Late 1991, but yep, that’s when inequality skyrocketed, as it was illegally disbanded and the former state sliced up and sold for parts to the highest bidder against the wishes of the public at large, causing roughly 7 million deaths.
I’m usually quite particular about labelling axes, but this graph has both axes partially labled, and while the dates are easily inferred, the meaning of the left axis is in the footer, as is the general explanation.
…You’re describing capitalism.
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Hmm?
Poverty rates are steadily decreasing in China...
...under every income group.
While homeownership rates have been steadily rising, reaching 90% in 2018
Those are some bold claims to make with nothing to back it up, when in fact reality says otherwise.
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A market economy under a socialist state, similar to what the USSR had under the NEP for its first 20 years.
Explain this graph:
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Late 1991, but yep, that’s when inequality skyrocketed, as it was illegally disbanded and the former state sliced up and sold for parts to the highest bidder against the wishes of the public at large, causing roughly 7 million deaths.
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I’m assuming you’ll actually answer now that the full source is linked, correct? Or are you just incapable of facing reality?
For images that don’t list the source in themselves like these I like to put the source in the alt text like this
![https://cepr.org/voxeu/columns/soviets-oligarchs-inequality-and-property-russia-1905-2016](https://lemmy.ml/pictrs/image/65a34c1d-e49d-47b1-bf83-07c344b109d5.png)
Oh, nice! Thanks!
I’m usually quite particular about labelling axes, but this graph has both axes partially labled, and while the dates are easily inferred, the meaning of the left axis is in the footer, as is the general explanation.