Global 1% is a daft standard for, well, anything. Most of those $34k in a first world country are going to be spend chasing goods that are incredibly expensive by both historical and real world modern standards (positional goods and goods subject to Baumol's cost disease).
This leads to a bizarre narrative (especially roping in 'historical standards') - "hey, your health care may be dire, your education is haphazard, your food is non-nutritious and repetitive, and your living situation is precarious, but you have TV and better plumbing than a king from 100 years ago".
You're comparing what's real to a fantasy you have in your mind. I'm comparing what's real to what's real. There's room for both. Utopian fantasy is nice because it helps us think about the future we want to build. But I don't understand why there seems to be no gratitude for where we are.
Yes, awareness of positional goods and Baumol's cost disease is usually the mark of a utopian fantasist.
You seem fixated on this schoolmarmish "gratitude" angle to the point that you don't want to think about not just the future we want to build but the actual prevailing situations in the countries we are living in now. Roping 'global' comparisons into discussions of first world disadvantage represents a subtraction from the level of understanding, not an acknowledgement of "what's real". As a cartoonish and extreme example, you can be a bum on the sidewalk in NY collecting 10x as much as an African subsistence farmer takes in, but your take won't buy you somewhere to live, health care, etc.
Excessive global/historical comparisons generally ignore the fact that you can't travel to the other side of the world (or hop in a time machine) to buy cheap goods and escape the local cost of positional goods. Somewhere in Vietnam, there's a teacher who could teach your kid computer science and math for a fraction of the cost of, say, NY. You could buy a mansion in the south of France circa 1850. So what?
If you could choose to live anywhere in the world at any point in history, not knowing what kind of body you'd be born into (gender, race, height, disability, family income, etc.) when and where would you choose? If you choose any time other than right now and anywhere other than a fairly small number of nations I think you simply don't know much at all about history or even "prevailing situations in countries we are living in now."
Sure, there are almost certainly some poor people reading HN who have tough lives in places where it's dangerous and/or there may be food scarcity or other serious systemic issues. But by and large we're rich Westerners. You mentioned the proverbial NY bum. Do we have more posts on the front page talking about how to help the bum, or insufficient cubicle walls? That's my point. I'm not saying that these concerns aren't worth some attention. But I think we might be out of balance around here.
I would rather be making less in a country with universal health care and subsidized housing. Making more but living on the knife's edge is not my idea of freedom.
But, I have to take a step back and realize how fortunate I am sometimes. I’m not making anywhere near Silicon Valley salary but I never felt like I was in the top n% because I live around a lot of people who I know make more than I do.
Source: https://www.investopedia.com/articles/personal-finance/05061...