Capitalism has given us the live style we enjoy today. The poor are getting richer. “Fear from Want”; Increasingly fewer of us go for the want of anything. Black Friday is a good illustration of this. It used to be that only high-income people could afford the niceties of life that people are lining up for today. Big screen TVs that used to be outside of most people’s dreams are now easily obtained. In fact, since the cost of waiting in line during the Black Friday sales is so high for wealthy people (are they taking a day off work?) the vast majority of the buyers are, in my own estimation, part of the middle and lower income brackets. Compare the “poor” of 40 years ago with the “poor” of today – I know who I’d rather be. All those things that we take for granted today – like telephones, clothes washers, driers and the like – were relatively scarce for regular Joes and Janes in the 1970s. Next to no one is lining up today to get a great deal on a washing machine; they already have one!
Posted on: Fri, 29 Nov 2013 23:25:16 +0000
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