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Yes, there is an alternative to capitalism: Mondragon shows the way

Why are we told a broken system that creates vast inequality is the only choice? Spain’s amazing co-op is living proof otherwise.

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The Alternative to Capitalismmondr

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Using the GINI index, the United States places 75th in terms of income equality among 126 nations. Denmark has the best income equality. Japan and then Sweden are next. The world’s hottest economy, Germany, rated 13th.

The United States rates right in the middle of the pack when it comes to income equality among third world nations. We’re ahead of the Philippines and Haiti, but behind Mozambique and Cambodia.

Every position staked out by President Obama has served to redistribute more income from working people to the wealthy. So income inequality is only getting worst. However, Republicans are even more adamant in redistributing income from the middle to the top. This process has been going on for thirty years since that great income redistribution advocate, President Ronald Reagan, the corporate drone.

If Obama is reelected president, the USA will probably drop to 78th or so on the list, just below Thailand. If a Republican becomes president, the United States middle class will see even more income and wealth redistributed to the top than if Obama remains president. That suggest we should vote for anybody but a Republican or a Democrat for president.

By now everybody knows free trade treaties redistribute income. Jobs are shipped overseas with these agreements. When this occurs, the rich receive the difference between the old employee compensation that was in the United States the new lower compensation paid overseas. The rich get their ill gotten gains via higher dividends and share prices. The job losers lose their income and benefits, which are transferred to the rich.

Now Senator Ron Wyden has voted to make things worse when he voted for the South Korea, Panama and Colombia. Congressman Blumenauer voted for the South Korea and Panama freely redistributing income from working people to the rich treaties. It shows something important about both Wall Street drones. They really don’t care about creating jobs. If Obama signs the treaty, then he is just playing politics with his jobs bill. But it should tell you that he is not serious about creating jobs. He’s just trying to rally his fading base. So he’s not serious about creating jobs at all.

Below is a list of the 126 nations from worst to best income equality.

SOURCE
Wikipedia: List of countries by income equality
DEFINITION
Economy Statistics > income equality > UN Gini index (most recent) by country
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Showing latest available data. The worst income equality to the best.
Rank Countries Amount
# 126 Namibia: 74.3
Namibian Economy

# 125 Lesotho: 63.2
Basotho Economy

# 124 Botswana: 63
Motswana -Batswana Economy

# 123 Sierra Leone: 62.9
Sierra Leonean Economy

# 122 Central African Republic: 61.3
Central African Economy

# 121 Swaziland: 60.9
Swazi Economy

# 120 Bolivia: 60.1
Bolivian Economy

# 119 Haiti: 59.2
Haitian Economy

# 118 Colombia: 58.6
Colombian Economy

# 117 Brazil: 58
Brazilian Economy

= 116 South Africa: 57.8
South African Economy

= 115 Paraguay: 57.8
Paraguayan Economy

# 114 Chile: 57.1
Chilean Economy

# 113 Panama: 56.4
Panamanian Economy

# 112 Guatemala: 55.1
Guatemalan Economy

# 111 Peru: 54.6
Peruvian Economy

# 110 Honduras: 53.8
Honduran Economy

# 109 Argentina: 52.8
Argentine Economy

# 108 El Salvador: 52.4
Salvadoran Economy

# 107 Dominican Republic: 51.7
Dominican Economy

# 106 Papua New Guinea: 50.9
Papua New Guinean Economy

= 105 Mali: 50.5
Malian Economy

= 104 Niger: 50.5
Nigerien Economy

# 103 Malawi: 50.3
Malawian Economy

# 102 Gambia, The: 50.2
Gambian Economy

# 101 Zimbabwe: 50.1
Zimbabwean Economy

# 100 Costa Rica: 49.9
Costa Rican Economy

# 99 Mexico: 49.5
Mexican Economy

# 98 Malaysia: 49.2
Malaysian Economy

# 97 Madagascar: 47.5
Malagasy Economy

# 96 Nepal: 47.2
Nepalese Economy

# 95 Guinea-Bissau: 47
Guinean Economy

# 94 Philippines: 46.1
Philippine Economy

# 93 Uruguay: 44.9
Uruguayan Economy

# 92 China: 44.7
Chinese Economy

= 91 Cameroon: 44.6
Cameroonian Economy

= 90 Côte d’Ivoire: 44.6
Ivoirian Economy

# 89 Venezuela: 44.1
Venezuelan Economy

= 88 Nigeria: 43.7
Nigerian Economy

= 87 Ecuador: 43.7
Ecuadorian Economy

# 86 Turkey: 43.6
Turkish Economy

# 85 Hong Kong: 43.4
Hong Kong Economy

# 84 Nicaragua: 43.1
Nicaraguan Economy

= 83 Iran: 43
Iranian Economy

= 82 Uganda: 43
Ugandan Economy

= 81 Kenya: 42.5
Kenyan Economy

= 80 Singapore: 42.5
Singapore Economy

# 79 Burundi: 42.4
Burundian Economy

# 78 Zambia: 42.1
Zambian Economy

# 77 Thailand: 42
Thai Economy

# 76 Senegal: 41.3
Senegalese Economy

= 75 United States: 40.8
American Economy

= 74 Ghana: 40.8
Ghanaian Economy

= 73 Turkmenistan: 40.8
Turkmen Economy

= 72 Georgia: 40.4
Georgian Economy

= 70 Cambodia: 40.4
Cambodian Economy

= 69 Guinea: 40.3
Guinean Economy

= 68 Trinidad and Tobago: 40.3
Tobagonian Economy

# 67 Russia: 39.9
Russian Economy

# 66 Tunisia: 39.8
Tunisian Economy

# 65 Mozambique: 39.6
Mozambican Economy

= 64 Morocco: 39.5
Moroccan Economy

= 63 Burkina Faso: 39.5
Burkinabe Economy

# 62 Israel: 39.2
Israeli Economy

# 61 Mauritania: 39
Mauritanian Economy

# 60 Jordan: 38.8
Jordanian Economy

# 59 Portugal: 38.5
Portuguese Economy

# 58 Jamaica: 37.9
Jamaican Economy

# 57 Latvia: 37.7
Latvian Economy

# 56 Vietnam: 37
Vietnamese Economy

= 55 Azerbaijan: 36.5
Azerbaijani Economy

= 54 Benin: 36.5
Beninese Economy

# 53 New Zealand: 36.2
New Zealand Economy

= 52 United Kingdom: 36
British Economy

= 51 Lithuania: 36
Lithuanian Economy

= 50 Italy: 36
Italian Economy

# 49 Estonia: 35.8
Estonian Economy

# 48 Algeria: 35.3
Algerian Economy

# 47 Australia: 35.2
Australian Economy

# 46 Spain: 34.7
Spanish Economy

= 45 Laos: 34.6
Lao Economy

= 44 Tanzania: 34.6
Tanzanian Economy

# 43 Poland: 34.5
Polish Economy

# 42 Egypt: 34.4
Egyptian Economy

= 41 Ireland: 34.3
Irish Economy

= 40 Indonesia: 34.3
Indonesian Economy

= 39 Greece: 34.3
Greek Economy

# 38 Kazakhstan: 33.9
Kazakhstani Economy

# 37 Armenia: 33.8
Armenian Economy

# 36 Switzerland: 33.7
Swiss Economy

# 35 Yemen: 33.4
Yemeni Economy

= 34 Sri Lanka: 33.2
Sri Lankan Economy

= 33 Moldova: 33.2
Moldovan Economy

# 32 Belgium: 33
Belgian Economy

# 31 France: 32.7
French Economy

= 30 Canada: 32.6
Canadian Economy

= 29 Tajikistan: 32.6
Tajikistani Economy

# 28 India: 32.5
Indian Economy

# 27 Bangladesh: 31.8
Bangladeshi Economy

# 26 Korea, South: 31.6
Korean Economy

# 25 Romania: 31
Romanian Economy

# 24 Netherlands: 30.9
Dutch Economy

# 23 Pakistan: 30.6
Pakistani Economy

= 22 Kyrgyzstan: 30.3
Kyrgyzstani Economy

= 21 Mongolia: 30.3
Mongolian Economy

# 20 Ethiopia: 30
Ethiopian Economy

# 19 Belarus: 29.7
Belarusian Economy

# 18 Bulgaria: 29.2
Bulgarian Economy

# 17 Austria: 29.1
Austrian Economy

# 16 Croatia: 29
Croatian Economy

# 15 Rwanda: 28.9
Rwandan Economy

# 14 Slovenia: 28.4
Slovenian Economy

# 13 Germany: 28.3
German Economy

# 12 Albania: 28.2
Albanian Economy

# 11 Ukraine: 28.1
Ukrainian Economy

= 10 Finland: 26.9
Finnish Economy

= 9 Hungary: 26.9
Hungarian Economy

# 8 Uzbekistan: 26.8
Uzbekistani Economy

# 7 Bosnia and Herzegovina: 26.2
Herzegovinian Economy

= 6 Slovakia: 25.8
Slovak Economy

= 5 Norway: 25.8
Norwegian Economy

# 4 Czech Republic: 25.4
Czech Economy

# 3 Sweden: 25
Swedish Economy

# 2 Japan: 24.9
Japanese Economy

# 1 Denmark: 24.7
Danish Economy

Weighted average: 40.5

DEFINITION:

SOURCE: Wikipedia: List of countries by income equality
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CITATION
“income equality > UN Gini index by country”, Wikipedia: List of countries by income equality . Retrieved from http://www.NationMaster.com/graph/eco_inc_equ_un_gin_ind-income-equality-un-gini-index

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