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This can be summed up as “it sucks to be not-rich.” But that’s always been true. Class mobility has been the exception rather than the rule, and I’m not sure there are ways of changing that other than on an individual basis (i.e. starting a startup and winning).

A grim outlook, to be sure. But look at the flipside: emperors of old could only dream of the luxuries we enjoy on a daily basis. We can eat peaches in winter!

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