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A comment on Acer’s First Chromebook with Snapdragon 7c Is Ultraportable, 4G LTE Equipped. Parent comment

Re:Acer’s First Chromebook with Snapdragon 7c Is Ultraportab... by lotsofpulp on Monday October 26, 2020 @12:02PM (#24897606)
Life is pretty awesome for top 10% in the US compared to European countries, and comparable for top 20%. But bottom 80% in Europe will have have better quality of life than bottom 80% in the US, which is the source of those price savings on everyday items and 3x incomes for “qualified” workers.
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Re:Acer’s First Chromebook with Snapdragon 7c Is Ultraportab... by Jyaif on Tuesday October 27, 2020 @01:30PM (#24909697)
Not sure about your percentages, but yes in essence this is the pros and cons of socialist countries. Now the question is wether this is good for a given country in the long run, knowing that socialist countries will tend to attract poor people, and will tend to lose some of their rich people.

If there is a correlation between an individual's economic success and that individual's contribution to society, then socialist countries will become less and less competitive compared to the other countries who on the contrario will be gaining people that contribute more to society and losing people that contribute less.

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