• Juice
    link
    fedilink
    arrow-up
    37
    ·
    2 days ago

    Its not a flaw, its working as planned. But yeah, our “market solutions”, basically any problem created by capitalism just gets exploited for profit. Even when the economy crashes its actually a good thing for the very rich, as it " disciplines" labor, moves people down and out of the middle class which lowers wages systematically, takes out a few competitors, etc.,

    • PolandIsAStateOfMind@lemmy.ml
      link
      fedilink
      arrow-up
      14
      ·
      1 day ago

      Even when the economy crashes its actually a good thing for the very rich, as it " disciplines" labor, moves people down and out of the middle class which lowers wages systematically, takes out a few competitors, etc.,

      If you look at it, every crisis always results in transfer of wealth up. Covid was the biggest up to date.