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You have cited three measures of poverty, two of which are population averages (HDI and life expectancy) and the third of which is clearly and evidently nonsense (a dollar a day is meaningless as a definition of poverty - even if you lived well above this threshold, such as for two dollars a day, you would still be in abject poverty).
So far in this thread, the only remotely meaningful definition of poverty presented is as a fraction of the median income.
As it happens, I agree with you that this is a somewhat ad hoc measure, but over small timescales (a couple of decades) in developed societies it works well enough as a proxy for what we want to measure.
Personally, I would propose a definition of poverty that goes as follows:
A person is in poverty if (s)he does not have reliable access to all of the following:
Clearly, under this definition, the US has higher poverty rates than virtually any Western European country. Equally clearly, under this definition privatized pension schemes do lead directly to poverty.
I acknowledge, of course, that this scheme is not perfect. However, I challenge anyone who disagrees with it to propose a better one him- or herself, or refer me to a better one already proposed.
- Jake Friends come and go. Enemies accumulate.
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