freediver wrote on Apr 5
th, 2022 at 7:49pm:
Quote:The topic is relative poverty
Ok. Tell us what that is. Don't lie this time.
Quote:whereas relative poverty is decreasing in China
You are lying.
Quote:Wrong. China has lifted the living standards of the lowest decile (a huge number of people) in the last 3 decades
You mean the CCP has ceased starving them to death? That is not the same thing as reducing inequality.
Quote:Rate of increase in per capita wealth affects both wealth and inequality.
Tell me, what is the difference between tripling you GDP, and living off 30 grains of rice per day instead of 10?
Ah - so it's RELATIVE poverty... if I can find 300 grains of rice for my family instead of 150, I am not impoverished?
Let's look at this:-
" China Monthly Earnings stood at 1,225 USD in Dec 2020, compared with the previous figure of 1,071 USD in Dec 2019
China Monthly Earnings data is updated quarterly, available from Mar 2000 to Dec 2020, with an average number of 316 USD
The data reached the an all-time high of 1,225 USD in Dec 2020 and a record low of 83 USD in Jun 2000
CEIC calculates Monthly Earnings from quarterly Earnings divided by 3 and converts it into USD. The National Bureau of Statistics provides year-to-date Average Wage in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings cover urban population only."
Now, lessee.... last time I looked into this - average annual earnings in China were $7k or so - while car workers made $57k .... so lessee.... so $1225 a month in China in US dollars = $14,700 US.
Now that may not mean a whole lot out here..... but when the LOWEST figure was 83 USD per month = 996 USD a month in urban areas - it seems to me there are one hell of a lot of people in non-urban areas with no industry who are on a hell of a lot less.....
I'm just guessing on figures here.... but how do those people compete for basic foodstuffs and such?
I thought this was the controlled enterprise paradise.... seems that is not the case..... I've bought nice artworks online from China for a few cents..... I wonder how much the actual producer of that work got...... I felt so guilty knowing that the worker who produced it on piece work would receive nothing - I will not do it again.
Feeling like a vulture is not my strong suit....
How do YOU feel about the piece workers who are paid on the sale price of their product - say less than a dollar total for producing a nice metal worked dragon or similar??