Tuesday, November 26, 2019

Umar Hague - (How) Our Economy Made it Impossible For the Average Person to Live a Decent Life









The Game Really is Rigged — in a Casino Economy, Only the House Wins




I try to put out what I think are really good articles, but every now and again one really sticks out, this is one of them.


There’s a strange and terrible thing that’s happened to our societies. You already know it, because you might well be living it. And yet it goes largely unremarked upon. It’s become more or less impossible to live a decent life by doing an honest day’s or even career’s work anymore — let alone a good one. You can’t live a decent life anymore just by being an average, regular, normal person, with an average, regular, normal career, job, income, at all — not even close — the way that past generations could.


Umar Hague - (How) Our Economy Made it Impossible For the Average Person to Live a Decent Life

1 comment:

Bob said...

Where I live, 60k annual income will allow a family of 4 to live comfortably.
As a single person, I could be driving a Tesla within a year.