Being rich used to mean you had access to goods and services that the poor simply didn't. These days, not so much.
In the past having a lot of money allowed you to do and have many things that most people didn’t have.You could have a TV while your neighbors listened to the radio, air conditioning while they sweltered in the heat, go to the movies while they played board games, a vacation to tropical destinations while they drove to the lake.
But the incredible advance of technology has made almost all the luxuries of life accessible to wide swaths of the population.
fee.org/articles/being-rich-isn-t-what-it-used-to-be/https://fee.org/articles/being-rich-isn-t-what-it-used-to-be/
In the past having a lot of money allowed you to do and have many things that most people didn’t have.You could have a TV while your neighbors listened to the radio, air conditioning while they sweltered in the heat, go to the movies while they played board games, a vacation to tropical destinations while they drove to the lake.
But the incredible advance of technology has made almost all the luxuries of life accessible to wide swaths of the population.
fee.org/articles/being-rich-isn-t-what-it-used-to-be/https://fee.org/articles/being-rich-isn-t-what-it-used-to-be/