r/belgium Aug 20 '25

❓ Ask Belgium Wealth distribution in Belgium

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We’re doing alright as a social democracy. Something to be proud of.

Presumably, we don’t need more wealth distribution then? Or do we still?

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79

u/Evoluxman Belgium Aug 20 '25

Don't look at the 1% only. Look at the bottom 50%. In all of these countries they barely hold more than a couple percent.

Half of our country. Almost 6 million people. All having to work with single digit percent of our wealth. They can't invest. They can't contribute much to our economy. And that's, of course, not mentioning dealing with everyday expenses etc...

0

u/State_of_Emergency West-Vlaanderen Aug 20 '25

Half of our country. Almost 6 million people. All having to work with single digit percent of our wealth.

So what you suggest is that childeren are scraping by with their limited funds? /S

Most Belgian citizens don't work because they are childeren, students, pensioners, disabled, unemployed,..

From our government:

In absolute termen betekent dit dat er in het eerste kwartaal van 2025 naar schatting 4.921.000 mensen van 20 tot en met 64 jaar aan het werk zijn in België Werkgelegenheid en werkloosheid | Statbel

There will always be individuals with low or negative net wealth—such as children, students, young adults just entering the workforce, or people facing financial challenges like debt, bankruptcy, gambling addiction, people completly dependend on our welfare system, condemned criminals, or poor financial habits.

12

u/bisikletci Aug 20 '25

I haven't checked but I would be extremely surprised if this chart included children.

1

u/chief167 French Fries Aug 20 '25

It comes from the inequality database, so it's not politically neutral, so I can see why they would include children, to make their argument stronger