> Most people are better off in most material ways than they were in decades past
I see this sentiment a lot and I find it utterly meaningless.
The issue is not that people have higher or lower living standards than they have in the past, but that their share in economic prosperity is declining while the shares of a small few are skyrocketing.
That is a serious problem that will lead to a sort of modern feudal rentier society.
I see this sentiment a lot and I find it utterly meaningless.
The issue is not that people have higher or lower living standards than they have in the past, but that their share in economic prosperity is declining while the shares of a small few are skyrocketing.
That is a serious problem that will lead to a sort of modern feudal rentier society.