oecd publishes the gini indexer several nations. this chart here all the bluelines or blue bars are the oecd publication of submitted to it by the participating country. of the gini coefficient for distribution in those countries. and sure enough as has been often cited in the press, united states is somewhat higher than others. not radically higher. it just happens to be at the top of the seven shown there. these are the major advanced countries. we are not dealing with small countries are countries not yet developed. but just like we're missing about $1.5 trillion in the census data, the same $1.5 trillion or at least most of it is also missing from this data. when census submitted they idn't include. if you added in you wind up in the red bar. where is the red bar? right in the middle between japan and canada. the united states is essentially the same level of inequality as other countries. this trend chart over the last 40 years shows essentially the same thing. the heavy blue light at the top is the oecd publication, the heavy

there the genie coefficient, which is about looking at inequality in emerging economies —— gini.ly quite bad in the us, to say the uk, europe is of course a little bit more socialist than the us is rising towards the us' level is quite some statement, but i would say that inequality has been rising over a number of developed countries and for instance, for decades now, the labour share of national income has been falling and that means while we get productivity gains, less of it is going to workers and more of it is going to the owners of the capital. this is the issue, it talks about whether this is going to look into whether democratic capitalism is actually working or not. yes. or whether it is working just very small minority—owned, this article points out the fact that if you look at earnings and how they have been increasing in the uk in the last ten years or so, after inflation in the financial sector. earnings has grown by about £120 a week on average, whereas for other workers, it's actually gone down by £17 a week. that's right. that's in real terms. that is a worry. i

this is the gini coefficient that measures the distribution of income inequality -- all we need to knowzero is perfect equality, 100 is perfect inequality. as you can see, the line is basically doing a straight line up to 48, showing income inequality is just getting worse. carol: we see it playing out in our political landscape big time. thank you so much. as a matter of fact, that income inequality is top of mind for many democratic politicians, but it has not stopped them from dropping by wall street for lunch and for money. jason: plus how president trump's supposedly cozy relationship with kim jong-un may prevent further nuclear talks. carol: and later on, cisco ceo chuck robbins tells us how the trade war is impacting his business. jason: this is "bloomberg businessweek." ♪ carol: welcome back to "bloomberg businessweek." i'm carol massar. jason: i'm jason kelly. join carol and me for "bloomberg businessweek" every day on the radio from 2:00 to 5:00 p.m., and catch up on our daily show, listen and subscribe to our podcast. get that at itunes, soundcloud, or bloomberg.com. carol: a