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Re:“Great resignation” wave coming for companies by RealDeal123 on Monday June 14, 2021 @04:44PM (#27508059)
US GDP has been lower than China GDP since 2019 and if anything the pandemic accelerated the process of Chinese economic outpacing the US economy. In China there is enough money for everyone to have living wage too. And you pay for you healthcare in China too even though their GDP is enough to cover it for all Chinese citizens. Apparently they are focusing on the big picture, i.e. becoming No.1 and surpassing US by a long shot. Making our currency inflate at 5% a year means we need to deduct that 5% from our GDP growth for that year -- its economics 101.
Re:“Great resignation” wave coming for companies by onethought on Monday June 14, 2021 @06:12PM (#27508995)
You want to use China as an example? Sure!

China has the fastest growing and largest middle class (or middle income earners) in the world. They prove exactly the point I’m making. There will come a point in time where there are less people (%) living in poverty in China than in the US if you follow the current trend lines.

Also you are only kind of right with “you pay for healthcare”. It’s heavily subsidised… compared with the US.

Re:“Great resignation” wave coming for companies by RealDeal123 on Tuesday June 15, 2021 @11:31AM (#27516913)
Your assumptions are totally incorrect. US has the most subsidized healthcare in the world by GDP. That's for starters. Second, I gave you hard data. What do you give me? Your wishful thinking that China will adhere to your wishes? And start paying for nothing? The Party doesn't pay for nothing. In China you work. And you pay for your doctor.
Re:“Great resignation” wave coming for companies by CRConrad on Friday June 18, 2021 @04:22PM (#27554564)
> US has the most subsidized healthcare in the world by GDP.

No. Just... No, absolutely not. That's among the most factually incorrect statements I've seen anywhere online, let alone on HN. Why would you even write something like that; are you really so utterly ill-informed, or just plain lying?

Re:“Great resignation” wave coming for companies by onethought on Saturday June 19, 2021 @07:31AM (#27559637)
I think in a really stupid way, it’s correct.

As in: The US spend more on healthcare as a percentage of gdp.

But it pretends that capital efficiency between government spending is equal. As Australia shows: free hospitals for less per/capita(or gdp) spending than the US…

Re:“Great resignation” wave coming for companies by onethought on Tuesday June 15, 2021 @06:26PM (#27522369)
Why is us health care so expensive then? In Australia drs and hospitals are free… there is no cost. How do you subsidise more than that?

In the US I’ve used the hospital system once (minor treatment, no over night stay) my insurance paid $4000+ usd. In China I’ve used the hospital system for a fairly serious physical injury and was treated very quickly, couple hours and I paid ~$600 rmb.

Re:“Great resignation” wave coming for companies by CRConrad on Friday June 18, 2021 @04:27PM (#27554626)
> In China I’ve used the hospital system for a fairly serious physical injury and was treated very quickly, couple hours and I paid ~$600 rmb.

What does "~$600 rmb" mean? That '$' character is usually called a dollar sign. Do you mean "about US$ 600, but in Renminbi"; or are you just using the dollar sign as a general currency sign, to say "about 600 Renminbi"?

Re:“Great resignation” wave coming for companies by onethought on Saturday June 19, 2021 @07:19AM (#27559593)
600 rmb.

Emphasising my point what does $150USD get you on an American hospital - maybe a Tylenol?

Re:“Great resignation” wave coming for companies by munk-a on Monday June 14, 2021 @06:52PM (#27509364)
China achieving an equivalent standard of living would probably not work out so well for the authoritarian government there - but it would work out surprisingly well for Marxism. Actually equalizing US and Chinese wages would lead to an extreme acceleration of other areas with depressed wages and, potentially, lead to the world becoming more equal in wages without the current assumed approach - that US wages will deflate quite significantly.

A world where China elevates itself to the US's level is one we should celebrate in the west as it means we need to suffer less ourselves.

Also, the world is well beyond being a zero sum game economically, most of the biggest economic drivers these days are "silly and irrelevant" things like Facebook, Banking and the service industry. All the world can be well off.

Re:“Great resignation” wave coming for companies by AussieWog93 on Monday June 14, 2021 @08:56PM (#27510201)
>China achieving an equivalent standard of living would probably not work out so well for the authoritarian government there

That myth has been disproven long ago. Achieving a high standard of living and level of education does not magically cause people to pour into the streets and protest against their authoritarian governments.

>A world where China elevates itself to the US's level is one we should celebrate in the west as it means we need to suffer less ourselves.

A world where Xi Jinping is in charge of the global economy is a world where fundamental dignity is stripped from anyone who isn't Han, white-collar, hyper-nationalistic and living on the East Coast of Mainland China.

Many nations in Asia are gearing up economically and militarily to make sure this cannot happen.

Re:“Great resignation” wave coming for companies by munk-a on Tuesday June 15, 2021 @12:45PM (#27517988)
> That myth has been disproven long ago. Achieving a high standard of living and level of education does not magically cause people to pour into the streets and protest against their authoritarian governments.

While a flip doesn't instantly switch it does cause an erosion of the stability of the government. An enlightened populace is less accepting of authoritarianism than an unenlightened one and the excess luxury time that wealth creates leads more of the populace to enlighten themselves.

Re:“Great resignation” wave coming for companies by onethought on Tuesday June 15, 2021 @05:39AM (#27513015)
This is mild fear mongering - I’m skeptical of Xi myself. But You are projecting the colonial powers’ treatment of the world onto a nation that has never done anything close to what you describe.
Re:“Great resignation” wave coming for companies by AussieWog93 on Tuesday June 15, 2021 @07:29PM (#27522955)
>But You are projecting the colonial powers’ treatment of the world onto a nation that has never done anything close to what you describe.

Please read some Chinese history. You'll see the exact same level of brutality, imperialism and aggression shown by the European empires, from Rome to Britain.

Much of central and Western China was only conquered during the last 500 years (basically the same period as European colonialism). They too, experienced forced cultural assimilation and ill treatment. They didn't conquer the globe in the way the Europeans did, but equally they didn't have the naval technology to do so.

Re:“Great resignation” wave coming for companies by onethought on Wednesday June 16, 2021 @08:24AM (#27527690)
Ok… heard of Kublai Khan? Part of the mongol empire circa 1200s preceding the colonial powers existence by a good 500-600 years… That was the Yuan Dynasty (in china) and they conquered a whole lot more than modern day china.

Now since Yuan, you’ve had Ming and Qing… neither of which were particularly aggressive outside of their borders… and Qing was of course the start of the Opium wars, where the colonial powers essentially raped china for all its resources.

With regard to your strange Naval quip. You should look up the Chinese treasure ship. (Ming dynasty)… predates the colonials naval power.

So which Chinese in particular would you like me to read about? Everything you said is factually incorrect. To a laughable degree. I recommend you watch Marco Polo on Netflix, it’d teach you something.

Re:“Great resignation” wave coming for companies by CRConrad on Friday June 18, 2021 @04:30PM (#27554670)
If you're getting your historical education from Netflix, maybe you're not the right person to berate others for theirs.
Re:“Great resignation” wave coming for companies by onethought on Saturday June 19, 2021 @07:21AM (#27559602)
I don’t. Just suggesting that EVEN Netflix would prove OP points wrong.

I’ve got a major in Chinese History. Maybe get one of those too and come back and we can chat?

Re:“Great resignation” wave coming for companies by CRConrad on Monday June 21, 2021 @07:23AM (#27578134)
Naah, doesn't seem worth it, just for the sake of this discussion. ;-)

Sorry, must have missed the meaning of the "even", so the more charitable reading didn't occur to me.

Re:“Great resignation” wave coming for companies by RealDeal123 on Tuesday June 15, 2021 @11:46AM (#27517157)
People are the same. China is very well known for its extreme nationalistic tendencies. The Party to stay in power must be really, really to the right in terms on nationalism. Without nationalism the Party has no chance staying in power. Read up on the topic. And yes, they treat their minorities extremely bad. Including concentration camps for Ughurs. US compared to them is a pure equality heaven.
Re:“Great resignation” wave coming for companies by onethought on Tuesday June 15, 2021 @06:31PM (#27522434)
The US comparison is just not true, you are ignoring the vast majority of US history when you say something like that.

Nationalism is not the same as subjecting your surrounding neighbours, which is the implication that the OP was making.