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.



You can say we are out of touch with reality but that does not make your reality actual reality. To be a communist country you cannot have billionaires. If you have billionaires then not everyone is equal. That is the end of the conversation
Communism mandates a single-party government, which inevitably becomes a corrupt dictatorship that does not follow the idealized plan. But that’s the problem: the plan is too idealistic and doesn’t account for human psychology. So, you can’t just say, “oh, that society isn’t communist because the outcomes aren’t right. Name one example of a communist country that actually produces the results you expect to see.
Communism doesn’t mandate a single-party government though. Single-party government is just authoritarianism. That’s why there are, and have been, communist parties in democratic countries.
https://en.wikipedia.org/wiki/Communism
“Communism (from Latin communis ‘common, universal’) is a political and economic ideology whose goal is the creation of a communist society, a socioeconomic order centered on common ownership of the means of production, distribution, and exchange that allocates products in society based on need. A communist society entails the absence of private property and social classes, and ultimately money and the state. Communism is a part of the broader socialist movement.”
By this definition, PRC is decidedly not communist as the common people do not own the means of production; products in society are not solely allocated based on need; private property exists; social classes exist; and money exists.
Whose definition of communism are you relying upon?