this post was submitted on 26 Sep 2023
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There's more wealth being transferred in circulation than ever before
There's more food being produced than ever before
Your points are invalid without the context we need better regulation and methods to prevent collapse and waste. We're literally outgrowing by production over our knowledge.
Wealth being transferred is meaningless when it's amongst the wealthy, and more food is also being wasted than ever before.
We're at a point in human civilization where we should be able to provide more for EVERYONE while expecting them to work less, yet here I am one catastrophic car accident or unexpected massive medical bill away from telling my kids we're homeless. But the very fact that, for now, I have a mortgage and my kids are getting a decent education and three square meals a day means I'm still way ahead of a shitload of people in my country, and I'm filthy fucking rich compared to people elsewhere in the world.
My wife and I work hard for our family, but I know for a fact that others work WAY harder. Since their labor is considered less valuable than mine they make WAY less than we do. The dumbest thing is that if society does implode, the guys working manual labor for peanuts will be more capable and provide more value than me, an asshole who sits on his ass all day fucking with Excel.
Our society is fucked.
This is such a sad realization. As a software engineer I didn't really do anything to deserve the income. I work less hard than a lot of people and I'm valued more, for the sole reason that the computer can scale in a way a hammer cannot. I'm here largely because my parents went to college and encouraged me as a child to be an engineer. I didn't earn any of this.
Which, as lingh0e pointed, is meaningless since most of it is coming from and going to the wealthy.
And yet, hunger is still an issue worldwide. What's the point of producing, say, 100 tons of food if 40 tons go straight to the trash?
What context? Inequality is rising and you can check that with a quick search for "countryname inequality index per year". For the food, it's probably harder to really assess how much of the production is wasted, but it's a significant number.
Good luck doing that, as it hurts profits, and the profiteers will spend more money than you and me will ever make in our entire lives combined to fight said regulations.