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by eb0la
3418 days ago
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There is a chart in Piketty's book, Capital in the 21st century, a that shows GDP PER CAPITA for several countries, including the US. I guess US companies pay well because their share of the global GDP is higher (although it is decreasing slowly from he peak in the 50s). Before seeing that I just thought it was that way because the US makes stuff (now intellectual property not physical goods), thus making profit of whatever is produce outside its borders. |
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