Wealth distribution

Interesting data here, showing the percentage of total wealth accumulated into the top 1% of a country, it's noticeable that the more despotic the regime the more of that countries wealth is concentrated into fewer individuals. The UK looks suspiciously sane, I would have thought the percentage would be higher but then we are, generally speaking, a rich nation and so it's probably reasonable. There's a few surprises here, for example Norway whose socialist Government has been funnelling the huge oil and gas revenues into publicly owned funds for years, I would have thought that would have made a big difference and also Austria that always strikes me as a fairly liberal and fair society (good health care etc.) these days but according to this have nearly a third of their wealth owned by just one percent of the population. 

Of course there is no law of physics that says wealth concentration is a bad thing per se, you could make an argument that the top 1% of the population are the only ones qualified to handle the lion's share of the wealth of a nation, i.e. they're the ones that are usually the most able and motivated to a) create it in the first place and then b) invest it wisely in order to grow it over time. However, these things are far above my pay grade to speculate on, like our weather systems, our economies are far too complex for any single hypothesis to be able to model them perfectly, or even get close to modelling them accurately, especially over the medium to long term.