• 8 Posts
  • 94 Comments
Joined 3 months ago
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Cake day: December 4th, 2024

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  • Corporate profits are higher than ever largely because corporations have been able to get greater productivity out of workers without increasing pay. If wages had kept up with productivity, profits wouldn’t be nearly as high.

    the reason this is a mystery to so many mainstream economists is because they don’t want to reconcile with one simple fact: in order for profits to keep going up, worker wages must be suppressed while also increasing productivity.

    That, and they don’t want to/are psychologically incapable of the self-awareness required to admit their own complicity in the increasing oppression and exploitation of the very people without whom everything falls apart.

    Why do you think so many billions of dollars are being spent on AI development? Many see it as the key to ever increasing profits, because the worker, and their pesky demand for adequate compensation can be removed entirely.

    Spot on again.






  • Which is of course itself an example of how effective the “propaganda only works on stupid people” messaging is at isolating victims of misinformation from any arguments pointing out misinformation.

    It’s maddening, and the only remedy is more effective messaging about verifiably true information.

    Which is in turn made more difficult by the truth tending to be much more complicated than plausible lies made into slogans and sound bites.

    Example:

    “Transfer municipal funds to other professionals better equipped to handle certain tasks in an effective and nonlethal manner than police officers are” is much more unambiguous about what most people want than “defund the police”, but good luck fitting that on a sign or getting to say that on the news before being interrupted!