Planting /
What constitutes a good living?
This page explores the concept of what constitutes a “good” living. The focus
is on quantifying the amount of income needed to achieve a comfortable and
sustainable standard of living, considering various individual and societal
benchmarks.
- Root Depth: about a year.
- Growth Stage: about 10 minutes.
- Cross-Pollination: untested: feedback appreciated!
- Last updated: 06 Aug 2024
- This page makes more sense if you’re familar with the idea of a digital
garden.
- Related plantings: How do you make a living?
A starting point
- We want everyone to have a good living (like, all 8 billion of us). This is a
given for me, but does everyone think this way? (might be a planting in its
own right)
- As a placeholder, I’m using $200K USD per year to define a good living.
- However, this amount and framing are obviously not right.
- For a start, we have to account for factors such as the local economic
region.
- We need to consider previously accumulated wealth. For instance, $200K in New
York City when you already own a comfortable apartment outright versus
starting from scratch and renting are very different scenarios.
- And of course, if you give everyone $200K, it would distort our current
economic systems in a way that it would essentially be meaningless.
- So this page should iterate on defining a good living by focusing on
lifestyle and affordances, then work backwards to quantify/model that in a
realistic way.