Submitted by Johs92 t3_10i9jpt in wallstreetbets
VallenValiant t1_j5emk82 wrote
Reply to comment by dismayhurta in The dichotomy of FT by Johs92
But not shit-paying jobs. Inflation means it is a waste of time working for minimum wage. You would only die tired. So it is either getting better wage or roll the dice and start a business.
There are some shitty jobs that pay well, and that is the way it should be. But shit-pay jobs will die out because people can't afford to work in those jobs.
[deleted] t1_j5exp8i wrote
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Reggie_001 t1_j5ga732 wrote
The problem is that when too many people end up having to do that there is a collective energy that builds. To put it into perspective, things are exponentially worse than when the American revolution began, we are getting close to how bad it was when the French revolution began..
It's fine when the born-poor are forced to do it, but once even more middle class people are forced to it there will be violence.
DiriboNuclearAcid t1_j5gma6n wrote
Ya people tend to forget the reason the American Revolution started is because people were mad about not having enough money. That freedom shit is just propaganda at best, delusional idealism at worst.
[deleted] t1_j5ol11b wrote
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QuantumCryptoKush t1_j5gh9kn wrote
since money was invented
__Sky_Daddy__ t1_j5exv0l wrote
This, to me, is exactly what is happening. Going to be brutal for Corporations operating with slave labor.
midwestck t1_j5f5igf wrote
Nah they’ll just rely on expanded welfare paid for by middle-class income taxes
See: Walmart’s labor model
__Sky_Daddy__ t1_j5f9hdc wrote
Nope. That doesn’t work at scale
midwestck t1_j5fobn3 wrote
Yeah $6.2bn to Walmart workers alone is definitely not already to scale
__Sky_Daddy__ t1_j5fojk4 wrote
Thats correct. Not scalable idiot
midwestck t1_j5fov0s wrote
17% of their labor cost equivalent. Nope. Nothing to see here
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