For an economy focused on consumption/spending this is the end of the line (end of growth).
(This isn't bad for the people, it's "bad for the economy" if "the economy" is measured by GDP & stock markets.)
They sucked what juices the lower class had left, then middle class, now (lower) upper class is failing too.
Battlepass Economy.
I work retail, a large hardware store specially. All our customers are bored boomers buying fancy ass grills and over priced yard equipment to make their 3 acre plot look nice. The fucking hardware store recently opened a section that sells like fancy jams and sauces for dinner parties. The whole economy is re-gearing to just jerk off petite-bourgeois.
The Gamestop-ification of retail.
I’ve kind of noticed this restructuring too. A lot of ads I’ve been getting have all been “for your business” and every slop is just some dumb business tech or how to hire ’the unicorn’ faster.
Even once I had the opportunity to visit my more successful brother in a major city and a lot of the ads on public transport are the same way, that by being within a city, ads assume you must be rich.
DC ads are literally just pictures of missiles and jets with a company's logo next to it.
Death of the US middle class - visualised
bless them for giving back like this. doing their part. mostly small businesses benefitting, i’m sure
Unironically, this is why some lesser porks have supported Bernie, and arguably why it seems like the wealthier citizens tend to be more left-leaning.
It kind of checks out: “How am I supposed to have customers if no one has any money?” Contrary to what redditors believe, capitalism needs to be saved from itself over and over again and some capitalists recognize they cannot have too good of a deal.
Gregg Hudson, 53, renowned medium-business owner of a paint and chemical company you've never heard of and is yet somehow essential for the functioning of the MIC, goes out and buys exactly 5368 bottles of BBQ (xtra sweet) sauce every week.
Gregg's paint coats the body of the GBU-39 glide bomb, it fell in an apartment in Tehran ten hours ago.
Gregg is hoping they use the ''Big One'' in Fordow, also covered by AmeriCoat-Tek™ buy American 's special coating; it would really help his sales.
This is so accurate it pisses me off
just to clarify, gregg hudson is not real he's just the result of a creative writing exercise, any gregg hudsons that also own a small business that you might come across in real life are just pure coincidence
That's oke, the burning american flag is always appropriate.
Some say that if AI really does take off, that ultimately companies would be forced to still hire workers or support some sort of UBI. After all, who is going to buy their products if they have no employees? This data indicates the flaw in this thinking. As the economy automates, more and more people will simply be shut out of the regular economy entirely. You could absolutely see an economy where the 1% own all the raw materials and the automated factories that produce everything. And the 1% uses the output of those factories primarily to sell to other 1%ers. The economy can function just fine with the top 1% owning and consuming everything while the bottom 99% is homeless. Sure, historically that kind of madness would be solved by pulling out the guillotines, but that's what the robot soldiers are for...
It would likely be more than 1%. If I had to guess, you'd have the top 1%, among them the top 0.1% of course. Then you'd have also the top 5-10% who would be high level servants of the 1%, such as the politician class, the military generals, and also vital designers, scientists, engineers and a few artists. These would include the software writers, debuggers, designers for the robot soldiers, for the robot factories, for the AI itself. Those who maintain the machinery at the highest levels would be compensated with a PMC type lifestyle to keep them loyal and prevent them from having an interest in joining an uprising and sabotaging the robot armies or the robot production. Beneath them and supervised by that group you'd have some amount of low level techs, repair techs, mechanics, junior programmer types who assist a bit who would live on the edge, constantly in threat of being pushed out into the homeless masses if they cause problems or don't meet performance targets.
Among those latter group you'd also have the prostitutes, the sexual "entertainment" of the rich that is, a few of which would be elevated to socialite status in the top 10% but most which would be kept precarious to allow abuses and higher exploitation of them.
Of course personally I think if it gets to that they either engineer or allow a natural plague to run its course and kill large swathes of the population. Other ideas would be say gutting health and environmental regulations and pouring poison into the water and soil and food of these lower dregs and the land they inhabit to cull them. That or nuclear war perhaps or simply counting on climate change to murder off a lot of them.
Of course this doesn't solve capitalism's problem which is sooner or later the capitalists will still eat one another as they seek to maintain a rate of profit and can only extort each other. The problem I suppose is this may happen after they've disposed of most of us.
I have noticed a slow shift in advertising the last 15 years. Big increases in adverts for things normal people can't afford. Cruises, insurance aimed at people who collect luxury cars, shit like that.
But more than anything I noticed a LOT of ads are now aimed at businesses and landlords, weird when thats only a small percentage of the population. House insurance ads telling landlords to keep their home safe from their tenants, finance ads telling business owners they can save by switching to whatever book keeping software. There's so much of it now.
I'm not sure if this is just because I wasn't an adult 15 years ago, but I swear it wasn't this bad.
Lol they priced the working poor out of the treat economy I hope every single person involved in this decision chain is guillotined
Let them eat Twinkies!
I'm guessing that's who's buying Switch 2s. Because I don't know who else can afford it.
for real, i am utterly baffled by the fact they're being sold out. it has to be an artificial scarcity thing because there's no reality in which the average person is dropping $500 on a console that has 1 game right now
They've actually produced a ton of units. Its one of the most successful console launches ever. Like, 3m in a week or something.
but why...................
gaming PCs are 2-4x the price depending on how much compute you want to buy
~$500 can buy you used medium-end laptop that can absolutely play any and all modern games. Source: I did this earlier this year.
I mean yea. but i can play more games on my shitty laptop than just 1. i totally get buying the switch 2 when it has more games but idk why ppl r going out in droves to buy them now
Buy that shit on Klarna then default on the payments, it's free money!
maybe there are hundreds of thousands of framerate enjoyers who want to finally play switch 1 games at stable 60hz
Because its the next big thing, and its still cheaper than cycling, motorsports, traveling, eating out, fashion, wargaming, many types of art, and a lot of other activities. Also, the release got delayed and has been anticipated for a long time, so people have had the chance to save for it.
okay this answer makes the most sense to me thank u
It's been five years since the last console release, and eight years since Nintendo's last one; their longest console generation ever.
I don't understand people who buy consoles at launch either, but, whoever they are, they've had longer to save up between consoles than ever before.
Surely those top 10% are contributing 50% of the labor because they’re just so incredibly productive right?
Oh man, I hate it when my overproduction starts crisising
Think about the sheer amount of stuff u need to fill and maintain an average single family home
india numbers
Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.
Rules:
-- PLEASE KEEP POST TITLES INFORMATIVE --
-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --
-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --
-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --
-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--
-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--
-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --
-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --
