Hacker News new | ask | show | jobs
by clarebear 4626 days ago
What is the most glamourous aspect of being "poor"? Well, by necessity, they (we) are creative. The 1950s, 1960s and 1970s now appear anomalous in their move toward a more equitable distribution of wealth; such that people in the top, say, 10%, might have had a chance at a share in meaningful power and wealth. The creativity and happiness books, TED talks, and their ilk are trying to make the (middle-)managerial class not notice this for a while longer, or feel better about their place in the distribution that is shifting away from them. The professional middle class spends a lot of time right now differentiating themselves from the lower classes, when in fact if your non-home wealth is less than some number (apparently about $400k in 2004[1]), you have a lot more in common financially with them than with the billionaire giving the TED talk. This is what the Ocuppy movement was trying to tell people. [1]http://www.levyinstitute.org/pubs/wp_502.pdf