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alcoholicorn@lemmy.ml ⁨6⁩ ⁨months⁩ ago

One of the big problems with HDI is that it fails to consider inequality and non-individual income; a country with 1 person making 1B/y and 999 people living in abject poverty gets the same per capita GNI as a country of 1000 people making 1m/y who have free housing, transport, and healthcare.

The latter obviously has better conditions for more people.

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