is everyone richer than me?
Envy is increasing. This is normally phrased in terms of “inequality”, and that is indeed one way to look at it, but let’s rotate it by a few degrees and talk about envy. The return of great fortunes, the rise of social media, and the decline in religion has led to escalating envy. Every day, people can see others online who appear to be better off
... See moreBalaji Srinivasan • The Network State: How To Start a New Country
Budget culture makes money all about you — your actions, responsibilities and mindset. But individual actions can’t overcome persistent pay gaps, generational trauma, systemic oppression and algorithmic bias. No money management method can square rising housing costs with stagnant wages. No amount of self control can make up for the costs of “profe... See more
Anne Helen Petersen • Budget Culture and the Dave Ramseyfication of Money
Socially enlightened members of the educated elite tend to be disturbed by the widening gap between rich and poor and are therefore made somewhat uncomfortable by the fact that their own family income now tops $80,000. Some of them dream of social justice yet went to a college where the tuition costs could feed an entire village in Rwanda for a yea
... See moreDavid Brooks • Bobos in Paradise: The New Upper Class and How They Got There
The modern world makes it hard not to constantly track your progress against someone else’s: Glassdoor salaries, home square footage, vacation selfies, and your Bumble date’s high school soccer stats can be instantly summoned with a Google search.
Liz Fosslien • Big Feelings
The Selfish Capitalist toxins that are most poisonous to well-being are the systematic encouragement of the ideas that material affluence is they key to fulfillment, that only the affluent are winners and that access to the top is open to anyone willing to work hard enough, regardless of their familial, ethnic or social background – if you do not s
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