this post was submitted on 23 Nov 2025
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Despite the US’s economic success, income inequality remains breathtaking. But this is no glitch – it’s the system

The Chinese did rather well in the age of globalization. In 1990, 943 million people there lived on less than $3 a day measured in 2021 dollars – 83% of the population, according to the World Bank. By 2019, the number was brought down to zero. Unfortunately, the United States was not as successful. More than 4 million Americans – 1.25% of the population – must make ends meet with less than $3 a day, more than three times as many as 35 years ago.

The data is not super consistent with the narrative of the US’s inexorable success. Sure, American productivity has zoomed ahead of that of its European peers. Only a handful of countries manage to produce more stuff per hour of work. And artificial intelligence now promises to put the United States that much further ahead.

This is not to congratulate China for its authoritarian government, for its repression of minorities or for the iron fist it deploys against any form of dissent. But it merits pondering how this undemocratic government could successfully slash its poverty rate when the richest and oldest democracy in the world wouldn’t.

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[–] 52fighters@lemmy.sdf.org 10 points 4 days ago (21 children)

Over 90% of Chinese households would be below the US poverty line. Their GDP per capita is only $13k.

[–] devedeset@lemmy.zip 11 points 4 days ago (6 children)

The truth is somewhere in the middle. GDP per capita is not really a good measure of quality of life on its own.

Historically the USA has brought a lot of people (most?) out of poverty by the world standard. Recent policy seems to be heading in the opposite direction. Quality of life has been declining for a long time, IMO mostly with our sense of community, the completely broken healthcare system, media consolidation, absurd levels of car dependency, high cost of having children, and a whole bunch of other location-specific factors (like cost of living in metro areas)

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[–] fibojoly@sh.itjust.works 6 points 3 days ago (3 children)

US cost of life has got nothing to do with Chinese cost of life though.
You need to understand that most basic stuff is cheap, in China. I can feed myself heartily for like a dollar a meal. And that's if I don't want to cook!
I appreciate you talk about GDP, but those $13k are more like $130k when you live there. I was earning $20k and that was a comfortable life with no worries, on par with what I have now in Europe around 40k€.

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[–] ISuperabound@lemmy.world 2 points 3 days ago (4 children)

Nobody should use GDP to measure the health of a region…all it really measures is how many rich people are present.

Also…how can you compare apples to oranges like that? Income is half of the equation. Are you aware of the corresponding cost of living/spending power over there? You have to know it’s significantly more affordable.

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[–] reksas@sopuli.xyz 3 points 3 days ago

GDP is good measurement only for rich people yacht money though

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[–] finitebanjo@lemmy.world 7 points 4 days ago (1 children)

Different starting points, it used to be 8/10 Chinese living in extreme poverty.

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