2 ms·
Hm... if anything, real growth is continuing faster than before - it's just that we often don't feel it so much any more! Clothes are insanely cheap, but we wan
by tomp 10y ago
Hm... if anything, real growth is continuing faster than before - it's just that we often don't feel it so much any more! Clothes are insanely cheap, but we want designer stuff. Phones became supercomputers, but we want the newest iPhone with the best camera! We have exotic fruits from all over the world, but they're sooo expensive!
The problem is that these are the little things, and while they often make our lives better, they don't matter that much - definitely much less than child-care costs, education costs (and accessiblity), housing/rents, jobs/careers and healthcare. Unfortunately, these cannot be improved by globalisation and the free market, but instead often have their prices set by the highest bidder, which keeps getting richer because of rising inequality.