![]() ![]() With less than 5 percent of world population, the U.S. Scientific American puts it most clearly: ![]() ![]() Closer to home, the US median household income per year is about $60,000, while it’s $27,000 in the United Kingdom, and $8,000 in Brazil. Decades later, the United States still holds 25 percent of global output and the largest economy. In this excerpt, he describes the consumption associated with the American way of life.Īt the turn of World War II, with much of the world in disarray, the United States accounted for 50 percent of the world economic output, cementing its monetary dominance. In his thought-provoking book, Twelve Lies That Hold America Captive, Jonathan Walton uncovers some of the hard truths about American culture. Western Culture: American Prosperity and Consumption ![]()
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