Flying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 11 months agoSo much for "progress"lemmy.worldexternal-linkmessage-square73fedilinkarrow-up1871arrow-down112cross-posted to: politicalmemes@lemmy.world
arrow-up1859arrow-down1external-linkSo much for "progress"lemmy.worldFlying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 11 months agomessage-square73fedilinkcross-posted to: politicalmemes@lemmy.world
minus-squareUnpopularCrow@lemmy.worldlinkfedilinkEnglisharrow-up89arrow-down5·edit-211 months agoThe wealthy are much better off though. If you looked at the wage increase of the top 1%, if has risen by $800,000 a year (https://www.commondreams.org/news/2019/12/09/staggering-new-data-shows-income-top-1-has-grown-100-times-faster-bottom-50-1970) since 1970. So capitalism is working exactly the way it is supposed to. Exploiting the middle and lower classes for the rich. This is exactly the progress they want.
minus-squareAnticorp@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·11 months agoMuch more than that. The richest men in the country doubled their net worth this year alone.
The wealthy are much better off though. If you looked at the wage increase of the top 1%, if has risen by $800,000 a year (https://www.commondreams.org/news/2019/12/09/staggering-new-data-shows-income-top-1-has-grown-100-times-faster-bottom-50-1970) since 1970.
So capitalism is working exactly the way it is supposed to. Exploiting the middle and lower classes for the rich. This is exactly the progress they want.
Much more than that. The richest men in the country doubled their net worth this year alone.