4 ms·
The economies of the west (and some eastern ones) are facing a k style growth where a small fraction of the population gets all of the gains. It is reasonable
by whatever1 1y ago
The economies of the west (and some eastern ones) are facing a k style growth where a small fraction of the population gets all of the gains.
It is reasonable for companies to increasingly target that small part of population and sell them the same (small) number of widgets /services in higher prices and see their profits go up.
- gwbas1c 1y ago> It is reasonable for companies to increasingly target that small part of population and sell them the same (small) number of widgets /services in higher prices and see their profits go up. (Joke), well, if they keep convincing the small part of the population to spend ever increasing amount of money on "better" widgets... In reality, if too many people are unemployed, no one's going to be able to buy things so that companies can have profits! That being said, what I read is that a lot of companies are doing general housekeeping and trying to avoid bloat.