Re: <nettime> Tom Hodgkinson: What do they do with all that money? (The Idler)

[Patrice Riemens <patrice@xs4all.nl>]

On 2019-04-26 02:12, Morlock Elloi wrote:
> It's an easy answer, just imagine that you've been asked by someone
> from one of the several African nations with GDP less than $800/year,
> effectively living from $5 a week: How can you possibly spend
> $200/week? (for EU dole recipients.)
>
> Once you get beyond bare basics to keep a humanoid alive for its
> natural life span (30-35 years), everything is artificial luxury and
> manufactured need. Differentiating between $200 and $500,000 a week is
> frivolous.

It is not, because whereas the 200 bucks are sparingly, effectively 
spent, a large part of the 500K are thrown out of the window, a.o.t. on 
security. That's simple economics - even for the cynics among us.
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