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Coefficients and inequalities The distribution of income reveals marked differences, but, as shown by Michael Roberts, it is wealth that is the real give-away I have written before about the fact that, both in advanced and so-called ‘emerging economies’, wealth is significantly more unequally distributed than income. 1 Moreover, the pro-capitalist World Economic Forum (WEF) reported in 2018: “This problem has improved little in recent years, with wealth inequality rising in 49 economies.” The usual index used for measuring inequality in an economy is the Gini index - named after the Italian sociologist, Corrado Gini. A Gini coefficient of zero expresses perfect equality, where all values are the same (for example, where everyone has the same income). A Gini coefficient of one (or 100%) expresses maximal inequality among values (eg, for a large number of people where only one person has all the income or consumption and all others have none, the Gini coefficient will be

United statesUnited kingdomSouth africaSouth africanThomas pikettyMichael robertsCorrado giniWorld economic forumSwiss institute of technologySwiss institutePiketty capitalஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்மைக்கேல் ராபர்ட்ஸ்கொராடோ கினிஉலகம் பொருளாதார மன்றம்