[customguy]

That in this context, it's about the wealth that leads to "having economic power over the people around you". That is zero sum, and the general rise in absolute living standards is as relevant to that as a comment about apples is in a discussion about Apple.

[rmunn]

Ah. When that one commenter said "Wealth is having economic power over the people around you", I ignored him, because that's a ridiculous definition, not to be taken seriously. Any argument that arises out of that definition is inherently flawed, since one of its premises is false; it would be like saying "Since the moon is made of green cheese, therefore X". The definition of wealth that nearly everyone agrees with is, well, I'll just cite the opening line of https://en.wikipedia.org/wiki/Wealth because it's a pretty good summary: "Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions." Or, to put it in simpler terms, wealth is the stuff you have that you can use to satisfy your desires. Anyone trying to make it about economic power over people is trying to redefine the standard definition for his own purposes... and that's usually a big red flag warning you of a bad argument.

[customguy]

it is simply one meaning of the word, and you talking about something else instead a waste of time.