Teräskantaisia

Teräskantaisia refers to a colloquial term used in Finland to describe a specific type of income inequality. The phenomenon is characterized by a disproportionately high share of wealth concentrated among a small group of individuals who have a high income, typically belonging to the upper class. These individuals often possess significant investments and assets, such as stocks, property, and businesses, which contribute to their high net worth.

The Teräskantaisia phenomenon is often attributed to the country's strong welfare system, which has led to aowell-developed social safety net and high standard of living. However, this has also resulted in a widening gap between the rich and the poor. Critics argue that the system has created an environment where it is easy for individuals to accumulate wealth, but provides limited opportunities for those who are not already wealthy to improve their socio-economic status.

The term Teräskantaisia literally translates to "iron-clawed ones," implying a firm grip on wealth and power. It is often associated with the idea of a small group of individuals who hold a disproportionate amount of influence and wealth in society. The phenomenon has been the subject of public debate in Finland, with some calling for policy changes to address income inequality and promote social mobility. Others argue that the concept is a product of Finland's high standard of living and should not be seen as a negative phenomenon.