3 ms·
I think you can in theory believe that wealth can be created - but also at the same time be convinced that modern heavily financialized[1] economy does very lit
by glogla 4y ago
I think you can in theory believe that wealth can be created - but also at the same time be convinced that modern heavily financialized[1] economy does very little of that.
Add to that how a lot of people have seen their societies become substantially worse of as a whole - yes, iPhones are awesome and modern cars are safer and so on, but instead of having a union job you pee in bottles in Amazon warehouse, and instead of buying a home you are forever renting a studio apartment.
The Simpsons titular family of one high school educated guy with house and three kids on single income went from "typical boring dude" to "impossible dream" over the course of one or two generations, after all.
[1]: https://en.wikipedia.org/wiki/Financialization https://en.wikipedia.org/wiki/Financialization