MarketPR
The social contract around income is being rewritten.
Passive wealth gains, the kind that accumulate through asset ownership rather than hours worked, now carry more weight than earnings in determining where someone sits in the economic order.
The shorthand making its way through economic commentary puts it plainly: society has moved from an income world to a wealth world. How the calculus changed For much of the postwar era, a salary defined position.
That model assumed labor markets were the primary engine of advancement and that income, once captured, was the relevant score. The wealth world runs on different mechanics.
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