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Basically, everybody is mooching off of prior inventors' work due to patent expiration. The point about higher rents, education, health costs, etc, is a miscal

Basically, everybody is mooching off of prior inventors' work due to patent expiration. The point about higher rents, education, health costs, etc, is a miscalculation of inflation. There's a difference between two things: (1) the undesirability of a 1000x/2x split due to increased demand for the fixed supply of land and genius doctors, which means the 1000x/2x didn't properly account for inflation, and (2) the fact that it'd be way cooler to have a properly-inflation-adjusted 990x/12x income split than 1000x/2x, among 50%/50% of the population. On the other hand, Haiti and the Dominican Republic have equal populations and a 10x income difference, and I'm not shedding a single tear over it.

coldtea 7y ago
>The point about higher rents, education, health costs, etc, is a miscalculation of inflation. There's a difference between two things: Yes. But both things hold, and will (2) is "nice to have", the (1) also actively declines quality of life and prospects for many people. But sure, they have better gadgets than in the 60s, so there's that. >On the other hand, Haiti and the Dominican Republic have equal populations and a 10x income difference, and I'm not shedding a single tear over it. And Mexico has a very unequal population (a few huge moguls and tons of poverty) and its quality of public infrastructure, infant mortality, and other metrics, US begins to descend to... E.g.: "Using a combination of data from Blue Cross Blue Shield, the CDC, and prior health studies, the report predicts millennials will achieve the new triple threat of being sicker, broker, and dying younger than the previous generation, Gen X." https://www.bcbs.com/sites/default/files/file-attachments/health-of-america-report/HOA-Moodys-Millennial-10-30.pdf https://www.bcbs.com/sites/default/files/file-attachments/he... And Switzerland is usually even richer GDP per capita and average wage than the US, and with much better infrastructure, service, and quality of life (e.g. it's much cleaner, less full of homeless people and crazes, rarer to get shot by a cop, and so on). It's almost as if you can have more equality without Haitian results...

coldtea 7y ago

>The point about higher rents, education, health costs, etc, is a miscalculation of inflation. There's a difference between two things: Yes. But both things hold, and will (2) is "nice to have", the (1) also actively declines quality of life and prospects for many people. But sure, they have better gadgets than in the 60s, so there's that. >On the other hand, Haiti and the Dominican Republic have equal populations and a 10x income difference, and I'm not shedding a single tear over it. And Mexico has a very unequal population (a few huge moguls and tons of poverty) and its quality of public infrastructure, infant mortality, and other metrics, US begins to descend to... E.g.: "Using a combination of data from Blue Cross Blue Shield, the CDC, and prior health studies, the report predicts millennials will achieve the new triple threat of being sicker, broker, and dying younger than the previous generation, Gen X." https://www.bcbs.com/sites/default/files/file-attachments/health-of-america-report/HOA-Moodys-Millennial-10-30.pdf https://www.bcbs.com/sites/default/files/file-attachments/he... And Switzerland is usually even richer GDP per capita and average wage than the US, and with much better infrastructure, service, and quality of life (e.g. it's much cleaner, less full of homeless people and crazes, rarer to get shot by a cop, and so on). It's almost as if you can have more equality without Haitian results...