alt Hacker NewsNot rich enough compared to the individual productivity gains.
Don't tell me you have been fooled by the Chicago school of economics that has told you that relative wealth is indifferent as long as you can get a cheaper television.
Not rich enough compared to the individual productivity gains.
Don't tell me you have been fooled by the Chicago school of economics that has told you that relative wealth is indifferent as long as you can get a cheaper television.
Yes, out of two alternatives - large growth but largest in top decile vs no growth, the first one is absolutely 1000x times better. And we know that every alternative to capitalism leads to much smaller growth. Also it's not just television - it's smaller infant mortality, it's developing better therapies that save lives, it's basically every positive facet of existence (apart from housing, but for that neoliberals also have solution - LVT, unfortunately it will never be implemented).