why do you think this is? in my humble opinion, people are flawed, they want far more than they need. despite its flaws, the divide between poor and rich wasn't like it is in the US.
It was because of the same reason that most of the world would like to immigrate to the US: America offers the possibility of a much higher standard of living and the rule of law.
Except that communist governments have massively failed everywhere they’ve been implemented. Most people don’t want to live in a society where merit has no bearing on success.
the US has better living standards because of its leverage on the world stage, not because it is the best. the US happily crushes democracies and supports dictatorships when it benefits the US.
that means nothing.
Musk is worth $351 billion, Bezos is worth $238 billion, Ellison is worth $221 billion and Zuckerberg is worth $172 billion. you are telling me these people are all rich because of merit?
Nonsense. The Soviet Union was the communist analogue to America’s capitalist experiment. It’s people were ALWAYS much poorer than Americans. They lived miserable lives and had to wait in long lines for basic necessities such as bread and meat. The communist system was worse when measured by almost any metric.
It means everything. Is Russia now communist? Nope. Is China communist? No. Is Cuba communist? Yes, but it can’t afford to provide reliable electricity to its people. Nothing about Cuba has improved over time.
First of all, you’re referring to those people’s PAPER wealth - their stock holdings. That is not their liquid wealth which is considerably lower.
