this post was submitted on 06 Oct 2024
33 points (97.1% liked)

Futurology

1888 readers
132 users here now

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 3 months ago

It comes back to the apocryphal tale that Henry Ford paid his factory workers a living wage high enough to afford the vehicles they constructed. While there's good economics in respecting demand-side economics, eventually something is going to give in this overall decline that's been allowed to continue