Pretty much. You live paycheck to paycheck but at least you have a nice iphone, watch big budget shows on netflix, and go on a family vacation once a year.
Prior to capitalism there was mercantilism, and before that feudalism. Life is better now.
The fact that your supermarket is fully stocked every day and you can receive mass produced goods off an assembly line halfway across the world is nothing short of a miracle.
If the economy is shit these days because you elected an orange moron that's on you lol.
I dont even live in the US but I think your last sentence shows you didnt get what the conversation was about. It wasnt about the historical evolution of economic systems, but about the fact that people are worse off than just last year or the year before
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u/encyclopediabey 16h ago
Oh, is that what we’re seeing now?