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That's due to a lack of competition among employers. Corporations have been given too much leeway and should be restricted in their reach and forcibly broken up
by throwaway4aday 4y ago
That's due to a lack of competition among employers. Corporations have been given too much leeway and should be restricted in their reach and forcibly broken up. International corporations should be banned in both directions. If you fix the economy so that it's not possible for companies to commit arbitrage resulting in money both flowing out of the country as well as concentrating at the top then economic mobility would be achievable by all who were willing to put the effort in.
- marginalia_nu 4y agoCan this be demonstrated true? Where has this fix been tried to success? Where is this capitalist utopia where nobody dreads going to work.
- throwaway4aday 4y agoThere will always be discontents but just looking back over the history of most Western nations will give you pretty striking examples of success before various forces of corruption took hold. We currently live in a utopia when compared to our collective past, it could be much better but that doesn't mean we're not far up the slope of progress.
- Llamamoe 4y agoAs long as we live in a system where the rich intrinsically have more power and the incentive to use it to squeeze more wealth out of others, this will be at best playing whack-a-mole and at worst a matter of time as corruption and manipulation inevitably win. The reason we're seeing the same outcome around the globe is because it's essentially inevitable, it's just a question of pace.