this post was submitted on 29 May 2024
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Are you talking about the 10-15 years after the revolutions? That chart shows that today China has income inequality similar to that of pre-1900 China, and higher income inequality than France, Sweden, and the UK. Even more interesting, the US only has 3% more income share going to the 1% than China does.
Also "share of income going to the top 1%" doesn't really tell the whole story. I think individual purchasing power would be a much more informative statistic.
For china i am talking until mao died in 1976. For russia income inequality was low until 1991 when the communist party gave up power.