American Capitalism: Gini-Inefficent
(string, 6.5’x2”x6.5”, January 2015)
1 inch = $10,000 earned in the U.S. Annually
This long line of string seeks to show the massive wage gap between those who earn annual wages with in the top 1% and the bottom 99% of all wages earned in the United States.
With an astonishing 31,666 feet of string, those earning with in the bottom 10% are shown at the beginning. Those earning the top 1% take up 31,634 feet of string, leaving the rest for everyone else.
The Gini coefficient (also known as the Gini index or Gini ratio) (/dʒini/ jee-nee) is a measure of statistical dispersion intended to represent the income distribution of a nation's residents, and is the most commonly used measure of inequality.