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284. Superabundance: The Age of Plenty | Marian Tupy, Gale Pooley

The Jordan B. Peterson Podcast

NOTE

The Blue Color Worker and the Unskilled

By analyzing the prices of commodities and food from 1850 to 2018, focusing on blue-collar workers and unskilled laborers, it is evident that the time price has significantly decreased for essentials like rice, pork, coffee, sugar, and lamb. For example, the cost of rice dropped by 99%, making it possible to purchase 111 units for the price of one unit. This trend is consistent globally and in the United States, showing a substantial improvement in personal resource abundance. Hourly compensation rates rose significantly, indicating a considerable leap in living standards over the years. These insights illustrate the remarkable increase in affordability and accessibility of basic necessities, highlighting the significant improvement in the quality of life compared to the past.

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