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Why has the world gone to shit?
(lemmy.world)
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this post was submitted on 24 Jan 2024
388 points (91.5% liked)
No Stupid Questions
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Things were getting really good in the late 1990's to early 2000's. Pay was up, more people were making money and starting companies.
Then 2008 happened.
Since then the lower 99% have been fighting over less and less. Some people try to build, but it often gets destroyed by others. Some take their anger out on the physically near them.
Every major crisis, the bourgeoisie claim more and more while the Proletariat loses more and more, because they have to spend their money on survival while the wealthy can swoop in and claim cheap Capital.
I am going to assume you reference the financial meltdown that had been brewing for years and had been fore-ordained by the weakening of regulations by prior administrations... correct?
edit: but, of course it could also he the incoherent rage of the right over a non-white president. so many options, so little thoughtfulness from a certain segment of the electorate.
They're obviously talking about the recession. You're ascribing malice for absolutely no reason in an attempt to distract from economic realities
I was honestly ascribing nothing to the parent comment. it was a genuine request for clarification (with a little editorializing of my own).
if my comment was not to your liking, then so be it, but I assure you that no malice was intended.
I meant the financial meltdown. I debated calling it the 2007, as that is when the cracks started. I acknowledge that the financial meltdown has is roots far earlier, but all financial meltdowns do.
If you haven't watched The Big Short, you should. Michael Lewis breaks it down nicely. He does really good books and movies that show the rot and corruption that we need to root out with regulations and better funding.
You missed the 80's. The 90's could've been even better if it didn't get fucked by Conservatives.