| Kasz216 said:
You seem to not understand what wealth means. If everyone has higher purchasing power... everyone has more wealth. As everyone can afford and has more stuff. Stuff = Wealth. |
how
if a chinese person can only buy 50 times less of what an american can buy then how is this more.
if you are saying people have more food,energy and other basic stuff then partly yes.
but you are discounting human pschology,when industrial revolution started people basic needs got easily covered but their aspirations also increased.
its like giving a person 10 gallons of milk when he can drink only one.also life isn't about survival but progress and hapiness.
if you are stagnating an individual at basic needs then why to live.
