sure, it might seem that way on a superficial interpretation. but if you take a deeper look at the historical origin behind it …
capitalism exists for religious reasons. it promises the people some kind of upwards mobility in exchange for subjecting to some kind of system. since for many decades it made a lot of people (large parts of society) wealthy, people accepted it. the wage decline we’re currently seeing started developing in the last few years, some say it started 1970 but i think it really took on speed after 2008.
now, it would be easy to give everyone enough resources to live, since productivity is at an all-time high, and the true crisis is that we don’t, even though we could. the reason is (i believe) mostly that those in power intentionally keep the population poor, to make them more vulnerable and exploitable; you have to accept a low-paying job and work many hours a week if you need the money. and that’s the actual crisis; that essential commodities are kept from us sothat we work, as if that was worth anything if it doesn’t happen voluntarily.
The only thing that started in the 1970s is white people started to see the wealth that they’ve accumulated disappear. For all the marginalized groups, we’ve seen it for centuries.
i think this is a bit of an over-simplified take
sure, it might seem that way on a superficial interpretation. but if you take a deeper look at the historical origin behind it …
capitalism exists for religious reasons. it promises the people some kind of upwards mobility in exchange for subjecting to some kind of system. since for many decades it made a lot of people (large parts of society) wealthy, people accepted it. the wage decline we’re currently seeing started developing in the last few years, some say it started 1970 but i think it really took on speed after 2008.
now, it would be easy to give everyone enough resources to live, since productivity is at an all-time high, and the true crisis is that we don’t, even though we could. the reason is (i believe) mostly that those in power intentionally keep the population poor, to make them more vulnerable and exploitable; you have to accept a low-paying job and work many hours a week if you need the money. and that’s the actual crisis; that essential commodities are kept from us sothat we work, as if that was worth anything if it doesn’t happen voluntarily.
The only thing that started in the 1970s is white people started to see the wealth that they’ve accumulated disappear. For all the marginalized groups, we’ve seen it for centuries.