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Income In European States

The right likes to squeal a lot about Socialism. The following interesting litle graphic seems to show that is hot air.
There are no socialist countries in that litle[sic] graphic. There are some formerly socialist countries (former USSR, former Yugoslavia and some eastern European countries) and they tend to have long 1 million Euro times. I guess they are still reeling from all the blessings of actually existing socialism.

Btw, what's the benefit of presenting the data that way? Why not simply just report median incomes? And speaking of "median", I suspect that's what they mean by "average", rather than the mean income. Overall, a rather amateurish litle[sic] graphic.
 
A million dollar can buy a vastly different amount of goods in different systems.
1 gigabit internet in Russia is about $6-7.
Was it here someone posted a video of a british guy living on ~$40 a month?
I mean he pays things like utilities and have 40 of british "dollars" left.
He does laundry in the sink.
 
Since it's not shown, the average time in the US is 17 years.

What it doesn't show is after taxes/expenses, real take home vs. gross, etc. I suspect a lot of that will make other countries look much better compared to the US.
 
An appraiser I hired last yr told me he was saving, planning to retire to Russia. Said he could buy a 3 bed 3 bath newly built home in a gated community with security, tons of amenities, gorgeous landscaping etc etc …
All for about $200kUSD.

I bit my tongue … I wouldn’t buy a residence there for a plugged nickel, as long as Russia remains a shithole dictatorship under a bloodthirsty genocidal sociopath.
 
The right likes to squeal a lot about Socialism. The following interesting litle graphic seems to show that is hot air.
There are no socialist countries in that litle[sic] graphic. There are some formerly socialist countries (former USSR, former Yugoslavia and some eastern European countries) and they tend to have long 1 million Euro times. I guess they are still reeling from all the blessings of actually existing socialism.

Btw, what's the benefit of presenting the data that way? Why not simply just report median incomes? And speaking of "median", I suspect that's what they mean by "average", rather than the mean income. Overall, a rather amateurish litle[sic] graphic.
To the average MAGA person, almost all of Europe is "socialist" which is the definition I suspect CC is using.
 
Joke.

Bill Gates goes into a dive bar and orders a drink. One bar regular turns to another and says, "By average, this bar now has the wealthiest clientele".
 
An appraiser I hired last yr told me he was saving, planning to retire to Russia. Said he could buy a 3 bed 3 bath newly built home in a gated community with security, tons of amenities, gorgeous landscaping etc etc …
All for about $200kUSD.

I bit my tongue … I wouldn’t buy a residence there for a plugged nickel, as long as Russia remains a shithole dictatorship under a bloodthirsty genocidal sociopath.
Yes, but you are only looking at the dark side of things. Look on the bright side.
 
An appraiser I hired last yr told me he was saving, planning to retire to Russia. Said he could buy a 3 bed 3 bath newly built home in a gated community with security, tons of amenities, gorgeous landscaping etc etc …
All for about $200kUSD.

I bit my tongue … I wouldn’t buy a residence there for a plugged nickel, as long as Russia remains a shithole dictatorship under a bloodthirsty genocidal sociopath.
Yup--places that are cheap to live in are almost always that way for a reason.
 
The right likes to squeal a lot about Socialism. The following interesting litle graphic seems to show that is hot air.
You're right, it is hot air. It takes longer to get to a million the farther you are from here...
mount-fagradalsfjall-2-2000-cf1c1aa921bf4013a5b096dad76bc4e5.jpg
 
Yes. All those Democratic Socialist parties running things in Europe.
You are mixing up democratic socialism and social democracy. The former rejects capitalism and seeks public ownership and control of the means of production. The latter seeks to work within a capitalist, market economy framework. For the most part, left-of-center major parties in Europe are social democratic. There are some actual socialists, like Jezza Corbyn (luckily put out to pasture) and people like Yanis Varoufakis, who was Greek finance minister for a short time mercifully. Both these socialists also like Hamas - go figure.
 
To the average MAGA person, almost all of Europe is "socialist" which is the definition I suspect CC is using.
It is mostly not MAGAs but left-wing posters on here and also some left-wing politicians who are confusing capitalist countries in Europe with socialism.
Look also at politicians like AOC who is a card-carrying member of DSA but doesn't really understand DSA's tenets, like support for seizing the means of production (although they want to seize them "democratically" rather than through a proletarian revolution like RevComs).

CC also doesn't strike me as a MAGA.
 
A million dollar can buy a vastly different amount of goods in different systems.
True. That's why the concept of purchasing power parity (PPP) was developed.
Real money (rather than PPP) comes to play when you don't just buy local goods and services but want to buy something global, like buy a car. Or travel abroad.

1 gigabit internet in Russia is about $6-7.
Doubtful, at least outside major cities.
 
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