capitalism
capitalism
Out of context: Reply #138
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the issue is flat wages. the money you used to earn for making your company money. in the 70's those flattened out and profits soared into the 80's. people no longer being paid the wages they once earned could not keep up with consumerism. so instead of raising wages, they loaned the excess profits sitting in the bank back to the employees of course with interest.
i mean, why pay them what they earn, when you can loan them the money for what they want and make a profit on the interest when they pay it back?
pretty simple really. if not completely disgusting and appalling.