Honestly? Fuck "Fortune." I hope it will eventually be called "Bankrupt."
A Boring Dystopia
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Feeling so vindicated, Americans are massively becoming not just socialist, but outright communist
Not to be that guy... But Americans have always been partially socialist. That's the reason child labor is not supposed to be a thing, your work week isn't 60 - 80 hours long without overtime, you have things like vacation days, sick leave, agencies in charge of stamping out food and drug adulteration, OSHA codes for safe workplaces, a public school system, public libraries, banking regulations... And a very long list beyond that.
Do you think any of these things are naturally occuring under a capitalist system? These were the fights you can map to specific socialist movements of the past.
But who am I kidding anybody who unironically starts complaining about Communists is so far up McCarthy's ass all they can smell is grave rot.
Children cost, who would have thought.
"Fuck planting a tree, I'll never get to sit in its shade!"
1% of the U.S. population holds >31% of the country's wealth. Is it any wonder so many of the rest of us are broke?
what's the point of having kids if you're not gonna do anything for them the second they turn 18
The era of a strong economy was brought on by factors from WW2 and the weakening was brought on by 2-3x growth in world population.
More people fitting into the same cities means less space and more demand.
More people means more workers for jobs that pay even less because the competition is fiercer than ever.
More people means more percentage of resources going to surviving and less on luxuries.
We can give a small % of global population luxury. US QOL isn't sustainable on a global scale with the resources available in the world.
In my opinion, the whole population growth excuse is always an excuse and leads to dangerous results. The growth in population in Western countries has completely decimated since WW2. At this moment, only Africa is thought to have a positive growth number in the coming years. The population has grown, but the needs of almost the entire world have drastically increased. Leading to enormous growth in wealth and also productivity. That productivity has not been translated into less work, and the population increase has not translated into less work. Both of those things have translated into more wealth and more wealth inequality. Blaming the housing crisis/ financial crisis on too many people will only lead to racism, while the system keeps sucking everyone dry and making very few rich. There is plenty to go around, and the population growth is a story of the last century. We will reach our cap this century with all its effects to it.
I hope no one takes this the wrong way, because I fully support equality for all races and sexes, but there's also double the workforce now. Women entering the workforce and eventually gaining near, or sometimes even superior footing, means that there are twice as many people competing for the same jobs. A larger candidate pool means companies can pay less and it's harder to get a job for the individual.
Tbf, the boomers came of age in the 70s, so the economic system was well in decline by then.
Part of the problem is a secular cycle. The baby boom of the postwar period helped fuel a big economic expansion that helped people for a while, but eventually the power of individuals fall because there's so many people.
Most boomers didn't want their jobs to move to China. China is starting to experience the same secular cycle ironically.
Many millennials were the same age during the gfc. Are you to blame for that? Are you to blame for the debt expansion and money printing that have promised to destroy the next generation? Zoomers came of age during covid, are you to blame for covid policies that destroyed the economy?
I mean, is it really surprising that a generation full of Karens who have blamed other people their whole life for their problems are now blaming their posterity?