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I disagree. In absolute terms we have never been richer. And that's really what counts. Relative richness is "just jealousy" and not a real measure of wealth. T
by ricw 11y ago
I disagree. In absolute terms we have never been richer. And that's really what counts. Relative richness is "just jealousy" and not a real measure of wealth. Though people do of course compare themselves through relative means..
- gnaritas 11y ago> In absolute terms we have never been richer. Simply not true; there was a time in this country when a middle class lifestyle worked on one income leaving one parent free to raise kids. Those times are over, the middle class has been virtually destroyed and two income families are now the norm just to get by. That's not a relative comparison, that's an absolute decrease in lifestyle. That technology has progressed making computers cheap means diddly squat.
- chillwaves 11y agoAny incremental progress over time results in increased wealth, but that's a rather low bar. Should think of how much better or worse things could be, not just that they improved. Technology has been increasing, innovation has been increasing (with time). That's a very low standard of expectation.