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>How could you possibly think the economy hasn’t grown in real terms since the 70’s? "The economy is almost zero sum, certainly since the 70s the top percentil
by adamsmith143 5y ago
>How could you possibly think the economy hasn’t grown in real terms since the 70’s?
"The economy is almost zero sum, certainly since the 70s the top percentiles have been taking a larger portion of the pie even considering the growth of the pie."
Pretty clearly stated its obviously growing.
>Almost every consumer item is vastly better and cheaper. Middle class lives are luxurious in the extreme compared to then.
"I can buy an Iphone so therefore it's irrelevant that the Koch brothers own significant portions of the US Congress?" Non sequitur imo.
>Who cares if 100 people at the top are getting more rewards faster, does it actually make your life worse? No. Only if you are jealous and mean-spirited does Musk’s quarter trillion dollars bother you.
Because there is literally less to go around.
https://www.epi.org/blog/growing-inequalities-reflecting-growing-employer-power-have-generated-a-productivity-pay-gap-since-1979-productivity-has-grown-3-5-times-as-much-as-pay-for-the-typical-worker/#:~:text=Productivity%20and%20pay%20once%20climbed,released%20ahead%20of%20Labor%20Day https://www.epi.org/blog/growing-inequalities-reflecting-gro....
A huge portion of the productivity gains in the past 50 years have gone straight to those 100 people at the top so yes people should be upset that they are taking more.
>In fact, these people tend to invest in things that lead to further improvement.
I fail to see how Spacex or Blue Origin will improve life on Earth in this century.
>Furthermore, if Twitter bothers you that much, go on Parler.
Pot calling kettle black? You seem to be parroting near word for word arguments from Ayn Rand/Alt Right etc. so Parler seems like a natural fit for you.