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In reply to the discussion: Why can’t we see that we’re living in a golden age? [View all]rug
(82,333 posts)33. Speaking of spiritual phenomenology, Norberg is describing crisis capitalism.
The problem is, you're both leaving out the crises that accompany the capitalism. Put an overlay of the wars, empires, and economic crashes on top of the rosy view of the 200 years of capitalism that Norberg celebrates. What is a golden age for some is unrelenting crisis for most of the world.
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Why are you against people having clean water and getting out of extreme poverty?
Recursion
Aug 2016
#5
"Income per household has increased by more than 30% since 1970..." 30% in 46 years averages
Cal33
Aug 2016
#16
So that says the middle class has shrunk because more people are upper income
Recursion
Aug 2016
#49
Probably because all the gold is in only a few places and its hoarders refuse to share
Warpy
Aug 2016
#52
Since I make less in real dollars much less adjusting for inflation than I did 12 years ago
TheKentuckian
Aug 2016
#64