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by ryandrake
1142 days ago
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But relative wealth is not created. It is a percentage and by definition distributed. Relative wealth is what drives standard of living and creates the power imbalances OP is talking about. Absolute wealth (the kind that gets created) is kind of pointless to measure. If you have $50K and all your neighbors have $100K, and then tomorrow you have $100K and all your neighbors have $1M, you and your neighbors created wealth but you are worse off. |
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It's literally the other way around to me. I want to be better off than I'm now, not better of in relative term (which might mean I'll be worse off).
> you have $50K and all your neighbors have $100K, and then tomorrow you have $100K and all your neighbors have $1M, you and your neighbors created wealth but you are worse off.
You literally aren't if there is no inflation. You are worse off of your neighbors. If you want to be wealthy as them then ask yourself about how they are doing it and copy them. That's how the system grows. You don't go and punish people that are successful in producing wealth.