Is there a term for how people tend to view 'acceptable standards of living' as a narrow range around where they're currently at? Too low and it's tragic, too high and it's exorbitant, and both of them spark outrage.
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WRT comparisons, we're always going to compare to our neighbors. Being at the bottom of the economic ladder feels shitty even if by an objective materialist standard you have it far better than any of your ancestors.
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The main problem today is that because of automation and efficiencies and scale everyone can have a decent standard of living, it is inexcusable now. It is theft
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I used to have the opinion you voice but I have been drifting strongly toward one in which upset at severe inequalities and at abuses of naïveté.
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If the people at the top are billionaires, it's because they have exploited all the people who did the work at low wages. There is zero kindness in being a billionaire, even if all the people who made it possible are making the best of a bad situation.
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What do you mean by exploited?
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People are concerned by this because it historically leads to that slippery slope of everyone working for a master for the lowest grinding subsistence level doing shit they hate. People happy to work for cheap doing something they love are the baby thrown out with the bath water
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Todays poor work longer hours and have worse health and life expectancy (-infant mortality) than most medieval serfs did. Only by narrow materialistic standards are they better off. Industrialization caused a drastic reduction in living standards that is only just being overcome
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Since widescreen TVs and 23 flavors of gatorade don't actually make people happy, todays poor definitely aren't doing better than the medieval high points where people were working 120-180 days a year and enjoyed a robust communal life without ubiquitous mental illness.
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