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by ben_w
1967 days ago
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The relevant graphs are: https://ourworldindata.org/uploads/2019/10/Global-inequality... From: https://ourworldindata.org/global-economic-inequality And I think you’re underestimating the marginal utility of going from $1.90 to $3 — both would suck for someone with a baseline of Western expenses, but it is the difference between a literal hand-to-mouth life of subsistence farming in a shack, versus a family that all works being able to collectively afford to rent a basic concrete flat with terrible plumbing on an unpaved street (citation: my ex took me to Nairobi a few years ago, we met one of her local friends, the friend’s flat was about $800/year to rent, $800/year is the increased income from two people going from $1.9 to $3 per day). |
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