this post was submitted on 14 Sep 2023
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[–] solstice@lemmy.world 1 points 2 years ago (1 children)

I used to think this way. But when tens of millions of people are struggling to pay rent, put food on the table, and buy medicine, it becomes that rich guy's problem. In general you really don't want huge chunks of your population to be desperate with nothing to lose. That's bad news.

[–] Decompose@programming.dev -2 points 2 years ago (1 children)

If you want to talk economics, this isn't the rich guy's problem. This is the problem that the government is so huge and that it's printing money so much that it's causing inflation to fill the pockets of big corporations. The ethos in lemmy, apparently, is communism due to ignorance, more than understanding economics and trying to implement self-responsibility to fix these problems.

Like I told another guy here: You either shrink the government to get a deflationary economy and make your money better, or you expect your government to solve all your problems and face inflation. You can't have it both ways.

[–] solstice@lemmy.world 1 points 2 years ago (1 children)

this isn’t the rich guy’s problem

It'll become the rich guy's problem when tens of millions of desperate Americans with nothing to lose grab their pitchforks. We are slowly but surely getting there.

[–] Decompose@programming.dev -1 points 2 years ago (1 children)

I really doubt it. Have you seen the movie Elysium? It's gonna be the same, except that the ending isn't gonna be that nice because all those with power will side with those who can fund them.

[–] solstice@lemmy.world 1 points 2 years ago (1 children)

No I haven't, but you better hope you're right, because historically it doesn't go well for the aristocracy when the peasants revolt.

[–] Decompose@programming.dev -1 points 2 years ago

Except that they have planes now. They can fuck things up so bad while accumulating wealth, then fly away and deal with none of the consequences while they spend money from their vast bank accounts in Switzerland.

Didn't this happen in Sri Lanka a few months ago?