Koios
Recreational Kibitzer
- Nov 12, 2012
- 2,841
- 117
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well, in the USSR everyone was very very poor (about 20% of what we have here) because there were no capitalist incentives much like there are none in our current liberal health care system. 20% of $8000 (what it costs here per person). From that you can extrapolate that $5-7k per person in savings is not unrealistic with a capitalist system.
Canadians have more wealth, per capita, among their middle class than do we. Are Canadians more capitalistic than the USA?
probably about the same, why do you ask??? They have huge energy wealth now and had far better housing capitalism.
I ask since Canada is nearby / our region of the world, not to mention it exists, while the USSR no longer does.
Plus the have national health care, and more lucrative assistance programs for poor and unemployed, plus high income taxes. Seems they're more socialized than us, and not very probably about the same.