Has America become an oligarchy?

mookiemookie · 10-30-11, 09:14 PM

Quote:

Originally Posted by tater

Two, and this is critical, IMHO, "wealth" is very hard to measure in a way that is meaningful for comparing people's lives, particularly compared across time.

It's absolutely irrelevant. The poor of today live better than the poor of the 1890s, and the poor of the 1890s lived better than the poor of the 1690s, and they lived better than the poor of 2000 BC. But what's that tell us? Absolutely nothing of the gap between the richest and the poorest today, which is the entire point. If a rising tide lifts all boats, then why are some boats rising faster than others? How the poor lived 100 years ago is irrelevant to the discussion.

gimpy117 · 10-30-11, 10:18 PM

It's been game over for the little Guy in the US for a long time. I'm still waiting for the super rich in this nation to build castles and start calling themselves lords.

1480 · 10-30-11, 11:05 PM

In the end, wealth is just another grading system.

10-30-11, 10:18 PM	#2
gimpy117 Ocean Warrior Join Date: Jul 2007 Location: Kalamazoo, MI Posts: 3,243 Downloads: 108 Uploads: 0	It's been game over for the little Guy in the US for a long time. I'm still waiting for the super rich in this nation to build castles and start calling themselves lords. __________________ Member of the Subsim Zombie Army

10-30-11, 11:05 PM	#3
1480 Lead Slinger Join Date: May 2007 Location: Chitcago, Illinoise Posts: 1,442 Downloads: 74 Uploads: 0	In the end, wealth is just another grading system. __________________