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Yeah, rich people needed us, what happens when they don't anymore? I think that the rise in executive's pay is a preview of what will happen.
by drowsspa 4y ago
Yeah, rich people needed us, what happens when they don't anymore? I think that the rise in executive's pay is a preview of what will happen.
- bamboozled 4y agoWhat actually is a "rich person", can you define it? If there is no economy, no jobs, no taxes being paid, there are no "rich people". Rich people are only rich in relation to poor people. So if there are no poorer people, there are no rich?
- cmrdporcupine 4y ago"Rich" is the wrong word. "Wealthy" is a better one. But even more meaningful is "owners". Or "capitalists" -- people who own capital. Ultimately both amount to control over resources and their allocation. Factories, land, even human beings. And that's "the economy" -- the productive aspects of society. Which in our model of political-economics, are privately owned and managed by individuals and their corporate conglomerations. "Rich person" is short hand for all of this.