Yes and our standard of living is many times better than it was 100 years, so only an idiot would want to go back to the old standard.
I would argue not much has changed and standard of living was just as good if not better a hundred years ago.
Electricity, home appliances, cars, even electric cars, were all invented and became widespread during the gold standard era.
There are recent innovatios in communications like the internet and pharmaceutical that are better today, but they nuked the major diseases like smallpox a hundred years ago.
The productivity was unparalleled with what was invented and mass produced a hundred years ago and we're still benefiting from what was invented. The difference between life before the gold standard and 100 years ago is night and day compared to 100 years ago and now.
Now you have people inventing shit apps like Instagram Snapchat (estimated to be worth 26 35 billion) for "productivity". That's all we have to show for in this era of financialisation.
I would argue not much has changed and standard of living was just as good if not better a hundred years ago.
Electricity, home appliances, cars, even electric cars, were all invented and became widespread during the gold standard era.
There are recent innovatios in communications like the internet and pharmaceutical that are better today, but they nuked the major diseases like smallpox a hundred years ago.
The productivity was unparalleled with what was invented and mass produced a hundred years ago and we're still benefiting from what was invented. The difference between life before the gold standard and 100 years ago is night and day compared to 100 years ago and now.
Now you have people inventing shit apps like Instagram Snapchat (estimated to be worth 26 35 billion) for "productivity". That's all we have to show for in this era of financialisation.
I'm laughing, but I sense this post was not intended as humour.
I'm laughing, but I sense this post was not intended as humour.
Families had it good in the 1900's.
With a single income, a man can feed his family while his home care taking woman would have the modern conveniences to maintain the family home like running water (1890's), vacuum cleaner and washing machine (1910's), refrigerator (1920's). Food was better as it was cooked by mummy who had all the hours in the day to prepare a decent meal.
In the modern era, both mummy and daddy have to slave away at their jobs to pay the rent or mortgage and pay for expensive daycare, where little Billy and Chloe can pick up all sorts of communicable diseases. No time to cook a decent meal. Thank god microwave was invented in the 1970s so little Billy and Chloe can eat their TV dinner.
For stressed out woman who prefer to cook meat and veggies for their little ones, a little bit of Xanax can ease the pain of spending 10 stressful hours in the office, 1 hour on the road moving to and fro home and work, another hour to pick up the kids from school and daycare, and 3 hours to please the husband's sexual needs and the little kids playtime and the home duties.
With a single income, a man can feed his family while his home care taking woman would have the modern conveniences to maintain the family home like running water (1890's), vacuum cleaner and washing machine (1910's), refrigerator (1920's). Food was better as it was cooked by mummy who had all the hours in the day to prepare a decent meal.
In the modern era, both mummy and daddy have to slave away at their jobs to pay the rent or mortgage and pay for expensive daycare, where little Billy and Chloe can pick up all sorts of communicable diseases. No time to cook a decent meal. Thank god microwave was invented in the 1970s so little Billy and Chloe can eat their TV dinner.
For stressed out woman who prefer to cook meat and veggies for their little ones, a little bit of Xanax can ease the pain of spending 10 stressful hours in the office, 1 hour on the road moving to and fro home and work, another hour to pick up the kids from school and daycare, and 3 hours to please the husband's sexual needs and the little kids playtime and the home duties.
You are seriously misguided or incredibly poorly informed if you think that life was good for the average family in 1900.
Sure at the end of the 20th Century it was good but for the most part it was absolute crap.
Take risks - if you win you will become wealthy, if you lose you will become wise
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