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> “The fact that everybody’s five times better off than they used to be, they take that for granted,” Munger said. “All they think about is somebody else [has]
by themodelplumber 4y ago
> “The fact that everybody’s five times better off than they used to be, they take that for granted,” Munger said. “All they think about is somebody else [has] more now, and it’s not fair that he should have it and they don’t.”
To make this statement, Munger is drawing on a comparative visualization of circumstances over long time periods. This is not a natural ability that everybody has. Or knows what to do with.
So, unfortunately I don't think this is a very tractable line of thought with which to scrutinize the average modern person's actions or motivations.
Munger is also generally reductive with ethics, focusing limited pessimistic energy in bursts (i.e. hobby/after-work energy), and more detail-oriented and patient with regard to data and the qualitative construction of time-differential-based economic viewpoints.
IOW he's got some interesting takes but I would personally rather study his moves as compared directly to historical charts, instead of trying to build any kind of worldview based on his words. You will end up hearing something similar to the basic moral philosophy of the mega-church, or a 1950s sci-fi movie.