What a great article you've brought to the forefront! I've read it twice, as well as the interesting comments. So much so… that I took a couple of hours to let my thoughts simmer to avoid rambling too much.
Like you, I'm not an economist either, but I do try to stay informed. A difficult task with so many opinions floating around out there.
You skillfully illustrated, based on the family realities of recent generations, how we've come to understand our relationship with money. Incidentally, money is an invention derived from the abundance and surpluses of goods and services, which facilitated exchanges as the population grew.
Hence, the crucial question: What is money?
I'm not going to fall into the trap of offering a technical definition, nor am I going to recount the history behind it. Much less repeat the arguments of so-called conspiracy theorists. And some of those outlandish theories turned out to be true over time, but that's a topic for another discussion.
In practical terms, money is what captures the time you invest in obtaining the goods and services necessary to ensure your subsistence and the safety of yourself and your loved ones. It's that simple.
The problem, then, is that we have relinquished that responsibility to others. We have traded living "freely," assuming the risks, for the comfort and supposed security offered by those who control money.
Do you see the magnitude of what we have faced for millennia?
Money is a shackle for most people. Since becoming aware of this, I admire Diogenes of Sinope more than Plato. Of course, I wonder if the famous philosopher were alive today, he would have a much harder time. I am aware of the great invisible cage that surrounds us. Is resignation our only option? No… The fact that we are here, in a cryptographic space, is a glimmer of resistance.
You've probably heard from religious circles that we should leave big cities, and to be honest, I think they're right in a way. But moving to a better place? No.
We should build them where possible; it's a shame the system is designed to prevent those (which includes most of us), you've rightly called the working class, from doing so.
This is a topic that gives us much to think about, fallacies to dismantle in narratives that have taken root in the collective unconscious. For example, the eugenic narrative is used to address the supposed problem of overpopulation and the planet's inability to meet the growing demand for food. Then I remember barns left to rot, crops, and countless milk cartons dumped due to price disagreements or logistical failures.
Many thoughts remain in my mind, such as the push towards the imposition of universal basic income, the growing impact of AI on our lives, the struggle between globalists and localists, the ineffectiveness of pseudo-democracy, corporate techno-feudalism, and the "you'll have nothing, and you'll be happy" mentality. Anyway, I'll wait for your next post on this topic.
Greetings.
RE: On Rapidly Increasing Wealth Inequality