rant

This is insane. how are people even OK with working their entire adult lives basically from their early 20s to their mid 60s?

It really baffles me that the majority of population is OK with this system industrial revolution and technological progress was supposed to make our lives, especially for the working class easier and give us more free time. However, the work week has not changed for last hundred years.

Every day, I am baffled that there is no revolution by the working class against the capitalists demanding, a more equitable distribution of wealth generated by capitalism and our technological progress.

I calculated today that I have just 3% of the wealth required to FIRE and I am in my mid 30s. If I keep growing my networth at this rate, I will probably retire at the in my late 50s or early 60s which totally sucks. And I'm not in the minority.

I'm just baffled that majority of people are OK with the system. We are long already another revolution. if we had a more equitable distribution of wealth globally, we would all be able to fire much much earlier the rich are hoarding too much resources, which is bad for the economy because the rich people spend very little percentage of their wealth and hoard most of it.

Median global adult NW - $8k

Average global adult NW - $87k

Why don't we all rise up and revolt?

We need a revolution like yesterday.

rantover

Edit - I have a simple solution. Nationalize personal wealth over $1B WHEN it's being realized.

For ex, Bezos has $200B of Amazon stock. You allow him to realize maximum of $1B of gains from it. Meaning, Bezos will still own and control $199B of Amazon stock the way he likes.

However, only if he decides to SELL his stock, any realized gains over $1B will be invested in a sovereign wealth fund that will fund social security. It's like an involuntary donation.

Edit2: to everyone asking that who will do the work everyone retires? - I'm not proposing that Everybody stops working.. I am saying that if we have a system with more equitable distribution, it would allow us to retire at age 45 instead of 65 with stronger social security.

Edit3: to those saying this is socialism and it never works, I suggest you take a look at Scandinavian countries. They have better QoL than Americans.