[dstick]

Well it's sorta true, but the important difference is that the bottom poverty line is higher than in the US, and we do have better social security. Still, the gap is growing. Though recent changes in real-estate legislation are putting a stop to that. Yes, there are the mega rich, entrepreneurs and whatnot. Like it or not, they do participate in society in a way that moves the needle.

Means for the slightly-better-off middle class to exploit the lower class through rent are being thwarted, thankfully. They just allow one half of the population to exploit the other half without providing any tangible benefit in return.

Source: I'm born in, and living in, the Netherlands.

[Bootvis]

No, the statement is mostly false. The famous Economics Explained video is debunked. Of course, there is inequality and maybe it is too much but is not of a ridiculous level compared to the rest of the world.