When this place becomes a playground for the rich

The rationale works like this:

Let the rich become richer, get the very rich to come here, and entice them to spend  their money.
The money goes into the economy and generates demand and jobs.
Ordinary people get their jobs and are given higher pay.
So everyone is happier.

What really happens:
We build crazily luxurious housing and hold ostentatious events, making this country the playground of the rich.
The rich, of course, spend, and the ordinary people see the spending.
The ordinary people then aspire to live, eat and play in the same kind of luxury.
Envy, dissatisfaction, resentment then festers.

Society only seems “better off” if you measured “better off” in dollars-sense.

But in doing have we lost our common-sense?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: