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> Even in the late 80's, middle class people could barely afford a tv This is not true. Color TV ownership, I'm pretty sure, was nearly universal in the late 1
by hackuser 11y ago
> Even in the late 80's, middle class people could barely afford a tv
This is not true. Color TV ownership, I'm pretty sure, was nearly universal in the late 1980s and I expect most households had more than one.
> Free market has been so efficient that people now have better lives than they used to for cheaper, which explains why incomes haven't gone up that much as it hasn't been needed.
I'd be interested in some basis for this. Not everything is cheaper, for example health care and gasoline. I don't think I've seen anything suggesting purchasing power overall has increased, but I suppose it's possible.
> It's a proven fact that the world has never been as peaceful, wealthy, well off and advanced ...
That seems like something that would be very hard to prove or to establish factually. Also, while economies have grown in aggregate, that hasn't made individuals better off. My income could grow from $100 million to $1 billion while 99 people could stay stuck at $10; our aggregate gain would be $900 million or a wonderful $9 million per capita, but that's no help to the other 99 who can't make ends meet.
EDIT: I should add that the world overall certainly is wealthier and many fewer are in extreme poverty. To attribute that to the 'free market' (as in purist free-market capitalism, not its usual forms which include elements of many approaches) is erroneous, I think; most was achieved by developing countries following not the market but government-directed industrial policies.
- patrickaljord 11y ago> This is not true. Color TV ownership, I'm pretty sure, was nearly universal in the late 1980s and I expect most households had more than one. Not in the rest of the world (I didn't grow up in the US) > Not everything is cheaper, for example health care and gasoline. Healthcare medicines from the 80's did get cheaper, people always want the latest (or are made to buy the latest) which includes the latest tech and is therefor equally expensive or more so. Besides, healthcare is very heavily regulated in the US so if anything this is an example of regulations making things more expensive. Same goes for gasoline. > That seems like something that would be very hard to prove or to establish factually. http://www.pri.org/stories/2014-09-29/world-actually-becoming-more-peaceful-believe-it-or-not http://www.pri.org/stories/2014-09-29/world-actually-becomin... http://www.huffingtonpost.com/2011/10/22/world-less-violent-stats_n_1026723.html http://www.huffingtonpost.com/2011/10/22/world-less-violent-...