Has recent wealth creation been oppressive?

[Morganist]

I think most wealth recently created was oppressive.

See below.

Morganist Economics: Progressive Wealth and Oppressive Wealth - Have Central Banks Inhibited Progress?

 

[EdwardBaiamonte]

I think most wealth recently created was oppressive.

Yes I agree, for example there are too many PC's, Ipods, Ipads, smart phones, and flat screen TV's that everyone is now wealthy enough to afford!!

This is broad scale oppressive conspicuous consumption that should have at least been reserved for the upper classes. A poor person today is richer than a king was just 50 years ago. This is the world turned upside down for sure!!

Capitalism is the problem since you cant get rich in a capitalist system unless you can make stuff everyone can afford to buy, but that only enriches everyone thus making us all wonder, what is the point of being rich today?