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Correlation Between Levels Of Economic Inequality And Polarization

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Correlation Between Levels Of Economic Inequality And Polarization
According to a study by McCarty, Poole, and Rosenthal, there is a close correlation between the levels of economic inequality and polarization which have tracked closely together for the last 50 years. The study measures the correlational movement of both economic inequality and political polarization, using the gini coefficient as a measurement of inequality ranging from 0 (perfect income inequality) and 1 (one person controls 100% of the nation’s income), and using the difference in median positions between the two parties to measure polarization. Within the study, beginning in 1968, the gini level was that of .35 with the difference between positions lying at .575 representing that levels of economic inequality and polarization were fairly
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