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>In some limited ways that’s even true today. GDP per capita in America is about $64K, world GDP per capita is about $11K ($17K PPP). If you think Americans ar
by tonyedgecombe 5y ago
>In some limited ways that’s even true today.
GDP per capita in America is about $64K, world GDP per capita is about $11K ($17K PPP). If you think Americans aren't that well off then you are mistaken.
- benreesman 5y agoIIUC GDP per capita is roughly the arithmetic mean? The United States is winding down it’s run as the most productive, innovative, dynamic economic superpower in the recorded history of humanity. That was inevitably going to create the odd Ken Griffin, or Jim Simons, or Jeff Bezos or whatever. But to the median person, it’s cold fucking comfort that Bezos is dragging the average up via his useful deployment of capital while they are literally cold.
- imtringued 5y ago>world GDP per capita is about $11K ($17K PPP) That number is being dragged down by a huge number of people in global poverty. There is enough potential here to get to $30k PPP and I'd say that would be enough "wealth" for the vast majority of people.