When the media say the middle class is in decline, they're technically right—because people are getting richer.
https://reason.com/2025/12/24/why-college-students-prefer-socialism-and-why-theyre-wrong/
people are getting richer
I guess I’m not a human being then.
riskable@programming.dev 2 days ago
Article from someone who doesn’t know the difference between communism and socialism (which actually doesn’t have a universally accepted definition).
I’d love to hear this guy’s take on how to deal with Baumol’s Cost Disease:
en.wikipedia.org/wiki/Baumol_effect
Capitalism has no solution for it, but socialism does. It’s almost as if capitalism is good for some things and socialism is good for other things! Then there’s democratic socialism which chooses to use both economic systems, choosing the most appropriate one for any given thing.