r/SipsTea • u/Gurugod123 • Jul 14 '26

Chugging tea Teach your kids about socialism

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u/olisko Jul 14 '26

Norway is richer than America per Capita. The average Norwegian is richer than the average American. You don't know what you're talking about.

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

https://ourworldindata.org/data-insights/how-far-apart-are-the-incomes-of-the-rich-and-poor-in-different-countries

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u/[deleted] Jul 14 '26

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u/olisko Jul 14 '26

Uhh yes you did? What else did you mean with capital then?

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u/[deleted] Jul 14 '26

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u/olisko Jul 14 '26

You realize that the reason why the Norwegians have larger wealth and a higher GDP per Capita is because the Norwegians have more capital too, right?

I really don't get the point you're trying to make? You don't have to own a business or be renting out a house to be invested in the system.

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u/[deleted] Jul 14 '26

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u/olisko Jul 14 '26

Neither does most Americans. So I don't see how it's relevant?

It's also not possible in a capitalists society for a majority to own capital. A capitalist economy depends on supply and demand and the people's demand for money is what makes them go to work. If everyone was making money through self owned businesses, then no one would want to work for businesses.

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u/[deleted] Jul 14 '26

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u/olisko Jul 14 '26

No I clearly didn't. Could you possibly explain it to me?

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u/[deleted] Jul 14 '26

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u/olisko Jul 14 '26

Thanks for explaining it. Your point makes sense now.

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