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They know exactly what they're doing. The billionaire class are bilking the country for every cent its worth, and when everything finally crumbles they will m
by babypuncher 1y ago
They know exactly what they're doing.
The billionaire class are bilking the country for every cent its worth, and when everything finally crumbles they will move to the next country with a stable middle class and start the process all over again.
They do not care about these consequences because they have enough resources at their disposal to protect themselves while everyone else suffers.
- rjbwork 1y agoLeveraged buying/private equity play at the scale of the nation state.
- consumer451 1y agoThat is one possibility. Another is that many people truly believe in the religion whose mantra is "all government is bad, and the market always knows best." This was once convenient propaganda for those who wanted lower taxes and less regulation of their businesses. Now the propaganda has been repeated for so long that many have forgotten it was propaganda, and believe that it is actually true. As I grow older, it gets easier for me to accept that most often the world is not a vast organized conspiracy, it's just really stupid. Though in current times, it does appear to be both of those things at once.
- babypuncher 1y agoI know there are people who genuinely believe that, but it would be naive to think that is 100% organic and isn't something corporations and the super-wealthy are holding a megaphone up to because it just so happens to suit their interests.
- consumer451 1y agoI was mostly thinking... the super-wealthy are the ones who forgot that it was just propaganda, and started to really believe it.