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Not everything is wealth. A lot of GDP is consumption which is depreciating assets that disappear. I would be happier if my future income isn't taxed to gift t

• jlokier 5y ago
  We have gone far into the metaphor. I think you're mixing up the issue of destructive consumption (destruction of resources that future people cannot inherit and use) with growth in differential control of resources between capital owners and those without capital. I upvoted because I sympathise with your view, although I think you portray it using a metaphor that's more of an appeal to emotions than setting out solid principles. My take on it is we are setting up future labour to be increasingly indentured to future capital, due to obligation structures being cultivated in the present that have long-lasting structural consequences. Of which the widespread housing crisis may be the most obvious to ordinary people, for now. That's not new. It is in fact what capitalism is all about. It wouldn't be called capital if there wasn't some kind of long-lasting obligation structure. To an extent it works rather well to collectively enrich. However, it can get out of hand. I agree that we should complain about the scale of it and be concerned about hegemony and corporatism taking over the world. I favour keeping with "We hold these truths to be self-evident" and human rights near the top of the values scale.