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.
Too late, PRC does not do dual citizenships lol. I have US citizenship now so PRC citizenship is automatically revoked. No going back. (It’s not like I want to tbh).
But AFAIK, Hukou issues is still a problem.
Language is probably my biggest issue. My English is literally like 10x better than my knowledge of Chinese, so there’s no way I’d fit in, I mean I could probably read signs, but I can’t do any serious conversations.
I think people are still trying to emigrate, during the Biden admin, there were supposedly a lot of Chinese nationals trying to enter without permission via the Mexican border, I think thery were trying to claim Asylum or something, but with this admin’s autocratization, that went down. But there are still a lot of other (Non-US) western countries people try to go to.