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The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a
by thelibrarian 9y ago
The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money.
Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles.
But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that'd still be keeping his feet dry in ten years' time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet.
This was the Captain Samuel Vimes 'Boots' theory of socioeconomic unfairness.
— Terry Pratchett, Men at Arms
- concrete-faucet 9y ago> The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. This really isn't as crazy as it may sound. When my spouse was working in BigLaw, we rarely paid anything for weekends out. A typical case was a "charity gala" at a downtown hotel. A law firm partners would buy the tickets for an entire table but would inevitably be working and couldn't go. Even if he could, he still needed 6 or 8 other people so his table didn't have empty seats, which would be very embarrassing. So the call would go around - who has time to attend a free party? Me, that's who. The bar would be stocked with top-shelf liquor only, food was provided and excellent. The catch? You have to know people to get invited. And you have to be able to show up in a perfectly-fitting tuxedo with only a few hours notice. So you buy one, and it needs to be pretty good because you're going to wear it 20-30 times a year. Amortized out, an Armani costs a fraction of a rental.
- peacetreefrog 9y agoI don't think this is true in a world where people can borrow money.