4 ms·
I think the problem is that a handful of very large companies have found ways to extract a lot of money from the economy whilst providing essentially no economi
by jongjong 4y ago
I think the problem is that a handful of very large companies have found ways to extract a lot of money from the economy whilst providing essentially no economic value in return. The economy has become so manipulated and schematized, in certain sectors, it's essentially all fake at this stage. All money through the economy just flows to people based on where they fit within the grand financial scheme. This scheme is not connected to fundamentals like supply and demand of consumers.
It almost seems as though some companies have literally found a way to print themselves unlimited money and other economic participants won't figure it out for another decade... They're still playing by the rules.
- tmnvix 4y agoFinancialisation. I have a strong suspicion that the benefits of increased productivity are claimed by the finance industry. Credit/debt increases along with productivity keeping us mere mortals from enjoying the benefits we otherwise could (e.g. greater security and leisure time).