Why does income per capita follow capitalism and economic freedom?

Why does income per capita follow capitalism and economic freedom?

Debates

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e

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18 May 09

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita

(oil economies are the occasional exceptions for brief periods of time)
Even the Scandanavian countries that socialists love to cite have been reforming their economies and Sweden is one example of an economy that has privatized pensions.

Not to blame them. The rankings of income per capita worldwide correlate with capitalism and freeom.

http://www.heritage.org/Index/Ranking.aspx

...but enough of my own assertions and analysis to start the debating, the question is:

WHY THE CORRELATION?

Capitalists, socialists, everyone please strike with your best shot.

P
Upward Spiral

Halfway

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18 May 09

An interesting exercise:

Go to their data explorer, select all countries and sort by score on Government Size. High values indicate small government size. The top ten are:

1. Burma
2. Liberia
3. Cambodja
4. Bangladesh
5. Central African Republic
6. Haiti
7. Singapore
8. Cameroon
9. Turkmenistan
10. Guatemala

e

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18 May 09

Originally posted by Palynka
An interesting exercise:

Go to their data explorer, select all countries and sort by score on Government Size. High values indicate small government size. The top ten are:

1. Burma
2. Liberia
3. Cambodja
4. Bangladesh
5. Central African Republic
6. Haiti
7. Singapore
8. Cameroon
9. Turkmenistan
10. Guatemala
And so tiny countries signify what?

F

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18 May 09

Originally posted by eljefejesus
And so tiny countries signify what?
A flaw in your argument, perhaps. Bangladesh is the 7th biggest country in the world.

Naturally Right

Somewhere Else

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18 May 09

Originally posted by eljefejesus
And so tiny countries signify what?
You like to change the rules of the game, don't you?

P
Upward Spiral

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18 May 09

Originally posted by eljefejesus
And so tiny countries signify what?
I rest my case. 😏

Doug Stanhope

That's Why I Drink

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18 May 09

PWNED! Lulz 😛

F

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19 May 09

Originally posted by eljefejesus
Capitalists, socialists, everyone please strike with your best shot.
Ouch!

This Thread died a death and didn't hang about doing so.

I give eljefejesus currently a 4 on a scale of 1-10. If he stops taking talking pure boggle-eyedish for a moment and takes a slightly more mature view of the world and of the perceptions and experiences of his interlocutors, he could easily become a 6 or 7 almost instantly.

T
Fast above

Slow Below

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19 May 09

Originally posted by eljefejesus
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita

(oil economies are the occasional exceptions for brief periods of time)
Even the Scandanavian countries that socialists love to cite have been reforming their economies and Sweden is one example of an economy that has privatized pensions.

Not to blame them. The rankings of inc ...[text shortened]...

WHY THE CORRELATION?

Capitalists, socialists, everyone please strike with your best shot.
Does the correlation take into account the 10% elite who own 90%
of the wealth? If so, how would it look with these people taken out?

e

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19 May 09

Originally posted by FMF
A flaw in your argument, perhaps. Bangladesh is the 7th biggest country in the world.
LOL! and if they're mostly tiny countries, but you find a couple of big ones, then that makes his weak argument somehow less subject to exposure?

e

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19 May 09

Originally posted by no1marauder
You like to change the rules of the game, don't you?
Let's state the rules. How about the correlation I pointed out, why are all of you avoiding discussion on the main initial point? Scarrrrred?

e

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19 May 09

Originally posted by Palynka
I rest my case. 😏
It's best that you do, since you avoided the correlation I pointed out by making a meaningless list of predominantly emerging countries from area like africa and south asia. What size governments did you expect them to have? That is not the same as economic freedom or capitalism.

I challenge you, let's look where they fall on the index of economic freedom, shall we?

e

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19 May 09

Originally posted by Seitse
PWNED! Lulz 😛
What Seitse? You speak of nothing. You're tired of losing at debate, I see.

F

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19 May 09

Originally posted by eljefejesus
LOL! and if they're mostly tiny countries, but you find a couple of big ones, then that makes his weak argument somehow less subject to exposure?
Yes it does. You put it better than I did. Thanks

e

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19 May 09

Originally posted by FMF
Ouch!

This Thread died a death and didn't hang about doing so.

I give eljefejesus currently a 4 on a scale of 1-10. If he stops taking talking pure boggle-eyedish for a moment and takes a slightly more mature view of the world and of the perceptions and experiences of his interlocutors, he could easily become a 6 or 7 almost instantly.
LOL, I knew you would take that quote of mine about your debating ranking of 4 personally.