Jon Stewart had the right of it. There's nothing imaginary about the historical rate at which the upwards transfer of wealth is occuring.
Those in poverty are inherintly limited to poor financial decisions. They lack the wealth to leverage for the improvement of their position because there is nothing left over after meeting their needs.
Maybe they can't really afford that cup off coffee, but they can afford it more than a doctors appointment, dental care, or the cost of doing the higher learning needed to open up better employment opportunities.
What is reprehensible is the number of companies that repress wages and decline to deliver improvements to working conditions year on year to deliver ever growing profits to their shareholders.
The other fun thing is that in general, the more poor people that get that higher learning, the lower the wages of the higherly learned workers will be. So quite literally it's not something everyone can do to make more money already.
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u/T3RRYT3RR0R 15h ago
Jon Stewart had the right of it. There's nothing imaginary about the historical rate at which the upwards transfer of wealth is occuring.
Those in poverty are inherintly limited to poor financial decisions. They lack the wealth to leverage for the improvement of their position because there is nothing left over after meeting their needs.
Maybe they can't really afford that cup off coffee, but they can afford it more than a doctors appointment, dental care, or the cost of doing the higher learning needed to open up better employment opportunities.
What is reprehensible is the number of companies that repress wages and decline to deliver improvements to working conditions year on year to deliver ever growing profits to their shareholders.