Quote (ofthevoid @ 11 Feb 2020 21:06)
People living in developed economies suffer from a much higher sense of entitlement compared to people living in the developing world.
To some of these people it’s unfair that a Cadillac healthcare plan that covers 10x what it did even 40 years ago isn’t an inherent right when it has never been so in any society any time ever. To some of these people it’s unfair that they can’t afford a 2 bedroom apartment in nyc costing 3 grand while there’s billions of families living in one or two room ghettos across the world. You talk to some of these people and they have less perspective than Hollywood celebs showing up in limos that get 10 miles to the gallon or flying in private jets trying to shame others for not doing enough for climate change.
large parts of the current young generation being worse off than the generation of their parents is still a fact though. the standard of living in some third world ghetto really shouldnt be the measuring stick. particularly since productivity and the overall level of wealth in first world countries have continued to go up. people could probably cope with falling behind in relative terms, but falling down the ladder in absolute terms is a recipe for dissatisfaction and, eventually, civil unrest.