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> The reason why nannies are affordable in China is because those nannies aren't paid very much, and consequently enjoy a much lower standard of living than the
by betaby 1mo ago
> The reason why nannies are affordable in China is because those nannies aren't paid very much, and consequently enjoy a much lower standard of living than their employers. In Netherlands, nannies are relatively expensive, but you the employee is much closer to the socioeconomic stratum to that of their employer.
In Canada there are people making peanuts and living very poorly while technically inequality is low. The problem in Canada and other developed countries is excessive taxation of salaries.
That's an orthogonal to wealth problem.
- triceratops 1mo ago> The problem in Canada and other developed countries is excessive taxation of salaries. That's an orthogonal to wealth problem. I'd argue it's part of the same problem. Salaries are excessively taxed in developed countries because wealth is so lightly taxed. People with wealth have outsize influence in law and policy. They can make all sorts of fancy arguments for why taxing wealth is bad. But money for government services has to come from somewhere. So regular working stiffs end up screwed.