Inequality for All (2013)

"Inequality" is a 2013 documentary directed by Jacob Kornbluth. This movie is exploring the expansion of income disparity in the United States. This film is organized by American economists, writers, and Professor Robert Reich, and is based on the 2010 book "Aftershocks: America's Next Economy and Future". This film was premiered at the documentary competition at the Sundance Film Festival of 2013 and received the American Documentary Film Special Jury Prize. The Empire has expanded the role of income disparity (now the highest level ever), refining this story by exploring that this expanding disparity affects not only the US economy but also American democracy itself I will. The core of this movie is a simple question. What is a good society and what role does the expansion of income inequality play in worsening the economic health of the country?

In this last blog post of this series I explained the average trend of inequality in the world and region countries during the period from 1988 to 2013. Now we will investigate in detail the trend of inequality at the national level. I will explain the change in domestic disparity over the two periods from 1993 to 2008 and 2008 to 2013. Long-term spells include all countries with unequal data around 1993 and 2008, and data is calculated using the same welfare measures (income or consumption). Short-term spells include countries with different data from 2008 to 2013, and the list is based on the World Bank's Common Prosperity Global Database.

Source: Lakner and Milanovic (2013); Milanovic (2013); and calculated by IMF staff. Note: Inequality between countries with no weight (blue line) is calculated based on the gross domestic product obtained from household surveys of countries around the world without weighting population. Population weighted inequality (red line) between countries takes into account the weight of the population. Finally, the concept of global inequality (green dotted line) focuses on individuals, not countries. This calculation is based on household surveys, including individual income or consumption data.