> New wealth "creation" is a lie. Perhaps the bigger issue is old wealth destruction. We live in a world of effectively infinite low cost electronics, clothes

> New wealth "creation" is a lie. Perhaps the bigger issue is old wealth destruction. We live in a world of effectively infinite low cost electronics, clothes and food, but the things which used to be abundant are now actually quite scarce. Housing is most obvious example here - but the costs of driving (excluding vehicle purchase), childcare, wedding, and energy are now radically higher than ever before. In these areas it feels like we've gone backwards in productivity.