doopinglouie@feddit.org to Technology@lemmy.worldEnglish · 2 months agoWho will buy your services if you fire us all?carette.xyzexternal-linkmessage-square33fedilinkarrow-up1164arrow-down15
arrow-up1159arrow-down1external-linkWho will buy your services if you fire us all?carette.xyzdoopinglouie@feddit.org to Technology@lemmy.worldEnglish · 2 months agomessage-square33fedilink
minus-squareBoomer Humor Doomergod@lemmy.worldlinkfedilinkEnglisharrow-up58·2 months agoThe top 10% of earners account for 50% of consumer spending. As long as that’s the case nobody cares if anyone else can afford anything.
minus-square🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.workslinkfedilinkEnglisharrow-up26·2 months agoLater on the top 1% will start to extract all wealth from the 1-10% class. Then the 0.1% will do the same. Concentration of wealth will continue.
minus-squareyessikg@fedia.iolinkfedilinkarrow-up21·2 months agoHistory has many examples of what happens where there is no middle class, it’s not pretty
minus-squareBoomer Humor Doomergod@lemmy.worldlinkfedilinkEnglisharrow-up12·2 months agoRemember when the future was so bright you had to wear shades? Pepperidge Farms remembers
minus-squarehenfredemars@lemdro.idlinkfedilinkEnglisharrow-up17·2 months agoHell yeah. K-shaped economy embodying the core value of “fuck everyone else because I got mine.”
The top 10% of earners account for 50% of consumer spending.
As long as that’s the case nobody cares if anyone else can afford anything.
Later on the top 1% will start to extract all wealth from the 1-10% class. Then the 0.1% will do the same. Concentration of wealth will continue.
History has many examples of what happens where there is no middle class, it’s not pretty
Remember when the future was so bright you had to wear shades?
Pepperidge Farms remembers
Sounds good. When?
Hell yeah. K-shaped economy embodying the core value of “fuck everyone else because I got mine.”