Comment on No Such Thing
NONE_dc@lemmy.world 4 weeks ago
So are they saying (admitting) that their economic model is, by its very nature, doomed to turn out this shitty?
Comment on No Such Thing
NONE_dc@lemmy.world 4 weeks ago
So are they saying (admitting) that their economic model is, by its very nature, doomed to turn out this shitty?
FishFace@piefed.social 4 weeks ago
What’s an economic model that wouldn’t suffer severe consequences after a massive pandemic restricted economic activity, and a huge war led to sanctions on a resource that is required for almost all economic activity?
Because, to be clear, we had significant inflation because of a huge injection of cash to buoy up economies during a time when people weren’t working, and due to a huge increase in oil prices due to sanctions on Russia.
We could have not done quantitative easing, furlough schemes and so on, but that would have carried other negative consequences!
Corkyskog@sh.itjust.works 4 weeks ago
Well if workers shared in the ownership of the means of production, then companies wouldn’t have been able to purchase politicians to get us into this place.