Beyond the obvious: Vermögen schlägt Einkommen – „brutale Verteilungswirkung“
In Deutschland dauerte es früher 20 Jahre, sich ein Vermögen zu ersparen. Heute sind es 40. Über die Folgen spricht Daniel Stelter dem Wirtschaftsmathematiker Philipp Immenkötter.
John Burn-Murdoch, Financial Times' Chief Data Reporter, has highlighted a shift from income-driven to wealth-driven society. The median wealth of households in the United Kingdom, United States, Germany, and France has doubled since the mid-1990s, while median incomes have only increased by about 30 percent over the same period.
Moving from the lowest to the highest wealth quartile required 20 years a generation ago, but now it takes 40 years. The new report from the Flossbach von Storch Research Institute examines the wealth price index in Germany, revealing a 75 percent increase in wealth since 2005 compared to a 15 percent increase in real wages over the same period.
The impact of this wealth distribution is stark: the bottom middle class saw a 17 percent increase in wealth over 20 years, while the wealthiest households experienced an 86 percent increase.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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