Read this piece by Orwell referenced in Poor Economics. How true. :-/
"Instead of raging against their destiny, they have made things tolerable by reducing their standards. But they don't necessarily reduce their standards by cutting out luxuries and concentrating on necessities; more often its is the other way round- the more natural way, if you think of it- hence the fact that in a decade of unparalleled depression, the consumption of all cheap luxuries have increased."
See: Though written at the time of depression, this thought process underlines the mentality of poor people till today. 'They' above refer to the poor people.
"Instead of raging against their destiny, they have made things tolerable by reducing their standards. But they don't necessarily reduce their standards by cutting out luxuries and concentrating on necessities; more often its is the other way round- the more natural way, if you think of it- hence the fact that in a decade of unparalleled depression, the consumption of all cheap luxuries have increased."
See: Though written at the time of depression, this thought process underlines the mentality of poor people till today. 'They' above refer to the poor people.
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