4 ms·
I think the biggest problem is the speed differential. That's ok, the rich can afford 140in 16K TV a few years before middle class which get it a few years befo
by gutnor 9y ago
I think the biggest problem is the speed differential. That's ok, the rich can afford 140in 16K TV a few years before middle class which get it a few years before poor people. It is not ideal, but you know that eventually everybody is going to have it.
The problem of recent years is that the balance is slightly off. Housing, Education and in the US healthcare seems to have set an upper bound on the non-rich. Everybody else is getting net gain, the poor worldwide improve, the rich improve, the first world middle class progress seems to taper.
The rich progress should have tapered before the middle class, signalling that we are a few generation away from utopian post-scarcity world. The rich sailing away and all the rest squeezing under a glass ceiling is instead signalling that we are a few generation away from dystopian world with a superclass and underclass. Worse, if being in the underclass meant living like a middle class 20th century first world citizen, that would not be ideal but that would be quite good, however there is no guarantee it is such. Especially not when the current political wisdom is that if you are not middle class, that's because you are not worth it and social service is only there to scratch the charity itch of your better, no as a human right.