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Everything I know and read gives me the impression that while the world's poor are better off today than they ever have been, their overall share of the wealth
by ionised 8y ago
Everything I know and read gives me the impression that while the world's poor are better off today than they ever have been, their overall share of the wealth and bargaining power is ever decreasing since the post-WWII years.
People now have smartphones and expensive TV's and financed cars but all the important things in life are consolidating in fewer and fewer hands.
GDP increases higher and higher, and the actual economic gains go to fewer and fewer people in ever larger amounts.
Education and healthcare has become prohibitively expensive, the financial services industry concocts ever more complicated financial instruments to disguise their greedy quarterly-focused predatory profiteering.
House prices and rent in places where the jobs can be found are skyrocketing, made worse by a free-for-all of foreign property purchases.
The products we used to buy and own and now being leased out to us and our control over devices we have in our own homes has been slowly and quietly taken away from us. We are not even allowed to fucking legally repair shit we've paid for a lot of the time.
Bribery and corruption have even been legalised in the US and the group that can reverse that obscene series of decision are the ones benefiting from it.
The copyright industry is basically a cartel of middle-men at this point, doing nothing other than causing the stagnation and loss of our cultural history.
And to top it all off every 'free' western nation is spying on its own citizens and arming its police all in the name of 'terrorists', despite terrorist attacks being rare occurrence.
I feel like all we have done with our progress is create a new aristocracy and pave the way for a new type of feudalism.