doopinglouie@feddit.org to Technology@lemmy.worldEnglish · 2 days agoWho will buy your services if you fire us all?carette.xyzexternal-linkmessage-square27linkfedilinkarrow-up1155arrow-down15
arrow-up1150arrow-down1external-linkWho will buy your services if you fire us all?carette.xyzdoopinglouie@feddit.org to Technology@lemmy.worldEnglish · 2 days agomessage-square27linkfedilink
minus-squareBoomer Humor Doomergod@lemmy.worldlinkfedilinkEnglisharrow-up58·2 days agoThe top 10% of earners account for 50% of consumer spending. As long as that’s the case nobody cares if anyone else can afford anything.
minus-squareyessikg@fedia.iolinkfedilinkarrow-up21·2 days agoHistory has many examples of what happens where there is no middle class, it’s not pretty
minus-squareBoomer Humor Doomergod@lemmy.worldlinkfedilinkEnglisharrow-up11·2 days agoRemember when the future was so bright you had to wear shades? Pepperidge Farms remembers
minus-square🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.workslinkfedilinkEnglisharrow-up25·2 days agoLater on the top 1% will start to extract all wealth from the 1-10% class. Then the 0.1% will do the same. Concentration of wealth will continue.
minus-squarehenfredemars@lemdro.idlinkfedilinkEnglisharrow-up16·2 days agoHell yeah. K-shaped economy embodying the core value of “fuck everyone else because I got mine.”
The top 10% of earners account for 50% of consumer spending.
As long as that’s the case nobody cares if anyone else can afford anything.
History has many examples of what happens where there is no middle class, it’s not pretty
Remember when the future was so bright you had to wear shades?
Pepperidge Farms remembers
Sounds good. When?
Later on the top 1% will start to extract all wealth from the 1-10% class. Then the 0.1% will do the same. Concentration of wealth will continue.
Hell yeah. K-shaped economy embodying the core value of “fuck everyone else because I got mine.”