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Wealth divide is incredibly low here. Japan’s poverty rate is among the lowest in the world. What are you talking about?



Article by Noah Smith on this. It's way hgher than I would have expected. https://www.bloomberg.com/opinion/articles/2019-07-30/u-s-ec...


Well that’s a stupid article. The operative words: “Defined by the percentage of the population earning less than half of the median national income”. In an absolute sense, Japan has no poverty.


I've seen estimates ranging from 15% to 19%. That's not low, it's higher than most developed countries.

Seems to me the stabilizing effect of a stagnating population is the main reason.




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