Why Are Muslim Countries Poorer? – VisualEconomik EN
Why Are Muslim Countries Poorer? – VisualEconomik EN
https://www.youtube.com/watch?v=XXlAZMlG1-c
Lone Candle
Champion of Truth
Why Are Muslim Countries Poorer? – VisualEconomik EN
https://www.youtube.com/watch?v=XXlAZMlG1-c
“In 2020, three political scientists studied how location and income affected white voters’ voting decisions. They found that, on a national level, poorer white people were indeed more likely to vote for Trump than richer ones.
But when you factored in local conditions — the fact that your dollar can buy more in Biloxi than Boston — the relationship reverses. “Locally rich” white people, those who had higher incomes than others in their zip codes, were much more likely to support Trump than those who were locally poor. These people might make less money than a wealthy person in a big city, but were doing relatively well when compared to their neighbors.
Put those two results together, and you get a picture that aligns precisely with Hochschild’s observations. Trump’s strongest support comes from people who live in poorer parts of the country, like KY-5, but are still able to live a relatively comfortable life there.
So what does this mean for how we understand the Trump-era right? It cuts through the seemingly interminable debate about Trump’s appeal to “left behind” voters and helps us understand the actual complexity of the right’s appeals to region and class in the United States. America’s divisions are rooted in less income inequality per se than is widely appreciated, and often tied to divisions inside of communities and social groups.
In Stolen Pride, Hochschild locates the heart of Trump’s appeal to rural voters in emotions of pride and shame — including pride in their region’s traditions and shame in what it’s become in an era of declining coal jobs and rising drug addiction.
For Roger Ford, a KY-5 entrepreneur and Republican activist who serves as Hochschild’s exemplar of Trump’s “locally rich” base, Trump helps resolve those emotions by offering someone to blame. Ford may not be suffering personally, but his region is — and Trump’s rage at liberal coastal elites helps him locate a villain outside of his own community.
“He based his deepest sense of pride, it seemed, on his role of defender of his imperiled rural homeland from which so much had been lost — or, as it could feel, ‘stolen,’” she writes.
Ford’s comments to Hochschild shift seamlessly between economic and cultural grievances. In discussing his opposition to transgender rights, he situates it as the latest in a long line of dislocations that people in his region faced.
“With all we’re coping with here, we’re having a hard enough time,” he tells Hochschild. “Then you make it fashionable to choose your gender? Where are we going?”
This comment might make it seem as if economic concerns are somehow prior to cultural ones, and people like Ford are angry at transgender people because of economic deprivation in coal country. But high-quality research tells a different, more complicated story.
In 2022, scholars Kristin Lunz Trujillo and Zack Crowley examined the political consequences of what they call “rural consciousness” for politics. They divide this consciousness into three component parts: “a feeling that ruralites are underrepresented in decision-making (‘Representation’) and that their way of life is disrespected (‘Way of Life’) — both symbolic concerns — and a more materialistic concern that rural areas receive less resources (‘Resources’).”
When they tried to use these different “subdimensions” of rural consciousness to predict Trump support among rural voters, they found something interesting. People who saw the plight of ruralities in cultural and political terms were most likely to support Trump, while those primarily concerned about rural poverty were, if anything, less likely to support him than their neighbors.
Taken together, these findings suggest that the story isn’t simply that economic deprivation breeds cultural resentment. Trump’s strongest supporters in rural areas tend to be angry that their regions don’t set the social terms of American life: that they don’t control the halls of power and that, as a consequence, both political and cultural life is moving away from what they’re comfortable with. Economic decline surely exacerbates this sense of alienation, but it isn’t at the heart of it.”
https://www.vox.com/politics/369797/trump-support-class-local-rich-arlie-hochschild
Why Wyoming is so Weirdly Wealthy
https://www.youtube.com/watch?v=bQE_zNs5HOU
“A New York judge imposed a $364 million penalty Friday on Donald Trump, his companies and some executives, ruling that they engaged in a yearslong scheme to dupe banks and others with financial statements that inflated the former president’s wealth.”
…
“Engoron concluded that Trump and his co-defendants “failed to accept responsibility” for their actions and that expert witnesses who testified for the defense “simply denied reality.”
The judge called the civil fraud at the heart of the trial a “venial sin, not a mortal sin.”
“They did not rob a bank at gunpoint. Donald Trump is not Bernard Madoff. Yet, defendants are incapable of admitting the error of their ways,” wrote Engoron, a Democrat. He said their “complete lack of contrition and remorse borders on pathological.”
“The frauds found here leap off the page and shock the conscience,” the judge added.”
https://www.yahoo.com/news/verdict-donald-trump-civil-fraud-051849503.html
” in the past, no country was rich. There’s lots of uncertainty involved in historical GDP data — plenty we don’t actually know about populations, prices, and what people consumed in those eras. But even allowing for quite a bit of uncertainty, it’s definitely true that the average citizen of a developed country, or a middle-income country, is far more materially wealthy than their ancestors were 200 years ago”
…
“whatever today’s rich countries did to get rich, they weren’t doing it in 1820. Imperialism is very old — the Romans, the Persians, the Mongols, and many other empires all pillaged and plundered plenty of wealth. But despite all of that plunder, no country in the world was getting particularly rich, by modern standards, until the latter half of the 20th century.
Think about all the imperial plunder that was happening in 1820. The U.S. had 1.7 million slaves and was in the process of taking land from Native Americans. Latin American countries had slavery, as well as other slavery-like labor systems for their indigenous peoples. European empires were already exploiting overseas colonies. But despite all this plunder and extraction of resources and labor, Americans and Europeans were extremely poor by modern standards.
With no antibiotics, vaccines, or water treatment, even rich people suffered constantly from all sorts of horrible diseases. They didn’t have cars or trains or airplanes to take them around. Their food was meager and far less varied than ours today. Their living space was much smaller, with little privacy or personal space. Their clothes were shabby and fell apart quickly. They had no TVs or computers or refrigerators or washing machines or dishwashers or toasters or microwaves. At night their houses were dark, and without air conditioning they had trouble escaping the summer heat. They had to carry water from place to place, and even rich people pooped in outhouses or chamberpots. Everyone had bedbugs. Most water supplies were carried from place to place by hand.
They were plundering as hard as they could, but it wasn’t making them rich.
Nor were colonized and exploited nations and peoples rich before the European empires arrived. Yes, Africa, Latin America, and parts of Asia were harshly exploited by European empires for their natural resources. But although Africa, Latin America, and Asia were closer to Europe in terms of living standards back then, they were all very, very poor by modern standards.
This should be the first very strong clue that modern rich nations’ wealth didn’t come primarily from plunder, but from something else — something that nations started doing over the last century and a half. In fact, we know what that something is — it’s industrial production, coupled with modern science.”
…
“there are two more sophisticated cases you can make for the “imperial plunder” theory of national wealth. The first is that continuing plunder is responsible for income differences between countries. The second is that plunder was necessary to initiate the process that eventually led to industrial production and modern science. The first of these arguments is wrong; the second can’t easily be disproven, but there’s major reason for doubt.”
https://www.noahpinion.blog/p/nations-dont-get-rich-by-plundering
How could changing capital gains taxes more revenue? Grace Enda and William G. Gale. 2020 1 14. Brookings. The rich benefit as Democrats retreat from tax on unrealized capital gains Greg Iacurci. CNBC. 2021 12 29. https://www.cnbc.com/2021/12/29/the-rich-benefit-as-democrats-forgo-tax-on-unrealized-capital-gains.html The Many Problems With Taxing