Comment on Most of us are the bottom row to the billionaire's pyramid scheme.
HubertManne@piefed.social 4 days agoI think his point was they no longer care so much if people can afford things to live. It effected their well being pretty immediately before but now its so detached that by the time we care it will be really bad. Again though you have to sorta trust the data from the guy. I tried some searches but general consumer spending seems the same to me.
CheeseNoodle@lemmy.world 4 days ago
This is my worry for how the world ends, eventually the rich people automate everything and fictionalize the entire economy to the same extent as the stock market, no one can buy anything but line must go up so production numbers must increase and we just end up with piles of random products all over the place (guarded by drones of course, can’t have the poors actually using them) like a corporate driven version of the paperclip maximizer only even more bleak.