Re:Global economic inequality: what matters most is where yo...
by s1artibartfast on Friday December 10, 2021 @05:14PM
(#29516089)
yeah, it sounds like we interpreted "whitewash the staggering amount of wealth and power is held by American oligarchs" in different ways.
I took it as minimizing the disparity between rich and poor countries.
I don't know how to reconcile your interpretation with the idea that someone should feel guilty for having a higher dollar income but the same PPP income as someone else.
Looking at the article, it uses the term "international dollars" instead of "PPP adjusted dollars," so I think the original comment just missed that the dollars are actually adjusted.
It makes sense if you read the original comment as a criticism of the article ("whitewash the staggering amount of wealth and power is held by American oligarchs" is, I think, pretty clearly a bad thing to do) which just missed that the dollars in the article were adjusted.