Showing posts with label affluence. Show all posts
Showing posts with label affluence. Show all posts

Sunday, May 24, 2020

Life in the COVID-19 Age

The snare in which humanity has been caught is an economics—great industry and commerce in service to great markets, with ethical restraint and respect for the distinctiveness of cultures, including our own, having fallen away in eager deference to profitability....The prestige of what was until very lately the world economic order lingers on despite the fact that the system itself is now revealed as a tenuous set of arrangements that have been highly profitable for some people but gravely damaging to the world. 

Marilynne Robinson, What Kind of Country Do We Want? (NYRB)

Sunday, March 24, 2019

...You have to remember that there are seven and a half billion people on earth and only about fifteen hundred or so of them are billionaires.  There's a kind of penumbra of rich people—another few hundred thousand—and a twilight zone of merely affluent people whose standard of living and location is basically the extent of their wealth, a kind of geopolitical fortune rather than a bankable one, and then basically everyone else is as poor as hell.

Nick Harkaway, Gnomon

Tuesday, November 28, 2017

The disdain that so many people feel [millennials] reflects an unease about the forces of deregulation, globalization, and technological acceleration that are transforming everyone’s lives. (It does not seem coincidental that young people would be criticized for being entitled at a time when people are being stripped of their entitlements.) Millennials, in other words, have adjusted too well to the world they grew up in; their perfect synchronization with economic and cultural disruption has been mistaken for the source of the disruption itself.

Jia Tolentino, "Where Millennials Come From" (The New Yorker, December 4, 2017)