Many people think the economy is a fixed pie. Do a quick google: inflation adjusted gdp per capita is increasing exponentially(!) over time as we find new ways to create wealth. If the pie were fixed our living standards should decrease over time as there’s more mouths to feed.
I’m not saying local deviations don’t exist - I can lose my job - but globally wealth has been growing continuously and poverty is being eradicated. This is only possible with wealth creation. Look up Hans Rosling’s work.
https://www.google.com/search?q=world+gdp+per+capita+over+ti...
I’m not saying local deviations don’t exist - I can lose my job - but globally wealth has been growing continuously and poverty is being eradicated. This is only possible with wealth creation. Look up Hans Rosling’s work.
https://goo.gl/images/QejAcY