[OC] Three Latin American countries are among the 5 most unequal on Earth. More so than so-called Gulf states and even Russia with its oligarchs.EpsomHorse t1_j75t6sw wrote
Reply to comment by NarcissusLovesEcho in [OC] Three Latin American countries are among the 5 most unequal on Earth. More so than so-called Gulf states and even Russia with its oligarchs. by latinometrics
> I wonder what percentage of that top 1% in the DR is baseball players?
Just the smallest handful.
Every single country in Latin America except Cuba is dominated by a small number of oligarch families that own just about everything and everyone of any value. Most of these families have been in this position for centuries.
This is the legacy of Spanish colonization, and its why the entire continent of South America is way less developed than it should be.
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