673
Ah, the true path to socialism!
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 19 May 2024
673 points (93.2% liked)
Political Memes
5389 readers
3112 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
Since you bring up their income, do you have some data for the flip side of the coin - how much was cost of living for those people? I grew up with my Chinese dad telling me about buying the day's vegetables for like a nickel. Granted that was before the 80s, so I'd be interested in any data you have to share.
I'm not op.
Also, a bit of a wry aside, you might actually struggle to find people voicing their dissatisfaction due to the fear of the government relayed multiple times in the article :)
The $2 per day is a figure used by the World Bank. According to this page:
I don't know the exact details of the World Bank's methodology, but I believe the $2 figure is adjusted based on purchasing power.
That sent me down a cool rabbit hole, thanks!
Industrialization is a hell of a drug. During the same period apparently the wealth gap shot up, so chinas got that to contend with. Best of luck to them.