3 ms·
So a lot of people will label you a conservative because that is a conservative take but I've come to understand that you're simply American and your views are
by jmyeet 4y ago
So a lot of people will label you a conservative because that is a conservative take but I've come to understand that you're simply American and your views are normative for an American. American normative positions are inherently right-wing.
Corporate profits in the US amount to about $10T/year [1]. You can and should view this as an estimate of the surplus value of labor that is being extracted. This amounts to $36,000 for every adult (~275M) in the US per year.
We could absolutely afford an unimaginable increase of standard of living for retirees and workers. We simply choose not to.
[1]: https://tradingeconomics.com/united-states/corporate-profits https://tradingeconomics.com/united-states/corporate-profits