This is true when you look at raw numbers but you'll still get some pushback on this fact since the pace of USA's drop in median wealth has been so sudden. As in my home country of Australia now has ~2.5x the median wealth per capita compared to the USA. This never used to be the case at all. Australia still has a lower average wealth but this is just telling of the extreme inequality. The median and averages aren't meant to be this far apart.

https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe...

Sort by median and compare to average wealth to see the issue the USA has right now. The USA's median wealth in 2007 was $173,151 in inflation adjusted teams for some reference, it dropped in 2008 and never really recovered. It's now well below many other Western nations.

Nomadland the book documents this for a lot of Americans surviving in the brink in the aftermath of the 2008 crash, turning to living in vans and RVs, a less glamorous version of van life, barely scraping by and eventually bad luck or circumstance of some kind of another just crushes individuals. Even in Silicon Valley just a few streets from Google HQ in Mountain View on Longhorn and other streets there are several blocks filled with RVs of folks I assume like the ones in Nomadland. https://maps.app.goo.gl/KQY2AWL2sNfGem44A

“Gas Station Sushi: Fresh one day a week, but no one knows which one…”

I read the post as involving seeing the other family at Walmart, but the buying of things not needed and consumption of lobster as happening elsewhere.

Activism was a big part of my life, even full time at times, from 1991-2005 and I spent a lot of time going into rooms inhabited by different groups building bridges not to mention tabling, going door to door, getting signatures for political candidates, you name it. So I've had a lot of experience to how people react to different messages when I deliver them and when other people deliver them and I've got strong and grounded opinions about discourses that are counterproductive and make me wish I could use a hook to shuffle people off the stage.

The word "privilege" and especially the phrase "white privilege" is at the top of that list.

There really are some privileged individuals who are entitled and could use some bringing down but if you're speaking to a group you really don't where people are coming and frequently when I talk to an individual I find my expectations about their history and point of view are completely wrong. In particular I know a lot of white people who have black problems including the meaningless-but-fatal confrontations with the police. For the most part [1] black people are more concerned about racism in America than white people, but know many black people who resent the idea that they are first-and-foremost descendants of slaves and victims of racism and it's such a strongly held feeling for some that if you give them a choice of a strident "anti-racist" and a flagrant racist they'll pick the latter.

[1] I've met exceptions!

That's as may be, but still, remember what Lyndon B Johnson said about controlling the lower classes.

Something about convincing the lowest white person that they're better than the best black guy.

I don't see that ploy failing to work in the US for a long, long time. So maybe the elites will lose control and thus, the "war"? But I doubt it.

I'm not sure if the next few generations will have the same opportunities as the last few that enjoyed America's dominate place in the world, who also took out incredible amounts of debt that the upcoming generations will have to pay back somehow.

The values you mention are timeless & should be taught to all.

Hopefully technology continues to be a thing that rises all boats & that more people can get said boat.

I fear the current tax laws, political contributions & financial regulations favor those with more wealth so much that when you factor in compounding, their wealth will continue to grow at extreme levels compared to those with less wealth. Retail needs to start pulling their money out of stocks until large companies reduce executive pay to reasonable levels. Otherwise we just blindly keep supporting this current chaos. I believe we also need to start taxing margin loans, instead of going down a wealth tax road.

The last 100 years has been the era of the American Empire, which is monetized through the network effects of the dollar and dollar-denominated-assets. We don't have ships full of Potosí silver, but we do have 10% yearly S&P returns in an economy growing 3%. Extrapolating another year of that is probably reasonable, extrapolating another 100 years of that is probably not.