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"Peasant goods" rise in price because the owners demand it after seeing an opportunity to do so. They could just keep stable. What is happening since half a ce
by dgb23 4y ago
"Peasant goods" rise in price because the owners demand it after seeing an opportunity to do so. They could just keep stable.
What is happening since half a century is that wealth gets shoveled to the top, with the above mechanism plus many others, while "peasants" can't afford their own place and education for themselves and their children anymore. They get cut off from sustainable spending and get turned back into pre-war wage slaves.
What will happen is either owners getting to their senses and stop extracting so much god damn stuff for themselves for no reason, or workers rising up. Hiding behind political BS and pseudo science is a short term strategy that always ends in tears.
- AstralStorm 4y agoAlso it's probably educational that the "peasant good" that exploded is actually fuel, which has far reaching consequences, and zero rationale for getting more expensive. What that did was vacuum a lot of money off the market, additionally causing compensatory raised prices because there's an excuse. The market never works on supply and demand, not even money, it works on increasing prices every other excuse to the maximum level unless it's forced not to.