this post was submitted on 09 Feb 2024
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Yes. This is the silent problem of enormous wealth inequality in the US. As the middle class disappears, fewer people are able to pay small fees to contribute to things like local news, community organizations, and online services.
Our dollars are not as important as those who can pay obscene amounts of money for the better stuff. Same way the death of first class and the selling of private transportation is such a danger.
It's also not great that they just sorta expect the trickle in of a poor populace who combined still make a great share of the income and think their stranglehold is so tight that the money will never stop coming in.
It's piss poor management from the late generations of the wealthy. Didn't have to build or think about maintaining the economic machines and just saw how it could work for them to make them unimaginably wealthy and safe forever.
We are coming to the rest of if that's true and I think entropy of nature itself will prove the answer is no.