this post was submitted on 16 Jul 2023
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I dunno man, my quality of life is like 10x better than my grandparents' and 1000x better than maybe 8 generations ago, and I'd argue that's mostly attributable to liberalised free markets.
Edit: on a slightly related topic, Lemmy appears to suffer from the same thing that often prevented Reddit from being a good place to discuss things -- it hardly facilitates good faith discussion and ends up mostly an echo chamber in the long run when people downvote things simply because they disagree.
@mikeyBoy14 your grandparents generation could buy a house and send their kids to college on a single blue collar income.
@ModdedPhones
Correct, until unregulated capitalism stopped acknowledging the human and saw people only as assets to be squeezed for profit, like cows to be milked until they run dry then slaughtered. Wages have largely not kept up with inflation while at the same time corporations turned necessities, like housing and healthcare, into profit centers. They observed the inelastic demand and lack of government oversight and are continuously raising prices on those necessities to maximize profits, knowing that people have no choice but to pay it or die. Capitalism without regulation just results in exploitation of the working class by the rich and greedy.