This a late 20th century myopic view of the economy. In the ages and the places long before, most of human toil was enjoyed by a tiny elite.
Also "rendering such a future impossible". This is a retrocausal way of thinking. As though an a bad event in the future makes that future impossible.
> This a late 20th century myopic view of the economy. In the ages and the places long before, most of human toil was enjoyed by a tiny elite.
And overall wealth levels were much lower. It was the expansion of consumption to the masses that drove the enormous increase in wealth that those of us in "developed" countries now live with and enjoy.