Quote:
Originally Posted by Troianii
It might also be worth noting that it has no where near as many people. Comparing China to countries of it's general per capita range is almost like comparing America to Luxembourg... Just to make the point clear.
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I'm sorry but you are uninformed. That is how it is always compared, just for the reason you stated.
We compare people per capita and/or per 10,000 people to norm for population differences, this is why social scientist use it.
Otherwise we would just look at gross/aggregate for everything.
We do not tend to compare living standard by saying Luxembourg, Japan, and America have X, Y, Z Gross GDP or Gross education level, because America will win every time.
We look at it broken out per capita, we look at distribution within the population, etc.
So, as I said, you need to look at per capita income and their income rage in the aggregate. I would also look at income inequality. If a nation has a flat income inequality it will generally have less billionaires, if it is strongly stratified it will have a lot more, even if the per capita income is the same.
so... I would do billionaires per 10,000 people, countries with similar income per capita, and income inequality.
I think if you did this you would still see that countries like Mexico on a ranking are more pathetic in producing wealth than China.