Comments by "Daniel Bradford" (@Falconlibrary) on "Nomad Capitalist"
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Ironically, Andrew undermines his anti-tax rant that he recently unleashed on California not long ago with this video. I speak as a resident of California for 23 years, most of the time in working class neighborhoods.
If Los Angeles is starting to resemble Rio de Janeiro, with masses of poor people and a few very rich people who have to live behind security walls and private armies of security guards, then that proves that even rich people are worse off in a country that has massive socioeconomic inequality. A tax on the rich that is used to benefit the poor would help address that inequality.
Instead of working to change our society for the better, Andrew's "solution" is to give up your citizenship and move...well, where? As inequality grows even in the Scandinavian countries, is any place safe? There's no place to run and no place to hide unless you're one of the ultra-wealthy, like Musk or Bezos, who truly can afford to isolate themselves from society.
I, for one, don't want to live in that kind of society, based on fear of one's fellow man, no matter if I was in the top or the bottom.
There's some not-so-subtle racism in the dire warnings about crime, either.
By the way, I see Scandinavians in the comments claiming that crime is skyrocketing in their countries. Really?
The crime rate in the USA is 87% higher than in Norway.
The Gini coefficient measures social inequality--the higher the number, the more unequal a society is. Every society with a high Gini has a high crime rate, while almost every societ with a lower Gini has a lower crime rate.
The United States has a Gini coefficient of 41.1. In 2015, the top 1% of earners in the United States averaged 40 times more income than the bottom 90%. In the U.S., poverty is a growing issue, where an estimated 12.3-17.8 percent below the poverty level.
Norway's Gini coefficient? 27.6
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