Wealth Distribution Across Select OECD Countries: Chart

Wealth distribution or lack thereof varies across OECD countries. The US is the most unequal country in terms of household wealth distribution among the select countries shown in the chart below:

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Source: OECD

The richest 10% of the Americans own more than 75% of the total household net wealth.Crony capitalism, regulatory capture, corruption and other factors have led to the situation where the largest share of wealth created is extracted from workers and channeled to the upper crust of the society. This is one of the reasons why the frustrated “deplorables”voted against the continuation of the status-quo as represented by the Democratic party.

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