• IsoSpandy@lemm.ee
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    6 hours ago

    This is the single greatest example I have seen highlighting the problem.

    The poor cannot afford to have things that last, things that allow them to think of the future, and hence are stuck in a cycle of debt in the present to near future time periods.

    However what I don’t understand is how the rich get so short sighted when they have both the motivation and resources to plan for long term outcomes. Doesn’t make sense.

    Underpaying workers leads to worse productivity and apathy towards your superiors.

    Does the world really have so few resources that the only way to keep number go up is to exploit the less fortunate? When will feudalism truly end?