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As far as elites’ incomes are concerned, Japan morphed from a society whose income distribution was as unequal as that of the United States on the eve of the stock market crash of 1929—a high-water mark of the “1 percent”—to one akin to Denmark today, the most equal developed country in the world today in terms of top income shares. And elites’ wealth had been largely wiped out: only Lenin, Mao, or Pol Pot could have done a more thorough job (see chapter 7). But Japan had not achieved the ideal of “getting to Denmark,” nor had it been taken over by raving communists. What it had done instead was enter—or, depending on one’s definition, start—World War II, first by trying to establish control over China and then by setting up a colonial empire that reached from Burma in the west to the atolls of Micronesia in the east and from the Aleutians north of the Arctic Circle to the Solomon Islands south of the equator. At the height of its power, it laid claim to roughly as many souls as the British Empire did at the time—close to half a billion people, or a fifth of the world population.
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Walter Scheidel (The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century (The Princeton Economic History of the Western World Book 74))