|
|
 Originally Posted by bikes
what americans call drinking the rest of the world calls lunch.
That is largely true, but the reason it's true is still due to oppression for profits.
As much of the world economy that can plays by this simple model: create a slave class that gets paid as little as possible for as much work as possible (China), sell those products to people who can buy them (US), but also reduce their compensation as much as possible for shareholder profits, then extend them credit to go into debt to buy those products.
This is the business model of globalization, and is pretty much the main reason for great inequalities and crushed economies. Social and economic advances have come mainly through technology and commodity trade, not any economic theories or labor crunches.
The entire globe should be working less and less over the years, but that would also mean that the established wealthy don't get to own jets and multiple houses, and don't get to oppress entire societies through huge imbalances in the producer/consumer dynamic
|