Comment by ohthehugemanate

Does the improved quality of life get locked up? Americans have developed pretty staggering wealth inequality in the last 3 or 4 decades, for example, but the material quality of life has greatly improved in the same period of time. More people own homes, more people have more and better cars, everyone has access to more entertainment outlets, etc. Yeah, Steve Jobs gets a diamond studded speedboat, but everyone else gets Iphones. It's not equal, but it does represent a significant improvement in material quality of life.