If you compare wallet size, you're likely bound to find someone with a fatter wallet.
If you compare wealth over time, you may find you're richer than many just by opening your kitchen cabinets. [0]
As long as humanity moves forward for each other (and we don't * up [2]), wealth increases for everyone, on average. [1] In metrics that a dollar amount can't capture.
I don't really buy it. It's not just about having food and shelter, wealth inequality affects culture, social issues, the collective psyche, etc.
Also you're going back really far there with a salary..what's the logical conclusion? The minimum standard of living should be based on society hundreds of years ago?
If you compare wallet size, you're likely bound to find someone with a fatter wallet.
If you compare wealth over time, you may find you're richer than many just by opening your kitchen cabinets. [0]
As long as humanity moves forward for each other (and we don't * up [2]), wealth increases for everyone, on average. [1] In metrics that a dollar amount can't capture.
[0] https://en.wikipedia.org/wiki/History_of_salt [1] https://en.wikipedia.org/wiki/Wealth [2] https://en.wikipedia.org/wiki/Global_catastrophic_risk
Warren Buffett: "Time is the only thing you can't buy."