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A comment on Nokia’s collapse turned a sleepy town in Finland into an internet wonderland. Parent comment

Re:Nokia’s collapse turned a sleepy town in Finland into an ... by pengstrom on Wednesday October 30, 2019 @07:24AM (#21396471)
Still, the USA has a much higher GDP per capita:

USA: $60k Finland: $45k

So there's no reason Americans shouldn't have the same level of comfort.

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Re:Nokia’s collapse turned a sleepy town in Finland into an ... by alexpetralia on Wednesday October 30, 2019 @08:05AM (#21396740)
However there's substantially more income inequality in the U.S., so GDP per capita won't capture the distribution of that wealth particularly well.
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Re:Nokia’s collapse turned a sleepy town in Finland into an ... by kmlx on Wednesday October 30, 2019 @08:47AM (#21397075)
GDP per capita is pretty much useless nowadays.
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Re:Nokia’s collapse turned a sleepy town in Finland into an ... by danans on Wednesday October 30, 2019 @12:03PM (#21399178)
It's useful in as much as it provides a basis for comparison between differences in the base standard of living between equivalent gdp/capita societies, like Finland and the US, which is what the parent was doing.

It's not, however, useful as the sole metric for evaluating the economic condition of a society.

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