Re:Lessons from Cellphones on Distribution of Wealth
by merpnderp on Thursday December 03, 2015 @12:56PM
(#10671198)
Wish HN had a an notification option for responses. But I thought I made clear that with all Henry's wealth and a strong desire to purchase the results of modern technology, he couldn't get them. So he could command the labor of many times as many people as a modern poor person, but he couldn't use that labor to accomplish nearly as much as many poor people can today. Is he wealthier? I guess it depends on what you value more. Being able to have someone bring you dirty water from a well on command, or having to get your own purified clean water from the tap in your house.
Re:Lessons from Cellphones on Distribution of Wealth
by gnaritas on Friday December 04, 2015 @10:49AM
(#10676936)
Wealth is power and freedom, not access to stuff; I have to work for a living, Henry the VIII was a king with the power of life and death over others, he was wealthier by any reasonable measure. My access to greater tech doesn't make me wealthier.
"... I have access to much greater technology ..."