Are you insane? People are struggling to survive
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Did kings eat canned corn from food pantries?
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I believe this effect to be well understood. If I remember correctly, sudies on happiness have shown that relative wealth correlates more than absolute wealth with happiness.
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But muh healthcare and education :(
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Your model of poverty is incredibly bad if you think that being poor today is *better* than being a king in the past.
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Kings in the past didn't have to deal with medical bankruptcy, credit card debt, 16-hour days of soul-crushing jobs, etc. These things are intrinsically miserable and the burden falls disproportionately on the poor. It's not that complex.
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I don't think you've thought this through. the poorest people on earth are starving and dying in the dirt. they live in tents in the desert in refugee camps.
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In a follow up tweet I clarify that I don't mean all poor people, especially in third-world countries. I mean the level of lifestyle that's colloquially referred to as 'poor' in first world countries.
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1. There’s solid evidence pointing to the fact that people make welfare evaluations based more on relative wealth than on absolute wealth (as Kahneman and Tversky mention). Social preferences research confirms this—people don’t care about themselves only…
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… and they dislike large inequalities, especially when their well-being is below someone else’s. 2. Inequality of outcome translates into inequality of opportunity.
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