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A comment on The top 10% owns 87% of the stocks. Parent comment

Re:The top 10% owns 87% of the stocks by wolvesechoes on Monday March 03, 2025 @04:19AM (#43239928)
"but look at how much better the human quality of life is compared to even 50 years ago."

There is more to life than autonomous vacuum cleaners and possibility of having a talk with your light bulb.

But to be serious - yes, many things have improved, yet we re losing many others.

[ Parent | on HN ]
Re:The top 10% owns 87% of the stocks by throwawayqqq11 on Monday March 03, 2025 @05:02AM (#43240189)
Its a matter of scale. Compared to medieval times, we are much better off. But if you shorten the scale to eg. younger generations and eg. home ownership, things point in the other direction.

And there are many more of such indicators!

This "we are all better off" is partially true but helps to neglect valid criticism.

[ Parent | on HN ]