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keccers
@keccers.eth
If you make <$250k annually, you matter less and less to the economic outlook. https://www.marketwatch.com/story/most-americans-cant-afford-life-anymore-and-they-just-dont-matter-to-the-economy-like-they-used-to-5c5aaca5
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DV
@degenveteran.eth
Because they have more and more to spend because they take from that 90% 😲
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keccers
@keccers.eth
Yes. And now we have a bunch of confused people hating all of capitalism when really they hate this unchecked “max extract” version
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DV
@degenveteran.eth
My brother is a CPA VP Finance guy So he would explain how demands to increase wages etc wouldn't help as the people that control (CEO's etc) just increase prices, decrease amount given per transaction for same amount of money, cut workers etc in order to continue their year over year gains... Yep...
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Purp🇵🇸
@purp
But this is the inherent contradictions in capitalism that marx predicted that capitalists would never be able to solve and that would always on a long enough timeline cause the material conditions of the workers to break down that would bring capitalisms demise
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keccers
@keccers.eth
They hire McKinsey to do this so their names don’t have to be attached and they can externalize responsibility
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