this post was submitted on 30 Jul 2023
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Because the economy growing didn't mean people got wealthier. This time the capitol owners took all the benefits for themselves driving mass inequality and the end result is most people getting much poorer.
Economy growth without more equal benefits isn't useful to most people. The people are still in recession.
Yep. We’re in the actual late stage capitalism — the majority of politicians are full-blown corporate sociopaths bought and paid for by the wealthy; so much so that most of them don’t even attempt to act competent anymore. “competition” is 1/10th what is was decades ago due to corporate expansion and consolidation/acquisition. Greedflation is extracting whatever value remains from the collapse of the middle class. Economic mobility has been destroyed across the developed world from decades of neoliberalism. Wealth inequality is higher than it was during the Great Depression, and the opportunity to own a home or provide for a family is non-viable without a significant reduction in quality of life/standard of living for the first time in at least a century. Automation and AI are rapidly advancing to completely devalue/replace human labor. There is a near scientific certainty that climate change will cause ecosystems and agriculture to collapse around the world, and billions to starve, sometime in the next 20-50 years.
If anyone wonders why people are not having in kids in 2023, I auto-assume they’re a complete simpleton dumb cunt or suffering dementia.
Capitol owners is quite a good pun.