- cross-posted to:
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- cross-posted to:
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cross-posted from: https://lemmy.ml/post/16038479
Marxist Financial Advice
cross-posted from: https://lemmy.ml/post/16038479
Marxist Financial Advice
Everyone needs to read “Hell’s Angels” by Hunter Thompson.
There’s a chapter where he lays out the economics of being a biker/hippie/artist circa 1970.
An Angel could work for six months as a Union stevedore and make enough to hit the road for two years. A part time waitress could afford an apartment for herself and her musician boyfriend.
But how many super yatchs were there in the seventies?
Checkmate workers
That’s another thing I always mention.
When Ronald Reagan took office, ‘middle class’ was defined as one Union salary job supporting a family of four, and $1 million was considered a vast fortune.
By the end of Bush Sr’s term, ‘middle class’ was two jobs to keep the family going, and $1 million was what a rich guy paid for a party.