The critical thing to realize is that a standard of living is not a standard, for the quality of life is dependent on your strength as an individual paired with the renewable strength of those around you. Hence, the quality of life is not defined by a suggested standard of living measured by absolutism but is instead defined by relativity.
You may realize that when everyone makes more money, you will soon also pay more money for everything you need. And subsequently, the subpriming around oligarchic control of said money will reduce the choices you have as a human being. So, a mere higher standard of living, so often lauded and envied, in actuality hands your freedom over to those who arbitrate money. Systematically reducing freedom while you become enslaved to a rat-race of money, evolutionary cancer.
Notice how I used strength, not growing as a measure of the quality of life, for the strength of renewal of a country is more important than a rat-race for economic growth. For growth beyond the boundaries of a country’s innate capacity becomes an imploding fractal, induced by a growing infestation of have-nots.
The way we build operating-systems for humanity must change, to become compatible with nature’s evolution. So we protect our personal and collective freedoms from being devoured by a vile-maxim of money, and we maximize the strength of human renewal.