1/ other people's wealth DOES help you when two people are living in mud and both subsistence farming, you gain little. when your neighbor grows 5x as much as you bc of capital improvements, he can now afford to bid for your labor at some price >>> what you can make https://twitter.com/robnormal/status/1351587497806082052 …
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Strange that this coincides with a massive increase in government regulation.
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5 years ago, I bought a 40" flat screen TV for less money than the 13" CRT that I bought 20 years ago. Wages may be stagnant (anecdotally, I don't believe this though), but what you can do with those wages has been growing steadily and rapidly.
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