alt Hacker News> Look at the wealth disparity. Even if quality of life has increased, it's not wrong for the people delivering that increased quality of life (workers) to also demand a requisite slice of the pie.
Sure, but the argument being made is that "productivity gains accrue to the benefit of solely those at the top of an enormous pile of wealth."
That is simply not true. Across the entire world, from rich countries to poor countries, economic development, driven in large part by technological development, has resulted in a dramatic improvement to everyone's quality of life.
https://ourworldindata.org/history-of-poverty-has-just-begun
The way some people talk about it, it's as though they wish they were middle class in the 1920s instead of in the 2020s. People are so. much. richer. today. In ways that really matter, like education, retirement, ability to travel the world. MEDICINE.
I get that it still sucks today. The only point I'm making is that it's false that the historical economic surplus has accrued "solely" (or even, mostly) to the wealthiest. It's not true.
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> I get that it still sucks today. The only point I'm making is that it's false that the historical economic surplus has accrued "solely" (or even, mostly) to the wealthiest. It's not true.
It is, though, if we talk scale. The rich went from having big houses in the 1920s to being sent into space, or building private libertarian colonies, or buying elections, or potentially increasing their lifespan a few decades, in the 2020s. The working class went from working 40hrs a week until age 64 when they retire in a house they own, to working 60hrs a week until they die, but hey, that death might be at an older age!
The improvement disparity between the two makes the improvement for the working class insignificant enough to be dismissible. I don't buy into the idea that the working class should be grateful that the scraps now have better seasoning.
I mean really, just look at the wealth gap. Imagine how much better the lives of everyone could be if that wealth was distributed better! Fuck a 20 hr workweek, what about 5?
Both can be true. Standards can both have improved since the 1920s and income inequality can be equivalent or worse than the gilded age. This would be coherent with improvements mostly being funneled to the top, while some benefits accrue throughout the economy.
However the story is much more dynamic and interesting than that, with income inequality shrinking until the late 70s and early 80s, then expanding drastically until now, half a century later. That period of lower income inequality is mostly why things got better for the working class (but science and technology have marched on regardless).