Earlier quoted context omitted.
Great point. Nordic countries and other rich European countries owe large part of their success to colonization in the past. For example, Belgium performed mass genocide in Congo, enslaved the people and stole the natural resources in the country. So, today people in Belgium live comfortably, since the modern Belgium is built on top of African slaves' pile of bones. About half of GDP of Belgium, Denmark, Sweden, Finl…
> Nordic countries [...] owe large part of their success to colonization in the past. The Nordic countries had no (or negligible) colonies. The Nordic countries are Denmark, Sweden, Finland, Iceland and Norway.
The American Dream Is Alive in Finland
91–100 of 160 posts
Re: The American Dream Is Alive in Finland
#92Earlier quoted context omitted.
how convenient, to pick and make it native vs foreign born? you know better than that! https://en.wikipedia.org/wiki/Demography_of_the_United_State...
Diversity, as understood as a possible problem for social cohesion, is not about race: it's about culture. And the vast majority of Americans in the US have only one culture: the American one. The exception for this is first (and sometimes second) generation immigrants. That's why I use the native vs foreign born statistic.
I don't think there is one unifying American culture. There are some common cultural elements, but there are fairly distinct regional (as well as racial/ethnic) cultures in the US.
Re: The American Dream Is Alive in Finland
#93Earlier quoted context omitted.
how convenient, to pick and make it native vs foreign born? you know better than that! https://en.wikipedia.org/wiki/Demography_of_the_United_State...
Diversity, as understood as a possible problem for social cohesion, is not about race: it's about culture. And the vast majority of Americans in the US have only one culture: the American one. The exception for this is first (and sometimes second) generation immigrants. That's why I use the native vs foreign born statistic.
And even among whites, there are distinct cultures. I was confused why I didn't enjoy living in Massachusetts, until I read this: http://slatestarcodex.com/2016/04/27/book-review-albions-see... and it started to make more sense. I've got Borderer roots :)
Re: The American Dream Is Alive in Finland
#94Earlier quoted context omitted.
Well, sure. But Norway's production is 1.9 million barrels per day ( https://en.wikipedia.org/wiki/List_of_countries_by_oil_produ... ), and its population is 5.1 million, so 1.9M * 40 * 365 / 5.1M = $5.4K per person per year. The US's GDP would be yet higher if it could sustain an increase in petroleum production by 75% or so.
Sorry, redid my math. Even if you assume 5.4k/person from oil with zero costs there is a 30k/person per year difference in nominal GDP. And a much larger gap in PPP.
What's your narrative here? Is the Norway vs. Sweden difference due to something OTHER than oil? They're very similar countries! If you're seeing the Norway vs. Sweden thing as due to something other than oil, what are you arguing is unique to Norway? If you do agree that Norway's GDP/capita advantage over its neighbors is due to oil, you have to accept that a resource advantage that produces a few thousand dollars/year in direct purchase, basically stimulates AD to the point where the entire economy goes up and snowballs into a few tens of thousands of dollars per year.
To be clear, I don't think that our views are wildly distinct. I'm not a hater of the Nordic countries. But Norway is an outlier from the other Nordics, and the only plausible explanation I can come up with for its outlier status is oil. So I don't think it's a very useful reference point.
Re: The American Dream Is Alive in Finland
#95Earlier quoted context omitted.
>Individuals don't care about their ability to change their percentile, they care about their ability to change their total income. I think most individuals would prefer a "non-mobile" $60k increase in income versus a "mobile" $40k increase in income. You can't spend percentiles. I highly dispute this. Take it as a completely different world view but I think if people were given a choice: 1 >a nominal income of $100k…
Depends. Can I opt for the $100k income and then move to the $60k neighborhood?
Re: The American Dream Is Alive in Finland
#96Earlier quoted context omitted.
"I look at the US and see a system that seems designed to breed crime, poverty and prostitution." While at the same time producing the highest GDP per captia in the world, the most number of people with college education, and leadership in probably 80% of global industries? The US doesn't 'breed' anything - communities 'breed' themselves. I suggest the US could do a little better with the social safety net, and possi…
I've never seen poverty in developed nations like I did in Atlanta, except maybe in Aborigines of Perth, Australia. It seems to me, although I haven't lived it, that food stamps cause more problems than cash handouts.
US: 633782 / 314000000 => 202 homeless per 100,000
Finland: 7877 / 5363000 => 147 homeless per 100,000
Based off of numbers from (YMMV, maybe someone can check my math):
http://www.housingfirst.fi/en/housing_first/homelessness_in_...
https://en.wikipedia.org/wiki/Homelessness_in_the_United_Sta...
Re: The American Dream Is Alive in Finland
#97Earlier quoted context omitted.
What makes you think that it's not already like that for certain classes? Income mobility is historically low. Also why would people grow comfortable in their poverty? What exactly does that mean? That they've made peace with the fact that they have to choose between being dead or being broke? As long as there is poverty there will always be complaints.
Go to a poor country. See how people go about the days. It's as if there is a "place" and people "know" their place. If you don't believe in having a stationary "place" you seek more, you tell your progeny there is more, if only they try. Go, don't be like your father or mother, go make something of yourself.
Re: The American Dream Is Alive in Finland
#9860% personal income taxes after big payroll tax and 20% VAT? I don't think so.
I dunno, I feel richer in Europe than I did in California. Rent in places I like living is cheaper, and I save a good $300-$600 per month on automobile costs. I also save several thousand a year on flights to Europe, since that's pretty much where I like to vacation anyway. Also, I'm fortunate enough to work in tech which has pretty good PTO policies (for now), but my spouse does not, and 4+ weeks of vacation for her…
Were you working in SF? Where in Europe are you now? Were you making an above average salary?
Re: The American Dream Is Alive in Finland
#99Finn here (though lived the past 12 years in the UK). In my experience, the one thing that by far works best to enable social mobility, and that I think Nordic and some central European countries have done quite well, is free, high quality education - from primary school to university. Especially as we move further and further to knowledge based economic growth, this is crucial, not just for social mobility, but well…
[1] http://econlog.econlib.org/archives/2014/02/why_the_college....
Re: The American Dream Is Alive in Finland
#100Finn here (though lived the past 12 years in the UK). In my experience, the one thing that by far works best to enable social mobility, and that I think Nordic and some central European countries have done quite well, is free, high quality education - from primary school to university. Especially as we move further and further to knowledge based economic growth, this is crucial, not just for social mobility, but well…
My home country - Brazil - offers free university education, and actually our federal universities are the best in the country. While there are quotas for certain socially disadvantaged groups of people (e.g. racial quotas), the sad reality is that regular seats are taken mostly by rich kids whose parents can afford to pay them prep courses - because the admissions process is incredibly difficult. So our free higher education system ends up doing a poor job in helping upward social mobility, and people who are not well-off end up going to private colleges whose schedules allow them to work and pay for their tuition.