Exhausted by the pressure to succeed as a photographer, Litsky Li accepted a better offer: quit work to become one of China’s growing legions of children paid by their families to stay home.

A thread yesterday had a variety of people asking if the unemployment is lower because the youth are well cared for.

Please click through and read for additional context. Families are helping. Parents age and are not a long-term plan except for the most unusually wealthy.

Please remember: China is nominally communist. Functionally, they are capitalists with an usual side of excess infrastructure spending. A strong central government doesn’t make a country communist.

Their land use rules… that makes them communist-ish. But that’s a small part of a far larger picture.

  • @[email protected]
    0•1 year ago

    To get the 98 rather than 71 figure, you would sort by Gini index descending.

    You literally have it backwards:

    Sort Gini index by ascending: China is #98 at 38.2, US is #107 at 39.4

    Sort Gini index by descending: US is #62 at 39.4 and China is #71 at 38.2.

    • 133arc585
      -1•1 year ago

      It seems you’re right. I will edit that part of my comment. But I will point out: I wasn’t making a statement that one was worse than the other. I made the point that they’re similar in ranking and like I said, even if you reverse ranking order they’re still just as similar. And, since they were middling in their ranking like I originally said, if you invert the sorting, they’re still middling.