> No, this is not correct. People in the US creating wealth does not at all prevent people in other places from creating wealth, including places from which the US imports resources. Nor does wealth creation in the US require a low standard of living in other countries.
Asserted without evidence.
Also asserted in the face of almost utter contradiction with the historical record.
It is true that someone in the US "creating wealth" by baking delicious cakes does not stop someone in a country with lithium reserves from creating wealth through mining.
But it is not true that someone the US "creating wealth" by using cheap local labor, corruption and impenetrable market access to mine that same lithium is not interfering with local wealth development.
> The primary cause of low standard of living is misgovernment.
This is absurdly myopic. Countries with low standards of living generally have GDP levels low enough that even distributing it evenly would not move them noticeably out of the classification. People in the world who are poor are poor because (a) other people have taken resources the poor might have used to improve their own conditions (b) other people have created barriers (social, civic, physical, cultural) to poor people accumulating wealth (c) other people in the world have a vested interest in there being poor people.
Some of that is tied up with governments, some of it is not. Rich, selfish greedy people exist under all forms of government, though some forms of government deal with them more effectively in terms of neutering their ability to negatively impact a lot of people.
Asserted without evidence.
Also asserted in the face of almost utter contradiction with the historical record.
It is true that someone in the US "creating wealth" by baking delicious cakes does not stop someone in a country with lithium reserves from creating wealth through mining.
But it is not true that someone the US "creating wealth" by using cheap local labor, corruption and impenetrable market access to mine that same lithium is not interfering with local wealth development.
> The primary cause of low standard of living is misgovernment.
This is absurdly myopic. Countries with low standards of living generally have GDP levels low enough that even distributing it evenly would not move them noticeably out of the classification. People in the world who are poor are poor because (a) other people have taken resources the poor might have used to improve their own conditions (b) other people have created barriers (social, civic, physical, cultural) to poor people accumulating wealth (c) other people in the world have a vested interest in there being poor people.
Some of that is tied up with governments, some of it is not. Rich, selfish greedy people exist under all forms of government, though some forms of government deal with them more effectively in terms of neutering their ability to negatively impact a lot of people.