Fucked economy

[peacefulnights]

Saw this quote and thought it was funny because of how true it is, and how it really portrays how the future especially for young people is extremely grim, to put it lightly:

"The entire US economy appears to be propped up by both a refusal to accept reality and five or so mega corporations passing around the same wad of cash."

 

[reticulator]

Saw this quote and thought it was funny because of how true it is, and how it really portrays how the future especially for young people is extremely grim, to put it lightly:

"The entire US economy appears to be propped up by both a refusal to accept reality and five or so mega corporations passing around the same wad of cash."

Very true! Seems hopeless for those born without wealth. The system is definitely rigged. It's possible to eke out a share and be happy if you don't have underlying mental illness, but with severe mental illness (or physical), living in America is definitely impossible. It's Darwinian I guess, the genes I was born with that gave me this nightmarish depression and anxiety and the inability to cope and be strong aren't accepted in this world.

 

[usernamegoeshere]

makes it really hard to stay positive about the future :/

 

[blooming]

The economy I imagine will continue to get worse with things like AI becoming more prevalent and advanced therefore taking away most basic customer service jobs. This capitalistic system cannot last forever, the longer people bury their heads in the sand about how unsustainable this system is - the worst it'll get. Those at the top are perfectly okay with destroying the planet to get what they want but climate change affects everyone including them. It's like waiting for the rest of the dominos to fall at this point.

 

[Dejected 55]

There is definitely a bit of the ponzi scheme effect in our economy. The wealthy pass money back and forth between them and think it is all working fine... there are still enough of us to exploit for cheap labor and such and enough of us who can technically afford to spend what little we have to keep the economy sort of slogging along... but eventually it has to crash and the bottom fall out. It's just unsustainable long-term to have so few at the top and so many at the bottom.

It either has to implode OR major changes have to occur. There's no way around it.

 

[reticulator]

Almost every society has been like this, shaped like a pyramid with just a few at the top and the vast majority at the bottom. The difference is that there's ten times as many people now.

 

[Dejected 55]

Almost every society has been like this, shaped like a pyramid with just a few at the top and the vast majority at the bottom. The difference is that there's ten times as many people now.

Yep... history repeats itself. That old quote about "people who don't learn from history are doomed to repeat it" misses an obvious thing... even the people who attempt to learn from history rarely learn the right lesson. Instead of learning that something is a bad way to run society, they tend to learn how that person got caught or failed at trying to do the thing... and each new person things "I can be a benevolent dictator and not fail like the 10 others before me." They should be learning to not be dictators, but that lesson never seems to take.

 

[Despondent_Fondant]

The economy I imagine will continue to get worse with things like AI becoming more prevalent and advanced therefore taking away most basic customer service jobs. This capitalistic system cannot last forever, the longer people bury their heads in the sand about how unsustainable this system is - the worst it'll get. Those at the top are perfectly okay with destroying the planet to get what they want but climate change affects everyone including them. It's like waiting for the rest of the dominos to fall at this point.

I totally agree. I am starting a socialist resource and group in my small town in Canada. It gets some buzz for sure! Eventually people will realize that their entire lives there has been a ruling class that will never have to work because their dad bought a condo in new York 60 years ago. The working class is extorted more and more every day. Much love <3

 

[BradGuy123]

All executives care about is their stock price and the amount of money in their bonuses. They don't care about middle class workers. They would outsource every single job and/or replace every single job with AI if they could. There are towns that used to be manufacturing hubs. They closed plants and sent jobs overseas. As a result the housing prices in those towns went down. Crime skyrocketed. Drug use went up. I am careful about personally identifiable information I post here. It happened in the town I grew up in, but I don't want to name that town. The people who made those decisions don't care about the impact on the community or their former workers. I don't see how the economy could get better if they keep replacing workers. There needs to be some kind of revolt or revolution. What that looks like I don't know.