Basically (almost) everyone has a smartphone sure, but people still struggle to pay rent and other reoccurring living expenses like groceries and medical bills and many are suffering massive debt with no possibility of ever owning a home. We’re serfs with a couple electronic toys.
No, the average person does not live better than a 18 century monarch! Yes, we have electricity, but they had servants, we have technology but they had serfs. So no.
The only 30 year olds I know who can buy a house got BIG down payments from parents. I'm a retiree selling my house for a apartment to avoid maintenance $
The comparison with an 18th century monarch is so disingenuous. It's a deliberately misleading comparisons and he's trying to gaslight us into accepting that poverty doesn't exist. It's Orwellial- Poverty is Luxury!
Not for everybody, and that's part of the problem. Those paid to commentate are doing pretty well. There's sectors who are doing better (if you're on full time min wage, the last few years have actually been quite good. But it's a macro problem, most people struggle to understand macro problems.
Glad I followed you Gary! Watched your YouTube for a long time. Agree with all you say - at some moment, inequality will be addressed - hopefully without too much world wrongs!🤝🤝
We have more material goods yes, but essential goods are getting out of reach. Food, especially the quality kind, is eating up more and more of a paycheck.
It is not capitalism that is bad. It is *unregulated* capitalism that is bad. Without the reins of government to hold it in control, though a fair system of taxation, the rich get richer, the poor get poorer.
Living standard of an 18thC monarch because of technology and medicine - even rich back then could lose all their teeth and die of scurvy at 45 - but we get artificially created scarcity and debt as well as new tech & meds. At our stage of development we should be living in Star Trek communism.
Cannot stand that ***t Zahawi, a disingenuous and crooked scumbag tax avoider who had inside knowledge of government contracts so he could feather his own nest.
Loathsome clown.
Keep up the great work Gary.
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Ask ChatGPT what the effect of that would have been by now.
He doesn't live in the same world as 99% of folk, for certain.
Utter scum.
Tax the rich. Take back their land. Feck 'um.
Loathsome clown.
Keep up the great work Gary.