"A person in poverty doesn’t just have “less stuff,” but also lives at the precarious command of the wealthy."
Stealing this and starting my own thread, so as not to derail HeavenlyPossum (npub1s02…zz9t) 's thread with my random witterings that sometimes come up when reading one of theirs.
My next-door neighbours to my right as I look out the front, are, as best that I can tell, *phenomenally* rich.
They live in a detached house (in the UK, this itself is a sound indicator that you are in a different tax bracket), they take several holidays per year - generally cruises - and have lovely new cars.
They're also elderly and retired, for whatever that's worth, but I get the distinct impression that "he" earned a LOT of money during his career. Lived abroad for several years for work, and so on.
What do I mean by "phenomenally rich"?
Well, I mean all of the above. That's it.
A person in poverty doesn’t just have “less stuff,” but also lives at the precarious command of the wealthy.
Most people in the US are aware, on some level, that in some financial market thousands of miles away from them, some anonymous finance bro might casually make a gamble that cripples entire sectors of the economy and potentially costs them their job, their income, their heath care, their ability to feed their family, their home, their community, and their status as a dignified member of that community.
https://www.theguardian.com/world/2009/nov/01/detroit-michigan-economy-recession-unemployment
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