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Here's my (unpopular) take on it. Due to centralization and monopolization of the economy, the economic leverage of average rank-and-file middle-class people pl
by john_moscow 6y ago
Here's my (unpopular) take on it. Due to centralization and monopolization of the economy, the economic leverage of average rank-and-file middle-class people plummeted in the last 10 years. Plummeted to the point where most salaried employees won't ever afford property ownership, let alone retirement. Most of the people are priced out of raising kids in the environment they were themselves raised in. People feel this and are becoming more depressed and irritated every year.
The corporations that now control most of our economy aren't dumb. They learned from Occupy Wall Street. They don't want people to unite and vote for some drastic anti-corporate measures. So they are employing divisive tactics. Making people focus on their identity and be offended by words, instead of unaffordable mortgage affordability and impossibility of retirement. Dividing middle class by race, gender and a bunch of other parameters, and supporting movements that call for redistribution of wealth between thees groups, rather than going after the corporate structures. Making the majority feel guilty for wanting the same life quality their parents had, by focusing on minorities that never had that lifestyle (but not helping these minorities achieve it either).
Everyone is miserable, everyone hates everyone else. Wages are stuck, real estate is unaffordable, corporate stocks shoot for the stars.