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Welcome to the New ‘Good’ Economy, Where Millions Get Left Behind

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Submitted ⁨⁨9⁩ ⁨months⁩ ago⁩ by ⁨return2ozma@lemmy.world⁩ to ⁨aboringdystopia@lemmy.world⁩

https://www.vice.com/en/article/epv77z/welcome-to-the-new-good-economy-where-millions-get-left-behind

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  • explodicle@local106.com ⁨9⁩ ⁨months⁩ ago

    Her entire school of economics hinges on the assumption that a higher GDP is generally better for the average person.

    This was never true. But it was a convenient post-facto rationalization after Nixon unilaterally broke the Bretton Woods agreement. Now a generation of economists have staked their credibility on the emperor’s new clothes.

    We don’t have to put up with this. We can build/use better economic systems ourselves, outside of their control.

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  • Sanctus@lemmy.world ⁨9⁩ ⁨months⁩ ago

    I don’t think the US government will ever properly care for homeless and poor people.

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