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The billionaires and politicians did it
(lemmy.dbzer0.com)
cross-posted from: https://lemmy.dbzer0.com/post/39504475
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this post was submitted on 09 Mar 2025
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A Boring Dystopia
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They're taught that the long run is simply a succession of short runs and that therefore short term and long term economic thinking and planning are the same,which is,of course, glaringly wrong.
Anything to fill the insatiable hole in them where a soul would be in a real human.
They constantly fall under fallacies of composition or aggregation. To think in the aggregate and long term is largely thrown under the rug.
It's "right" for a single company to slash wages and gut employment to seek higher profit margins... But when every company does it, it ultimately destroys the capacity of the bottom to uphold the top and it collapses.