGIE"]
I say it's a good indicator for the reason I outlined to diffuse that moronic argument that "OH the lowest in the US is greater than the highest in Somalia so we shouldn't change anything here hurr durr" but it is subject to being skewed depending on various factors: population, average income, amount of poor vs. wealthy, etc.
However, I think of it as an adequate tool in the social sciences for getting a general grasp on the level of egalitarianism in a given country, which would be good for explaining the severity of a wealth gap in comparison to another country on its level (comparing a first world state with a first world state) but extensive research does need to follow in order to gain a complete grasp on how the disparity of wealth truly affects the country in question.
tl;dr: good general comparative tool for an overview, but not sufficient for a detailed research endeavour.
THE_DRUGGIE
I think the GINI coefficient shows a strong correlation between quality of life and inequality but it's not the whole story. There are countries with high equality but low quality of life although I think countries with high inequality are more prone for lower quality of life. Even Marx said that equality wouldn't work if everyone was equally poor, that's why he thought that socialism could only work well in developed nations and he was right considering that the most successful socialist nations are developed scandinavian countries. Never thought I'd see the day when I'd completely agree with someone on GS in a political thread.
I mean sure, the strong correlation in my view is more pertaining to the general scope of a country's economic disparity but is it right for me to assume that you feel the same way since you said it's not the whole story? If so, then yeah I completely agree with this. If not, your opinion is still an outcome that has considerable weight for reasons you've outlined.
Either way, that was a good post.
Thanks :)
I actually tend to agree with many political views here but not with all all the time. I'm one of the "controversial" posters here I guess :P
I usually agree with your posts by the way and I was actually agreeing with what you said here, I was just expanding on it.
Log in to comment