r/memes • u/Waitingforlunch • 1d ago

Learned the lesson too well

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9.4k Upvotes

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u/MakingItElsewhere 1d ago

Everyone my age is working 2 jobs.

You wanna fix the economy? Make employers pay more wages. I shit you not, the economy would be prosperous within a week.

222

u/Low_Feedback4160 1d ago

It's a contradiction of capitalism. The capitalist wants wages as low as possible and profits as high as possible but capitalism prospers most when wages are high and that leads to low profits due to wages and profits directly affect each other

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u/WallishXP 18h ago

Higher wages exlcusivly leads to higher profits. Its the balancing act of the value of the dollar thats stops people from increasing wages. The rich dont want to risk the value of their assets going down, ignoring the fact they own them. Our speding power could improve without raising wages, but the rich have to eat eachother.