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Are We Living in the Roaring 20s?

awealthofcommonsense.com

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Re: Are We Living in the Roaring 20s?

#111
post #5

Earlier quoted context omitted.

Malthus never factored ephemeralization into his calculations. We can produce more with less than ever before. Buckminister Fuller addresses this head on in his magnum opus "Critical Path"

The ephemeral nature of the Tweet is nothing compared to the harsh fact that the highly efficient means of production (your producing more stuff with less resources) is in the hands of a segment of the population that wants to segregate itself away from the segment that has nothing but common men in it. So, every time someone tries to rebuke the Malthusian overpopulation condition, it's just a kidnapped person fallin…

Fair points, no doubt.

Re: Are We Living in the Roaring 20s?

#112

Earlier quoted context omitted.

I don't know what the author of the article is drinking. Me and most of my relatives are in a significantly worse financial position since 2020. Wage growth has hardly matched the wild pace of inflation. Saving money is much harder. Decent jobs are hard to come by. It feels like an erosion of the middle class.

Your experiences are anecdotal but may not be the average... the relative number of people in homelessness has reduced from the 90's to today, that is certainly good.. (It has had a slight peak recently post pandemic). Purchasing power has climbed, hunger has reduced, I think all of these are important metrics to consider... I think people are much more polarized and that social media has brought out terrible polarit…

Well the op did state the problem being the middle class though.

Stating this because supposedly, the middle class is not homeless or starving

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