[Veelox]

Our material wealth in the US is way way higher than it was in 1900 but people aren't happier. I don't think I agree that well of people would stop being happy. Unless you want to define well off in relative instead of absolute terms.

[morbicer]

Look, you might start getting the inequality concept.

Although the absolute wealth of poor might have improved since 1900, people can still be angry that someone is extracting disproportionate amount from the system while their situation is stagnating. See flatlined real wages since 1970s