4 ms·
This is economic stratification, afaict. Pricing out the lower classes, is part of capitalism. The relatively affluent can afford increased prices to the point
by Supermancho 2y ago
This is economic stratification, afaict.
Pricing out the lower classes, is part of capitalism. The relatively affluent can afford increased prices to the point that it has outpaced a larger and larger portion of the population. In American Capitalism, if you can get efficient enough, industry will always cater and price to a higher paid customer base than the mean.
- lupusreal 2y agoI recently had the displeasure of having dinner with an old woman who is quite wealthy because her husband sold a medical clinic. She praised the increase in food prices, saying that food was unfairly cheap for too long and we're finally paying what food is worth. I about threw my plate in her face.