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>Most places that’s more than enough to live comfortably. “Comfortably” is certainly a matter of opinion. But that 17.3k is a purchasing-power parity average,
by scythe 7y ago
>Most places that’s more than enough to live comfortably.
“Comfortably” is certainly a matter of opinion. But that 17.3k is a purchasing-power parity average, targeted at HN’s largely rich-country leadership. The nominal average income per person in the world is 11.4k.
http://m.statisticstimes.com/economy/countries-by-gdp-capita.php http://m.statisticstimes.com/economy/countries-by-gdp-capita...
So we have taken the usual cost of living adjustments into account, and the question is, do you want to live on the equivalent of 17.3k per capita US relative to the cost of living in most of the US — somewhere like, say, Pittsburgh?
- tonyedgecombe 7y agoIt’s difficult to try and frame this. The price of any goods with constrained supply (higher education, housing and land) tend to increase to meet people’s ability to pay. It might make more sense to think in terms of a carbon budget if we are thinking about sustainability.
- RaiseProfits 7y agoThe major issue with this isn’t growth, it’s landlords and medical care having irrationally high prices based around a return on a good that should have no profit. Fuck growth.