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buddermonger2000
Economics Explained
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Comments by "buddermonger2000" (@buddermonger2000) on "Is Wealth Inequality Actually a Problem?" video.
@asmsayeem3973 Tbh it is... the only difference is that the bottom two levels of the pyramid don't apply.
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Here's a question: are those issues truly created by the actual economic system? What about the system creates these issues? Because by your metrics it would be better for all humankind to go back to the feudal system. Less depression, anxiety, more satisfaction with life, etc. You were happy in your life and nothing really bothered you. You worked the fields with your family and you were happy. I'm really not convinced that the system itself has caused these issues and in fact I'm fairly certain of anything it's the technological innovation that has done so. You don't have time to be depressed if you're focused on simply attempting to not die constantly, if you are simply working all day in a field making sure everything is together, trying to not die to diseases that come from everything around you. What we have is a life of comfort and there's little hardship in modern life. People are comfortable and don't need to work hard. We also tend to not interact with each other as much and view more and more people with suspicion. Have you noticed how many people hate people who just genuinely love everyone or think those kinds of people don't exist? I'm not really attempting to refute your arguments on a philosophical level, but instead asking you to think about this on a historical and practical level. What do you think is different today, that wasn't different before? While thinking about that please remember that all of the problems you've mentioned with people today, largely weren't present before, yet there was still very large wealth inequality.
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