Fraser Nelson, over at the Spectator, has a little post about how the UK, Britain (the native home for both of us), is actually poorer than all but one of the US States. Tucking in right behind Alabama and just above Mississippi. Despite the fact that he once fired me [...]
Very much doubt the final conclusion of this Adam Smith institute fellow. They state that the bottom 10% is equally rich in Sweden/Finland than the US. If true, then income is a very poor barometer of quality of life. Or that the Swedish poor don’t need to use as much of their income on housing, day care, education etc
The conclusion is that Sweden make the rich poor. Which is not true as well, since while Sweden has income equality, it has a very poor wealth inequality. It’s just that the rich of Sweden decided (correctly) that there would be little backlash against them if they ensured for a more equal society instead of maximizing their income.
Tl;dr this article could be largely true but the biases revealed at the end question the their conclusions and methodology to reach it
It’s just that the rich of Sweden decided (correctly) that there would be little backlash against them if they ensured for a more equal society instead of maximizing their income.
lol, imagine crediting the filthy rich with only exploiting the rest of the population “enough” to keep them from revolting. They are still exploiting you and removing hoards of wealth not only from your economy but from the people who actually hold it up
Sweden has over 40 billionaires. The existence of 1 would prove you are just as fucked by capitalism as the rest of us, let alone 40+. All you are is a couple of years behind the rest of us in how much that capitalism is decaying.
Very much doubt the final conclusion of this Adam Smith institute fellow. They state that the bottom 10% is equally rich in Sweden/Finland than the US. If true, then income is a very poor barometer of quality of life. Or that the Swedish poor don’t need to use as much of their income on housing, day care, education etc
The conclusion is that Sweden make the rich poor. Which is not true as well, since while Sweden has income equality, it has a very poor wealth inequality. It’s just that the rich of Sweden decided (correctly) that there would be little backlash against them if they ensured for a more equal society instead of maximizing their income.
Tl;dr this article could be largely true but the biases revealed at the end question the their conclusions and methodology to reach it
I’d rather be poor in Sweden than rich in the US.
No offence.
You’d rather live in a white country than a diverse one, that’s what’s being said between the lines when we take out the excuses
Are you saying the US lacks social safety system because of black people? That’s a pretty fucking massively leap bro.
It’s not a leap when you see the same pattern with white leftists over the decades. It’s not a new thing, it’s called “white flight”
Or they would rather live in a country that doesnt treat its (poor) people like shit.
Nice try, but there’s a long pattern with neo-liberals not wanting to live around people of color and retreating to “whiter” neighborhoods.
It’s called “white flight” and it’s part of the systemic racism we talk about often
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lol, imagine crediting the filthy rich with only exploiting the rest of the population “enough” to keep them from revolting. They are still exploiting you and removing hoards of wealth not only from your economy but from the people who actually hold it up
Sweden has over 40 billionaires. The existence of 1 would prove you are just as fucked by capitalism as the rest of us, let alone 40+. All you are is a couple of years behind the rest of us in how much that capitalism is decaying.
Uh… What? That makes absolutely no sense.