• Disgustus [he/him]
    ·
    2 years ago

    Yup. They’re right. That’s austerity economics.

    1. Cut welfare so there is an only inadequate safety net meaning the threat of poverty can be wielded by employers to discipline labor
    2. Maintain a pool of available labor, structural underemployment, which means labor has little bargaining power
    3. Tax cuts for the wealthy and a tax code designed to accumulate wealth to the financial class