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We're reaching end stage capitalism, where the giant corporate forces are so large that governments and regulatory agencies and the Fed have little ability to c
by MisterBastahrd 3y ago
We're reaching end stage capitalism, where the giant corporate forces are so large that governments and regulatory agencies and the Fed have little ability to corral them while workers' rights are being eroded and pay is stagnant. I'd ask how long before we start seeing company stores opening up again, but IBM beat me to the punch with their pathetic new retirement scheme.
First they made the cost of living so expensive that two parents need to work to live comfortably, and now they've made it so expensive that childcare is unaffordable, which just puts more stress on the entire family.
The propensity of the wealthy to keep their ill-gotten gains is going to heavily depend on how they treat benefits in the US, but the problem is that Republicans are going to demand a "free market solution," which is going to be virtually indistinguishable from school vouchers. It will result in daycares simply raising their rates and pocketing the difference.
Public school systems largely already have plenty of property to house preschool kids. Make it a federally funded program and put daycares under the existing school systems. Yes, some small business owners will be out of luck, but their employees will all be vastly better off because those jobs pay virtually nothing and the benefits are always garbage if they even exist, and the kids will be better off because the workers will have more accountability.