alt Hacker NewsAs Led Zeppelin once said, "you know sometimes words have two meanings". That definition of wealth is all well and good for books about how markets are magical fix-everything pixie dust. But it's not the definition of wealth that applies when used to describe a person. A wealthy person is not someone with a lot of things. That's a hoarder. A wealthy person is someone who can use their economic power to shape the world around them.
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>A wealthy person is not someone with a lot of things.
No one made that claim.
By nearly any sane metric the world is wealthier. You can verify this on sites like Our World in Data.
We are healthier, have more leisure time, are less likely to die in natural disasters, etc.
It's willful ignorance to define wealth in a way that wouldn't show humanity as having gotten more wealthy. You're doing harm by overlooking massive gains we've made and understanding why we made them and instead redefining the common sense understanding of basic terms.
That definition of wealth is all well and good for books about how markets are magical fix-everything pixie dust
No, it actually means something. We have access to refrigeration, climate control, near-limitless computation, entertainment, transportation, knowledge, communication, and medicine. All of this stuff would BLOW THE MINDS of medieval kings. Even if you're living in a 1BR apartment, working at Walmart and struggling to pay rent, you enjoy many luxuries Charlemagne could scarcely dream of.
Go to the store, grab a pineapple off the shelf, take it home, and eat it. Then read about the great lengths [1] the wealthy people of the past went to in order to try to grow pineapples in Europe, and how obsessed the culture became with this fruit.
[1] https://en.wikipedia.org/wiki/Pineapple_mania