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Dr. Paul's avatar

The Revolt of the Rich kids theme seems to have very striking resemblances to the characters of this video on the French Revolution- the Robespierre types and “Guillotine” strongly resembling “Cancellation” as part of the culture…

https://youtu.be/8qRZcXIODNU?si=jJSGAt-gXaqsXlNd

DWAnderson's avatar

Re Revolt of the Rich Kids, this is the flip side of economic mobility. Not everyone can move into a higher quintile and some have to move down. That's just math.

The good news is that in a absolute terms, even the downwardly mobile get a better life due to technological progress.

The bad news is that the same isn't possible for status, which is a zero sum game in any given ordering of status.

But, people can choose to focus on (I) gratitude for their higher absolute standard of living, and (ii) choose a type of status where they can do well (many have nothing to do with wealth).

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