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Rich people throughout the world, and throughout history, have had good housing, leisure time, and a sense of security. They've had the opportunity to socialize
by cia_plant 18y ago
Rich people throughout the world, and throughout history, have had good housing, leisure time, and a sense of security. They've had the opportunity to socialize with other successful people, a group which includes politicians, entertainers, etc. Poor people have lacked these things even in extremely affluent societies like USA 2008.
The question is just too hard to interpret. "Standard of living" is very complicated and can't really be reduced to "purchasing power", nor to "purchasing power plus envy". There are a lot of things which money can't buy, or which money can buy but which are scarce no matter how affluent the society is.
- yummyfajitas 18y agoPoor people in the USA (at least by the official definition of poverty) do not lack good housing or leisure time. In fact, the poor have more leisure time than the rich. http://www.heritage.org/Research/welfare/bg2064.cfm http://www.heritage.org/Research/welfare/bg2064.cfm I won't comment on their feelings ("a sense of security"), or their ability to socialize with Angelina Jolie. In any case, by "lifestyle" I simply meant "material standard of living". I.e., $25,000, $50,000, or $100,000 worth of consumer goods and services as measured in 2008 dollars.