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_kulang | 18 days ago

I think the answer to this is ultimately economic, and that people will only change their habits when it comes down to what costs them money. Naturally this is because culturally, we have defined our life in this way, and those who value money benefit from the existing culture.

People who treat money as the only resource they need to navigate life stand to lose when things get expensive, but stand to lose even more when other forms of resource (energy, family connections, community) are needed.

As an extension of this I think extreme wealth inequality won’t ever be solved by a more equal distribution of money, and only can be solved by a devaluing of money as compared to other resources and thus a reduction in the power that money has. It’s not surprising then that billionaires end up spending their money on what gives them more control rather than what is a sensible monetary decision, like Musk purchasing Twitter.

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