GreenDust@lemmings.world to Lemmy Shitpost@lemmy.world · 19 hours agoStart-up idealemmings.worldimagemessage-square69fedilinkarrow-up1604arrow-down117
arrow-up1587arrow-down1imageStart-up idealemmings.worldGreenDust@lemmings.world to Lemmy Shitpost@lemmy.world · 19 hours agomessage-square69fedilink
minus-squareDagwoodIII@piefed.sociallinkfedilinkEnglisharrow-up28·13 hours agoIt’s like any other luxury. Back in 1960, minimum wage was $1.00/hour. You could get a meal at a diner for under $1.00 or go to a really swanky place and spend $4.00 or $5.00. Today, minimum wage is $7.50, a diner meal is $20.00, and a luxury meal is $100.00 You can go out a find a really well build product that will last, but it will cost ten times as much as the one you can afford.
minus-squarerockerface🇺🇦@lemmy.cafelinkfedilinkEnglisharrow-up8·12 hours agoAh yes, the Sam Vimes’ boots theory
minus-squareDagwoodIII@piefed.sociallinkfedilinkEnglisharrow-up8·10 hours agoNope, totally different. Look at the price of Super Bowl tickets. First Bowl tickets were $10.00. This year they were going for $6,000.00 Top luxury car in 1960 was $7,500.00 for a sports car and $35,000.00 for a Rolls or Bentley. Most expensive car today is $30 million. The rich have gotten much, much richer and ‘need’ to spend more so people will notice.
It’s like any other luxury.
Back in 1960, minimum wage was $1.00/hour. You could get a meal at a diner for under $1.00 or go to a really swanky place and spend $4.00 or $5.00.
Today, minimum wage is $7.50, a diner meal is $20.00, and a luxury meal is $100.00
You can go out a find a really well build product that will last, but it will cost ten times as much as the one you can afford.
Ah yes, the Sam Vimes’ boots theory
Nope, totally different.
Look at the price of Super Bowl tickets.
First Bowl tickets were $10.00. This year they were going for $6,000.00
Top luxury car in 1960 was $7,500.00 for a sports car and $35,000.00 for a Rolls or Bentley. Most expensive car today is $30 million.
The rich have gotten much, much richer and ‘need’ to spend more so people will notice.