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Old 12-10-2018, 12:36 PM
 
Location: Albany , NewYork
245 posts, read 241,146 times
Reputation: 110

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I find it remarkable that America despite having a Population of 330 Million People is still richer on average than smaller European countries . Not only that , but it has a higher HDI than majority of Europe despite having 10x the population and land. Usually countries with bigger population find it hard to develop and have a Good quality of life than countries which have a smaller population.

https://www.imf.org/external/datamap...ADVEC/WEOWORLD

IMF 2018 for per capita
You "forgot" to list: (from the link above).

Luxembourg $113.950
Switzerland $83.580
Norway $82.370
Macao SAR $81.590
Iceland $75.700
Ireland $75.190
Qatar $67.820

(elnina)

US $62.500
Denmark $61.230
Sweden $53.870
Netherlands $52.930
Germany $48.670
Canada $46.730
France $42.930
UK $42.260

IDK about you guys but I find it remarkable that a country with such a huge population has maintained such a high quality of life.

Last edited by elnina; 12-10-2018 at 11:21 PM..
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Old 12-10-2018, 12:40 PM
 
Location: Phoenix
908 posts, read 803,859 times
Reputation: 589
Very remarkable indeed. Add the fact that most places in the US are still affordable compare to EU.

US just need to work on universal healthcare and regulate crimes, this country can be a utopia.
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Old 12-10-2018, 04:24 PM
 
Location: Los Angeles
2,552 posts, read 1,389,241 times
Reputation: 2888
One issue with the measurement is that GDP Per Capita does not measure inequality. In addition, the Human Development Index (HDI) is not adjusted for inequality. Don't recall the study but I remember seeing an inequality adjusted HDI and the U.S. ranked 15th or 16th.

GDP per capita does not measure "quality of life" though I recognize it has its merits.

All that said, yes, the U.S. does pretty well for a large nation and agreed that universal healthcare is an additional area in which we need to improve.
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Old 12-10-2018, 05:08 PM
 
Location: East Coast of the United States
15,860 posts, read 18,501,890 times
Reputation: 11396
The United States is perhaps the best country for highly educated, career-oriented professionals. If you are not in this category, then you are likely not going to excel. It will be an uphill battle.

Other countries work better if you just want to be “average.”
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Old 12-10-2018, 06:50 PM
 
Location: Taipei, Taiwan
6,582 posts, read 4,782,668 times
Reputation: 4338
Quote:
Originally Posted by Astral_Weeks View Post
Don't recall the study but I remember seeing an inequality adjusted HDI and the U.S. ranked 15th or 16th.
More like 25th.
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Old 12-10-2018, 08:40 PM
 
386 posts, read 113,477 times
Reputation: 236
This is not remarkable at all because the US is the oldest fully neoliberal capitalist country of the world which means that is has a time advantage over the rest of the world. The US are now good in a system that they invented...is this such a big surprise...?!

It's like the horrible game Monopoly - those who start and buy the first are the onest with the most money at the end.

If you look at this list the highest whathever economic variables, they mirror the chronology of capitalism adoption.


Eastern Europe is behind Western Europe because it adopted neoliberal capitalism later and Western Europe is behind the US because it adopter neoliberlaism later than the US.

And some East Asian countries are above Eastern Europe because they adopted neoliberalism earlier.


And just by the way, the US is also the country with the world's highest prescription rate of psychopharmacology and ranks very high with depressions, this is clearly linked to neoliberal capitalism.


Nothing to be proud of, in my opinion. I feel sorry for everyone who is US-American and must live in the most brutal form of the world's capitalism and does not know alternative forms.
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Old 12-10-2018, 10:24 PM
 
Location: EU
21 posts, read 4,872 times
Reputation: 24
Extreme poverty returns to America. The U.N. finds growing numbers of Americans are living in the most impoverished circumstances. - The Washington Post

The U.S. Can No Longer Hide From Its Deep Poverty Problem. World Bank report - NY Times

Despite overall sustained GDP growth in US, some cities still hit hard by extreme poverty - USA Today

America's homeless population rises for the first time since the Great Recession - The Guardian

U.S. incomes rose but inequality widened in 2017: data - Reuters

Quote:
According to the World Bank, 769 million people lived on less than $1.90 a day in 2013; they are the world’s very poorest. Of these, 3.2 million live in the United States.
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Old 12-10-2018, 11:02 PM
 
Location: San Antonio/Houston
34,187 posts, read 52,598,974 times
Reputation: 84335
Statistics...
According to those the USA is # 8
https://data.worldbank.org/indicator...high_desc=true

https://www.statista.com/statistics/...dp-per-capita/

And on this USA is #9:
List of Countries by Projected GDP per capita 2018 - StatisticsTimes.com

And on this list USA is #18
https://www.thebalance.com/gdp-per-c...lowest-3305848

...etc...etc...

A study for the U.N. Human Rights Council has concluded 40 million people in the United States live in poverty -- and more than half of those live in "extreme" or "absolute" poverty.
Remarkable, indeed...

Read more: https://www.upi.com/UN-report-With-4...#ixzz5ZLhEIYwT

https://www.upi.com/UN-report-With-4...8671529664548/
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Old 12-10-2018, 11:48 PM
 
Location: Cebu, Philippines
2,645 posts, read 963,805 times
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Economy of scale has something to do with it. The US can market a product to 300 million people with a single distribution network and promotional campaign, unhindered be customs detail, or if an import, only a single layer of uniform redtape. This magnifies the GDP without having much impact on the HDI
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Old 12-11-2018, 12:05 AM
Status: "4 weeks left" (set 11 days ago)
 
Location: Western Asia
3,170 posts, read 1,256,176 times
Reputation: 2460
Quote:
Originally Posted by cebuan View Post
Economy of scale has something to do with it. The US can market a product to 300 million people with a single distribution network and promotional campaign, unhindered be customs detail, or if an import, only a single layer of uniform redtape. This magnifies the GDP without having much impact on the HDI
Not necessarily disagreeing with you but how do you explain China and India with 4 times the population of the USA not even matching our total GDP?
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