Capitalism requires a second class of people who are easily exploited and disregarded by the wider majority of workers in its system usually through propaganda. Racism existed before it but it certainly does benefit from making those different lesser so they can be easier exploited and dehumanized when needed.
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megopie@lemmy.blahaj.zone 3 days ago
“It’ll make costs go up! It’ll cause inflation! It’ll cause a wage price spiral!”
NEWS FLASH! minimum wage hasn’t risen for over a decade and yet prices have risen faster than they did when we did raise minimum wage. Almost like, cheap minimum wages allows for more capital consolidation, and that in turn makes it easier for cartels, oligopolies and monopolies to form to enforce larger margins on low elasticity goods.
BeardededSquidward@lemmy.blahaj.zone 3 days ago
explodicle@sh.itjust.works 3 days ago
The average person is willfully ignorant about inflation because they benefit more from networking with people who believe the bullshit.