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Look at this table https://en.m.wikipedia.org/wiki/Disposable_household_and_per_capita_income https://en.m.wikipedia.org/wiki/Disposable_household_and_per...
by loxodrome 1y ago
Look at this table
https://en.m.wikipedia.org/wiki/Disposable_household_and_per_capita_income https://en.m.wikipedia.org/wiki/Disposable_household_and_per...
The USA has the highest median disposable income (purchasing power) per household.
How could you possibly believe that capitalism is making Americans and other capitalist countries worse off?
There’s a reason practically everyone wants to move to those places!
- pbhjpbhj 1y agoWe're talking about wealth distribution within countries.
- loxodrome 1y agoMedian disposable income is a key statistic describing the distribution of wealth… half the population makes more and half makes less, so it tells you the central tendency, that is, how the middle class is doing.