The "Middle Class" was a 50-year fluke designed to prevent a communist revolution during the Cold War. Now that the threat is gone, the elites are systematically dismantling it. You aren't "falling behind"; you’re being pushed back into the peasantry.
@sharghzadeh Britain is not a poor island, it can afford air conditioning and grid improvements, and it did build it's wealth from 300 years of relentless extraction.
@_britmonkey This is an odd one - I don't want there to be any crackheads but don't disagree with them being able to use public transport. Maybe something more like "I feel discomfort at the number of crackheads using public transport?"
@GenealogyJuden@Esperacchi@jetsmoltisanti@hueoops Yes, they do. Why do you think software, mechanical etc engineers make so much money?
But the machines aren't valuable to a capitalist in and of themselves, they only become valuable when they enter the realm of production. They transfer their value to the finished product
europe spent 400 years using slave labour in colonies to build their wealth, rebranded this extraction model in the 20th century and somehow their citizens still believe their social conditions is a result of some superior intellect rather than inhuman violence
@ThierryBorgeat This is an interesting topic but just completely unreadable. If you're going to use AI to help write please reign in its insufferable prose
Must read. In one interview Michael Hudson identifies the root of today's grossly unfair, unstable economy and sums up almost everything I've been clumsily trying to get across on this site over the past couple of years. Please share. https://t.co/OfwOG8A7UQ
@ChrisWhittle66@DanNeidle Well, was Germany's so expensive because they had already invested that much, and subsequently it's starting to come down? Why was ours so far behind it required a 30bn investment? Do we get the same quality per £ spent? Can we expect prices to fall at an equivalent rate now?