Mastodon Feed
slightlyoff@toot.cafe ("Alex Russell") wrote:
All of the data in this thread is from the US where inequality is a problem, but is not at its worst worldwide:
https://en.wikipedia.org/wiki/Gini_coefficient
Technology has broken down borders in many ways, which now means that the merely 2.5x wealthier JS bros in the US may make 20-50x more than users in other geographies:
https://worldpopulationreview.com/country-rankings/median-income-by-country
PPP is a thing:
https://data.oecd.org/conversion/purchasing-power-parities-ppp.htm
But even with that caveat, $108K/yr US income is still 6-7x the effective median salary in India.