Re:Monday was my 46th birthday and likely my last (2013)
by lowkey_ on Thursday August 12, 2021 @11:47AM
(#28157781)
> You think inequality is bad now? Can you imagine what it will be like when people can amass power and fortunes for thousands of years?
Wealth isn't zero-sum, and so it's always weird to see people arguing about how bad inequality is.
If the standard of living isn't improving, that's a problem we should address. If the standard of living is improving and the rich are getting richer, why is that an issue?
From perspectives of history, intuition, and statistics, it's clear that inequality and overall quality of life aren't inversely correlated as many today believe they are.
> House prices are astronomically bad where I live... how bad will it be when houses are held forever?
I imagine someone will get bored of a house after a few decades, certainly after a century, and so they won't be held forever. Additionally, as the population increases, we'll create new housing.
Wealth isn't zero-sum, and so it's always weird to see people arguing about how bad inequality is.
If the standard of living isn't improving, that's a problem we should address. If the standard of living is improving and the rich are getting richer, why is that an issue?
From perspectives of history, intuition, and statistics, it's clear that inequality and overall quality of life aren't inversely correlated as many today believe they are.
> House prices are astronomically bad where I live... how bad will it be when houses are held forever?
I imagine someone will get bored of a house after a few decades, certainly after a century, and so they won't be held forever. Additionally, as the population increases, we'll create new housing.