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>The key thing is: we can redistribute where all the wealth generation goes to. But that goes back to the taxation issue I already mentioned. We can't redistri
by FirmwareBurner 3y ago
>The key thing is: we can redistribute where all the wealth generation goes to.
But that goes back to the taxation issue I already mentioned. We can't redistribute wealth if we aren't taxing that wealth the top 1% hoard.
Curent redistribution just means robbing the ever shrinking middle class to give to the lower class and pitting them ageist each other for votes, while the like of Bezos are laughing all the way to their islands on their platinum Yacht.
>There used to be a time where one middle-class income was enough to feed a family of four, live in a decent house in the suburbs, have a car and go to vacation once or twice a year. We need these times, this wealth distribution back.
Those times are not coming back unless you undo globalization to the post-WW2 boom levels when offshoring middle class work abroad was not yet a thing.
- mschuster91 3y ago> Those times are not coming back unless you undo globalization to the post-WW2 boom levels when offshoring middle class work abroad was not yet a thing. Today's middle class is doing office work instead, at often enough pretty high productivity (i.e. corporate profit per work hour) rate. There's nothing preventing the world's largest employers to pay their employees an actual living wage.
- FirmwareBurner 3y ago>Today's middle class is doing office work instead, at often enough pretty high productivity (i.e. corporate profit per work hour) rate. Only if you work for some of the wealthiest companies in the world does your individual productivity scale that well, but unless you work somewhere like Luxembourg, the Mittlestand most likely works for averge companies. >There's nothing preventing the world's largest employers to pay their employees an actual living wage. There is: Lack of wage legislation and/or poor market competition so you're forced to accept any wage or starve.