Re:Blackouts have hit Iran. The government is blaming Bitcoi...
by azekai on Monday January 18, 2021 @12:48PM
(#25824356)
Yeah, actually. We aren't all millionaires but we are doing a hell of a lot better than most of the world per capita.
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Re:Blackouts have hit Iran. The government is blaming Bitcoi...
by aaomidi on Monday January 18, 2021 @08:30PM
(#25828922)
Yeah...because income inequality goes by %s. When America's 0.01% has so muuuuuch wealth, the lower class is still going to be FAR different from the upper class, but still have higher net wealth than other countries.
https://en.wikipedia.org/wiki/Gini_coefficient#/media/File:G...
Re:Blackouts have hit Iran. The government is blaming Bitcoi...
by user-the-name on Monday January 18, 2021 @12:52PM
(#25824428)
Re:Blackouts have hit Iran. The government is blaming Bitcoi...
by totalZero on Monday January 18, 2021 @02:47PM
(#25825762)
I don't see Iran on that list. Seems like mainly developed countries. Also, the US has a large amount of geographic cost-of-living disparity, and I am having trouble identifying whether these numbers are controlled for that.
Re:Blackouts have hit Iran. The government is blaming Bitcoi...
by user-the-name on Monday January 18, 2021 @05:08PM
(#25827265)
Other countries have that too, you know.
Fact is, United States is pretty shit when it comes to income inequality.
Re:Blackouts have hit Iran. The government is blaming Bitcoi...
by alentist on Saturday January 23, 2021 @09:08PM
(#25888305)
Income inequality isn’t the problem. Poverty is. [0]
I’m not automatically worse off because someone else is better off. That’s fallacious nonsense (the zero-sum fallacy). And it definitely does not meaningfully translate across countries, if what you’re interested in is human welfare.
[0] https://www.hoover.org/research/income-inequality-isnt-probl...