465
you are viewing a single comment's thread
view the rest of the comments
[-] bobthened@feddit.uk 35 points 3 months ago* (last edited 3 months ago)

Because the measures that economists use to measure the economy are not relevant to regular people. GDP tells you nothing about living standards.

[-] xenoclast@lemmy.world 15 points 3 months ago* (last edited 3 months ago)

Only getting better for the ultra wealthy. That's what the system is for and it's working better than it ever has.

If you think about. When capitalism is less capitalist is when regular people benefit. (Regulation, healthcare, free education)

Socialist American policies were the best.

[-] Buddahriffic@lemmy.world 2 points 3 months ago

I'd say even for the wealthy, their living standards aren't getting better. At their level of wealth, getting more either means number in accounts goes up if they are passive with it or power over others goes up if they are active with it.

But yeah, capitalism is for those with capital; it's right in the name.

this post was submitted on 02 Aug 2024
465 points (96.4% liked)

A Boring Dystopia

9727 readers
196 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 1 year ago
MODERATORS