It seems that most of what is being written about the current state of the political economy is pretty gloomy. The Rich Are Getting Richer seems to be the mantra of many on (surprisingly) both sides of the political spectrum. And statistically, the numbers don’t disagree. We also are bombarded with the ‘rising cost’ of seemingly everything even though wages are only growing slowly for some. I’m not here to debate the whole wealth and income inequality issue. I’m not really into stirring that pot and I’m pretty sure it has been stirred enough. But it is interesting to see what is often neglected and fails to make headlines or cover pieces for major media. In many ways, we are all getting richer.
Are we actually getting poorer or richer? I think we are getting richer. We live in a time of incredible security and opportunity. Technology has increased so rapidly in the past fifty years, we can’t even comprehend how fortunate we are. It is a pretty cool time in history to be alive. First world countries today are incredibly wealthy. Even second world countries have access to amenities that would have only been available to the insanely wealthy just a hundred years ago. We are really rich. We have so much, not just in material possessions, but in security, opportunity, and availability of knowledge. We even have access to incredible, delicious food year round! Continue reading We Are All Getting Richer