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@Shila
Relative wealth give meaning to relationships, job security, social status on a temporary basis whereas absolute wealth makes the same relationships, job security, social status permanent.
I don't agree with that framing. For example, consider being a king in an ancient civilisation, compared to living on welfare, or working in some temporary minimum wage position in the current year. Maybe the person on welfare is living, technically, with more comfort than a king thousands of years ago. But their position is much more precarious, their relationships are less secure. This is not improved merely by raising the overall level of absolute wealth. It is a function of the levelling of wealth, in other words, equality.
There is a complex relationship between the two, since the improvement also creates a kind of floor. But we can see, that there is a growing pool of people with absolutely no relationships, whose work is more precarious, who own nothing. This is clearly a dangerous situation, and it doesn't need to be that way.
