Austerity benefits companies that need interchangeable low-training expendable workers, because it makes those workers more desperate, so they're cheaper and more exploitable.
Social democracy benefits companies that need a supply of highly trained knowledge workers. Like, Google would prefer if they can work their engineers until they burn out, let them quit for a year and recover, then re-hire them. And not have to pay for the time it takes to recover.
Since so much of economic growth has been in tech, and so much of that has been companies like Amazon and Uber, you should expect more austerity-based policies.
It's pure economic garbage, but look at the UK. The Tories implemented austerity to unrivaled political success. Every time they were challenged from the left, they deflected to Racism, anti-Semitism, or Socialism. And they successfully absorbed the right.
Big Tent, Baby!
All it cost them was a place in the EU and international relevance.
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They see it, they just dont care. They can just jet off to their high tech bunker in New Zealand when the proles come for them.
Or ya know, just have the police crackdown on anyone who's protesting.
Ideology. They're not particularly smart up in the upper crust, no more than anyone else, but they're believers, and they're empowered.
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Austerity benefits companies that need interchangeable low-training expendable workers, because it makes those workers more desperate, so they're cheaper and more exploitable.
Social democracy benefits companies that need a supply of highly trained knowledge workers. Like, Google would prefer if they can work their engineers until they burn out, let them quit for a year and recover, then re-hire them. And not have to pay for the time it takes to recover.
Since so much of economic growth has been in tech, and so much of that has been companies like Amazon and Uber, you should expect more austerity-based policies.
It's pure economic garbage, but look at the UK. The Tories implemented austerity to unrivaled political success. Every time they were challenged from the left, they deflected to Racism, anti-Semitism, or Socialism. And they successfully absorbed the right.
Big Tent, Baby!
All it cost them was a place in the EU and international relevance.