this post was submitted on 04 Jan 2024
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Then they downsize workers and further erode merchantability while jacking up prices. Capitalism is a race to the bottom, and those at the top have made sure they will literally be the last to fall. You want to get a billionaire to sell their 4th yacht, it'll only cost us a million people going hungry.
There are ways out of capitalism, but the only fast ones are violent and worse than capitalism themselves. We should be working on moving towards incorruptable governance and social expansion. It happens in slow steps. The millionaire tax in MA managed one of those steps recently, despite some pretty dramatic opposition by the ultrawealthy.