system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: If there were no poor people and everyone in the world made a good living, how would that change things from how they are now?

There are no poor people, everybody makes more than enough to get by, how would it change every day life? I'm sure it's a substantial change but i'm having a hard time imagining it.
gpt
Leaving out the problem of how to get to such a state of affairs, there would be some obvious results:

There would be no more economic refugees. People wouldn't try to move from poverty stricken places to rich countries in hopes of earning a living. There would be no more "Foreigners coming to take our jobs" as some politicians call it.

There would be no more outsourcing to poorer countries for mere economic reasons. If the average wage in China and India was the same as in the US or western Europe there would be one less reason to move factories there.

You would have to pay fewer taxes. There would be less money spend on helping poor people obviously.

There would be less crime. People would still commit crime, but the sort of crime that is the result of poverty would be less.

There would also be some obvious negative consequences:

Most of the stuff you buy at the store is cheap because the poor people making it are earning so little money for it. Prices at McDonalds would rise if the people making the burgers were earning more.

Some resources like oil would get more expensive simply because there would now be more people trying to buy it.

So if everyone in the world earned at least as much as the average American does today that money would suddenly would not buy as much as it does today. You would need to raise the bar again and again...

It is not clear whether there exists enough wealthy and resources on the world at present so that there actually is 'enough' for everyone.

Just to get an idea of how massive that problem actually is it perhaps would help to know that a large percentage of the owlrd population lives on less than what a dollar can buy a day. Some figure say that half the population in 1990 liven on less than a dollar while more recently it was only about a quarter or a fifth of the world that lived on less than $1.25 a day, but these numbers aren't really thought to be all that reliable.