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Old 12-10-2018, 12:36 PM
 
Location: Islamabad , Pakistan/ Albany , NewYork
356 posts, read 324,385 times
Reputation: 173

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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
1,111 posts, read 1,064,193 times
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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
4,245 posts, read 2,313,996 times
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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
20,882 posts, read 22,185,024 times
Reputation: 17229
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
7,609 posts, read 6,020,533 times
Reputation: 5399
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
 
518 posts, read 253,180 times
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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, 11:02 PM
 
Location: San Antonio/Houston/Tricity
45,096 posts, read 64,485,082 times
Reputation: 104542
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
5,881 posts, read 2,779,360 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
 
Location: Western Asia
3,184 posts, read 1,731,665 times
Reputation: 2541
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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