4 ms·
Has anyone asked young people how they would reform the system? Or created a tree of who the money funnels to for analysis? In my experience, workers know exac
by zackmorris 3y ago
Has anyone asked young people how they would reform the system? Or created a tree of who the money funnels to for analysis?
In my experience, workers know exactly what to do to improve their situations, but are denied that agency over their lives. And that's what poverty is - having no agency over your life. The smallest step above slavery.
My experience has been one of endless struggle over a lifetime, starting in the late 90s when the Clinton administration lifted the separation between savings and investment banking with the Gramm–Leach–Bliley Act, turning the US into a giant game of Monopoly again like it was in the 1920s. The Dot Bomb, Housing Bubble popping, Great Recession, even our descent into global authoritarianism, is all theater. The real kicker is that it was by design, to rein in Gen X and the hippies before them to prop up moneyed elites in the capitalist class. Hurt people hurt people, down people stay down. Exploited people vote against their own self-interest.
There's no money for workers because you invest and expect a return for doing nothing other than having money. Neither a borrower nor a lender be. The really sadistic part is that there's infinite money available for construction, or giving tax breaks to companies moving to a new city, pork barrel projects, etc. But no small business loans for 2 person startups. No Uber-like system for industry roles so that people can work at-will. No affordable health insurance, no retirement provided for jobs under about $50k, no affordable college, few worker-owned co-ops, etc etc etc.
The answer is the same as it has always been: tax the rich. All other answers are platitudes.