An economy is there for the people. The people in Europe seem to have a higher quality of life than those on the other side of the Atlantic, don't you think?
Outside a handful of places, the standard of living is unambiguously higher in the US. Average Americans have insane incomes (~45% of US households earn >$100,000) and can afford many things the average European cannot. Many types of lifestyle spending Americans think of as “normal” is definitely not normal in Europe.
Quality of life has few objective measures beyond standard of living. One man’s “quality of life” is another man’s oppressive conformity and risk averseness. American culture places an enormous value on self-actualization and trades comfort and certainty to get it. Average Europeans demonstrably would not make this trade in many cases. Neither is objectively correct.
I think Europe may have had a comparable or better quality of life at one time allowing for the cultural differences. As someone who has spent a lot of time on both sides of the Atlantic, I don’t think that has been true for well over a decade. The slow impoverishment of Europe has become noticeable to American eyes in a way it wasn’t before.
I obviously said that in jest, an air conditioner is not expensive nor is it that expensive to run if you keep the set temperature within reason. The question itself is disingenuous. There is no one thing, because whatever the thing, there is a cheap knockoff available. It’s the quality of all things.
A cheap Android phone can do all the things an iPhone can, but the experience is worse. How do you quantify that?
I would urge Europeans to visit the US and stay at an AirBNB outside of a city to see how people live. I’ve done the same in reverse. Could I have a similar lifestyle to what I have in the US? Yes. But only with my American salary. This is the point that is being made here. There is nothing that Europe lacks. The problem is the numbers and what is available to the median household.
A bigger house, a bigger car, a second car, a second home, more eating out, more vacations abroad, more charity spend, I can go on, but I think you get the idea. You can try to write this off as cultural differences, but if we're being honest, that's just cope.
The idea that economic growth is irrelevant is nonsense.
I, for example, haven't owned a car in decades, no need or interest.
Size of homes, yes, certainly different, but population density is also different. In super expensive places in Europe you'd pay more for less compared to the US (London comes to mind).
Charity spent - social model is different.
Agree that economic growth matters, though, but I would rather look at less cultural, political or physically linked indicators (e.g., cancer survival rates).
> The people in Europe seem to have a higher quality of life
Absolutely not, most places in Europe outside of a few rich countries like Switzerland and Liechtenstein and maybe a few flagship cities seem very low-QoL compared to similarly sized population centers in the US.
I think this may be partially about perception. I have been to the US over ten times. The first time I went to the US as a teenager, I was surprised how poor the US looks outside rich neighborhoods. Crumbling infrastructure, 80 year olds still working at supermarkets because they couldn't afford a living, many overweight people, most of the food sold in supermarkets is over-processed junk, and it is a car hellhole (can't walk or cycle to many places). I have also travelled most of Europe and with a few exceptions, European cities/villages look greener, more walkable, the people look healthier, people retire timely, etc.
There is also really weird segregation, like neighborhoods where only African-American people live. We once walked into a large restaurant and people looked at us in shock. There were only black people in the restaurant and by the shock on their faces, a family of white people walking in must have been rare occurrence. They were super kind, but it also was very weird.
How many years ago was this? Because over the past 20 years things have gotten better
Last time was 15 years ago, though family has been as recent as a few years ago and havent's seen a much of a change change. Also, in many ways, the last 20 years is quite a bad example to pick, since wealth of everyone under the 90th percentile was the same in ~2017-2018 as in ~2007:
Food quality used to be better in Europe but that's flipped, except France which still has some things better (eg French dairy is still better than US dairy)
Average (and probably 10th percentile) retiree is much richer in US. Yes we have higher variance but the mean is much higher too
Europe also has racial ghettos, it's just different groups
I mean the best way to measure QOL is to see which countries people want to migrate to. The hurdle to do so is high for most people, so they pay a significant cost to get their preference.
If you adjust for population size and limit just to high income countries, the US comes out on top.
> Is that why they're electing far-right parties at an unprecedented rate?
According to a recent Guardian article, the reasons are immigration and the far-right's ability to masterfully tell a story how things were better in the idealized past.
Sorry, but you are just talking out of your, well whatever. E.g. in The Netherlands we have mostly had right-leaning or right-wing governments in the last few decades [1] and still right-wing populists are very popular. It's more that xenophobia is a disease that spreads very easily over and over again. Combine this with refuge crises, partially caused by the US (e.g. the wars in Afghanistan, Iraq, and knock-on effects), partially caused by proximity to a lot of countries with continuous instability (the middle east, North Africa). Finally, add some Russian disinformation campaigns on top and this is what you get.
Many Europeans are better off than a few decades ago. Heck, many European countries were still under authoritarian rule until a few decades ago (East Europe, Spain, Greece, etc.).
"Dammit why don't the voters realize how much better their lives are!!! Must be xenophobia then"
I get that people always want a simple answer and vilifying your political opponents feeds the ego.
Clearly Europeans don't feel like things are better than a few decades ago. Any politicians who ignores that or blames something like xenophobia has blinders on.