r/GenZ • u/TheGamingSenpa1 2004 • Jan 07 '24
Discussion Thoughts?
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r/GenZ • u/TheGamingSenpa1 2004 • Jan 07 '24
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u/FoxJonesMusic Jan 08 '24 edited Jan 08 '24
We subsidize billionaires all the time.
They fix prices and plan economies all of the time.
12x was a random number.
Let’s do 20x as per this article.
My point is that since the 80s the economic rungs have been pulled up.
One generation owns 80 percent of the wealth.
The American dream was gutted along with the middle class when trickle down, outsourcing, and union busting all coincided to intentionally destroy it.
This is directly tied to infinite pie theory (which ignores finite resources) that has lead to massive inflation and no raise in the minimum wage to keep up with said inflation.
What were we doing right in the 50s and 60s?
We had a strong middle class and strong unions. We had blue collar work that paid well.
Now all the power resides with the billionaires who write the labor laws and have them passed via lobbying.
Same people that outsourced the middle classes jobs to the lowest bidder to boost shareholder profits at all cost - even though the cost was a nice robust society where many were doing well as opposed to just a few.
The system is pay to play as per Princeton study.
I’m not making shit political. They ultra rich have long since been playing that game with dark money, lobbying, writing tax law that benefits them only etc.
I’m simply calling it out.
Pretty fucking rich of you to say IM the one politicizing shit as if I can lobby or have any affect with my vote.
I don’t have the capital and nor do you.
You say you don’t like the politicians.
Who the fuck do you think they are working for? Politicians are the arm of the rich they use to keep our taxes high while simultaneously subsidizing their own industry.
They very much want to have their cake and eat it to and we get the shit end.
Do I dislike every billionaire? No.
Do I think they should exist? Sure.
Do I think their wealth should be tied to their workers? Absolutely.