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Poland's GDP per capita has more than doubled since it joined the European Union in 2004 (lemmy.ca)
submitted 1 day ago by [email protected] to c/[email protected]
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[-] [email protected] 25 points 1 day ago

Meanwhile in the UK:

[-] [email protected] 3 points 1 day ago

And now Starmer has his trade deal with the EU, which should improve things somewhat, the Daily Heil and Telegraph are complaining.

[-] [email protected] 7 points 1 day ago

I thought the telegraph was more reputable but their coverage is very one sided of issues. Its unbiased journalism with tories and runnig commentary on labour. They gave far more leewag and benefit of the doubt to the previous government.

[-] [email protected] 3 points 1 day ago

There's a reason the Telegraph is also known as the Torygraph.

[-] [email protected] 3 points 1 day ago

gdp per capita is just a measure of how much wealth is extracted from each worker. It does not measure how much of that money is given back to the average citizen or how much is hoarded by the capitalists. GDP is basically a useless measure because buying and selling stocks is added to gdp.

The poorer half of the population in Poland have around 25% of the wealth while the richest 10% have close to 40% and that wealth gap as only grown since 2000.

[-] [email protected] 3 points 14 hours ago

I'm not a fan of GDP as any measure of anything. Buying a piece of sausage from a supermarket through a chain of middle men, industrial meat processing companies, slaughterhauses and livestock traders generates many times more GDP than buying the same sausage from a neighbouring farmer even though there is absolutely no added value. I am convinced that GDP measures mostly how bizantine are chains of production and trade networks and how many corporate middle men extract money from workers between production and consumption of anything.

this post was submitted on 29 May 2025
144 points (96.2% liked)

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