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Here's the thought experiment of the day: If you could be transported back to 1900 with your current income, would you take the deal? The answer is almost certainly no. Sure, your current income would go a hell of a long way in 1900, but you'd still swelter in the summer because all the money in the world couldn't buy you an air conditioner. Ditto for plane travel, penicillin, automobiles, etc. etc. Even with a lot of money, 1900 looks pretty crappy.

-- Kevin Drum at Mother Jones

He goes on to ask whether you'd take the deal for 1973, and he still sides with the present era for the reasons that I imagine would come first to our minds: personal computers and the Internet. The discussion is a little something for those who may feel like they are part of an oppressed class. It is a richer world almost all the way around, especially in the advanced countries. Even so, great inequality is dangerous, for power does corrupt.

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monk222

May 2019

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