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The Legitimacy Crisis - by David Phelps - Three quarks

davidphelps.substack.com · 2,208 words · saved by 1 readers

The good, the bad, and the ugly of tokenizing self-worth

All else aside, times of extreme economic inequality make it obvious that money is a bad proxy for one’s self-worth: if it were a good one, after all, most people wouldn’t have much at all. Still, the American Dream depends on some notion that self-worth will eventually translate to monetary earnings, so we find ourselves in an uncomfortable state. We know it’s wrong, of course, to think that one’s value as a human can be measured by bank statements, but it’s not as though our politicians, screenwriters, and influencers have given us much alternative. Note, for example, how often go-to…

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