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Cake day: July 16th, 2023

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  • Lower income households also have the highest mortality rates and shorter lifespan.

    I´d argue higher income people spend money a lot more money on other things than the basics, like apparel, entertainment, travel, starbucks coffee, … Entire industries disappear when people can´t afford the products or services. In times of crisis, people stop certain spending and you get all the restaurants, hotels, amusement parks, fancy shops and so on crying they don´t get as much business anymore and slowly start to go bust.



  • In bad times we have a lot of children for better odds and more hands to do work,

    That used to be true until children were not allowed to work anymore. They’re quietly trying to roll that child labor of course.

    in 20 years there’ll be a wave of economic demand and labor supply.

    By that time, people are competing against humanoid robots and office AI to see who can do the job the cheapest. Humans are in the end not going to win that race. Robots and AI are a bit silly now but are getting better and cheaper quickly. There will buy a lot of labor supply, but with most people in a trailer park trash existence there won’t be that much demand.








  • SlopppyEngineer@lemmy.worldtoMemes@lemmy.mlJerkoff
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    2 years ago

    Any superhero movie is problematic. They all say that only a few special people can save the country and the world. The rest of the population just has to hold tight and let the important people do their thing. It’s just a small step by replacing powers with wealth to give the rich carte blanche to do as they please.


  • Very roughly, you had liberalism until that crashed in the 1930 with the Great Depression.

    Capitalism was rebooted with social liberalism to include welfare, education, healthcare. In the seventies that ran aground in stagflation. Rich people didn’t like investing anymore as the profits weren’t big enough to their liking with all that welfare. Then came the oil crisis and that killed it completely.

    The system was rebooted again with a tweaked form of liberalism, so that’s now neoliberalism. It repeats all the mistakes of that past, slowly salami slices welfare and healthcare away, chips away at all the safeguards and then crashes again in 2008 with financial crisis.

    After that, the system was basically resuscitated, pumped full of money to keep it going and now we see how long it lasts before something really bad happens. Welfare, education and healthcare are turning into dust for most people so something going to give.