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> The focus always goes to China's per capita GDP, but it's a very misleading way to measure economic parity. People get upset about America's wealth inequality
by anamax 15y ago
> The focus always goes to China's per capita GDP, but it's a very misleading way to measure economic parity. People get upset about America's wealth inequality - China's wealth inequality is several orders of magnitude worse.
Relative wealth inequality is the wrong measure.
If I've got food and shelter, I'm better off than if I don't, no matter how much you have.