Britain is a rich country with the world’s 6th largest economy and the highest tax income for decades, which raises a simple question - why do we seem so broke?
Britain is a rich country with the world’s 6th largest economy and the highest tax income for decades, which raises a simple question - why do we seem so broke?
https://en.wikipedia.org/wiki/Victorian_era
https://ifs.org.uk/inequality/wp-content/uploads/2021/11/IFS-Deaton-Review-The-history-of-inequality-1.pdf
That doesn’t look a lot like Victorian-era levels of inequality to me.
I think that the points highlighted in the article are probably stronger. For example, the author mentions housing:
It’s true that the UK has exceptionally small per-capita space allocated to housing compared to similarly-wealthy countries. I suppose that one could argue about whether that’s a positive or negative — I think that many people have made a valid point that people here in the US are purchasing housing that’s inefficiently large, putting too much of their assets into real estate — but it’s an aspect where the UK really is unusual compared to peers.
kagis
This is just the first result that comes up. It isn’t a per-capita visualization, but I think that it definitely drives home the point:
https://worldpopulationreview.com/country-rankings/house-size-by-country
goes looking for a per-capita measurement
Here we go; I’ve seen this visualization before.