If you mean a disposable fast fashion material wealth like Zara, sure; things have never been better.
Yet every indicator of spiritual well being is in the gutter. Suicide, drug use, alienation, the feeling of belonging.
We have BS jobs, to earn money to buy BS we dont need, to read BS on the internet, to ignore our kids.
Further, nobody has much free time today, despite technology doing most of the things that we used to spend our time on. Instead of technology giving everyone free time, everyone just had to work more in order to get the same lifestyle.
Edit: though yes, quality of life is better in many ways.
Even the full-time employed spend on average 3.27 hours per day on leisure and sports on weekdays and 5.94 hours per day on weekends and holidays[2].
Checking the same survey from 20 years ago[3], average work has decreased a bit (was 3.69 hours per day) and average leisure and sports increased a bit (was 5.11 hours per day).
[1] https://www.bls.gov/news.release/atus.t01.htm
This doesn't sound believable to me. This sounds like a luxurious lifestyle for America at any point.
As an example, the Dodge Coronet was $2k in 1950, and median annual income was $3300, so that's 60%. A 2023 Honda Civic is $23k, and median annual income is $57k, so that's 40%. So that's actually better today, especially because the Civic is a far better car than the Coronet.
I think this is lifestyle inflation.
Moreover, Dodge was a mid-level marque in 1950. The proper comparison would be the Plymouth Deluxe, Chrysler’s entry-level full-size car, which had an base price of $1,386 [2], which comes out to 42% of income.
[1]: https://fred.stlouisfed.org/series/MEPAINUSA646N [2]: https://www.jdpower.com/cars/1950/plymouth/deluxe/2-door-cou...
Let's do the math:
- 2023: 16450/40480 is 40.6%
- 1950: 1386/3315 is 41.8%
Even if it were 42% to 57% that's nowhere near 2 cars comfortably then and not now. And that's not even counting that the Kia Rio is a futuristic marvel compared to the older vehicle.
This other business about the cars being more affordable seems like a total fiction.
0: https://www.kbb.com/kia/rio/
1: https://www2.census.gov/library/publications/1952/demographi...