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I specifically said spending power, and that is what I meant. Did you know that in the early 20th century feed and flour bags used to come with vibrant floral
by TangoTrotFox 8y ago
I specifically said spending power, and that is what I meant.
Did you know that in the early 20th century feed and flour bags used to come with vibrant floral designs. Know why? Since nobody could really afford to buy clothes, people would regularly fashion their own clothes out of whatever they could get - which included these large bags. Companies saw an opportunity and started creating lovely designs on them. This is a time we can hardly even imagine. Now a days even the poor can easily afford many of the things that only the most elite of society could previously. It wasn't even that long ago that a toaster was an extreme luxury. And of course they also have luxuries that those of times past could only dream of as they literally did not exist. In terms of what we have, people have more than ever today. And people want even more. And I think that's a good thing! The never ending drive for more more more is probably an evolutionary imperative which has paid rich dividends for our development as a species.
But let's hit on the Bezos thing. Some of what I said above is conflating technological progress with economic progress. After all one of the reasons many things became cheaper, or available, is not strictly because the poor have more money (though they do!) but because technology enabled things to become much cheaper, and to introduce entirely new things. Bezos is, by far, the richest person in the world. On an individual level his wealth, $135.5 billion, is hard to even imagine. But now let's imagine his level on a social level. What if we, or he, decided to just 'benevolently' share his wealth with everybody in the world. That $135.5 billion is worth a little less than $18 per person. Even at the bottom of the world, that's hardly life changing money.
However, technology does change lives. And while $135.5 billion is nothing in terms of the world, it's an enormous amount in terms of advancing space technology. Can you imagine how much the world will change once we begin to colonize other planets, or when we are able to effectively extract resources from celestial bodies, and so on? Or think of all of the tangential technological developments will inadvertently be discovered in the process of this all. The world has basically been playing on fast forward since the colonization of the new world, and space will open a door like something we can hardly even imagine. I too want things to get better and I think what Bezos is planning to do with his money is vastly more likely to, in the longrun, improve life for all of us far more than, for instance, what Gates is doing with his money.
- Dirlewanger 8y agoI've read your two posts here, and agree with you about Bezos/space to an extent. I don't think his focusing on the space industry though does anything to help the rising amount of wealth inequality in the world right now though. What use is there focusing on space, something that will the the realm of the rich and elite for quite some time before more universal access is given (I don't have anything to back that up, but I think it's true enough), when society continues to destabilize from wealth inequality (I know one can probably theorize multiple "why do X when Y is happening?" scenarios, but rising wealth inequality is of especial importance; this is what incites civil wars and can topple empires)? (Rhetorical questions incoming) At what point do the Bezos/Gates of the world step in to help this problem? Do they even have any kind of moral/societal/civilization-wide obligation to help tackle a worsening system that they got rich off of? Should they have this obligation? If not, who does?
- brianpgordon 8y agoIf you're invoking the early 20th century you're looking too far back. You might as well look back to serfs working 6 days a week dawn until dusk year-round for their lord and say "look how good we have it, our modern problems are insignificant" even if people are legitimately suffering today. Or go back 20,000 years and talk about how hard it was to be a nomadic hunter/gatherer. Standards go up over time. There was an incredible period of American prosperity starting after World War 2. Good work was plentiful, wages were high, and the middle class prospered- the American dream was alive. That's slipped away from a huge segment of the population. Cost of living shoots up while real wages remain stagnant. We have cheap luxuries that previous generations couldn't dream of but that doesn't mean that many people aren't living paycheck-to-paycheck or fighting to keep their house or running up credit card debt to stay afloat. Outside of our tech bubble, Americans are struggling when they didn't before. Meanwhile, capital compounds exponentially. People see their quality of life decrease relative to the average person while they work harder than ever, and they see the rich's quality of life increase relative to the average person while their money works for them. It's hard to live every day in that system and not think that there's a problem.
- TangoTrotFox 8y ago