Stu on Nostr: Unpopular view: For a westerner, the gain in quality of life from zero to median ...
Unpopular view:
For a westerner, the gain in quality of life from zero to median income, is about 100 fold the magnitude of quality of life gains from median income to billionaire.
People think wealth and quality of life are linear, but this is completely wrong. For some reason nobody believes it?
Capitalism is incredible because it delivers tremendously oversized quality of life gains at the median income level.
Between your smartphone, your mattress, your refrigerator, and your wardrobe, you have 97% of what is possible for a King.
You can pretty much travel to any place, see any sight, access any information, see or consume any art or eat any food.
The average person today has a preferable quality of life than eg Luis XVI, or Eisenhower.
If you ever find yourself wanting, you should first make full use of the things you already have.
For a westerner, the gain in quality of life from zero to median income, is about 100 fold the magnitude of quality of life gains from median income to billionaire.
People think wealth and quality of life are linear, but this is completely wrong. For some reason nobody believes it?
Capitalism is incredible because it delivers tremendously oversized quality of life gains at the median income level.
Between your smartphone, your mattress, your refrigerator, and your wardrobe, you have 97% of what is possible for a King.
You can pretty much travel to any place, see any sight, access any information, see or consume any art or eat any food.
The average person today has a preferable quality of life than eg Luis XVI, or Eisenhower.
If you ever find yourself wanting, you should first make full use of the things you already have.