• cardboardboxfort@lemmy.world
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      5 days ago

      Greed. It’s as simple as that. Greedy corporations, greedy Wall Street bankers and the greedy citizens that permitted the deregulation of business, finance and politics stole our future.

      Economist back in the 1950’s were predicting that productivity would increase to a point where we’d all work 3-4 days a week and have a higher standard of living than was available at the time. We got the productivity increases but greed syphoned it off to the CEO’s and Board members instead of the workers.

      • Doomsider@lemmy.world
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        4 days ago

        Yes, you are correct. I suppose I should have included finance and all their garbage financial instruments like derivatives.

        • cardboardboxfort@lemmy.world
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          4 days ago

          You were right as well, like most things there were numerous factors at play. Greed is sort of an answer that is too broad, to be fair, but the specifics are complex.

    • ChicoSuave@lemmy.world
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      4 days ago

      And techbros and Wall Street and all those little regional corporations that accrue millions a year in excess profit. It’s all the rich people.

      The future was monetized and sold back to us with the idea that anyone who can’t afford to pay can’t afford to live but no one calls it a genocide when it’s against a diverse socioeconomic class.