- cross-posted to:
- memes
- cross-posted to:
- memes
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This is literally what liberal economic theory promises though. The main selling point of capitalism when it's pitched to you in school as to why it's supposed to be something that you as an average person should support is that free market competition will supposedly bring innovations in production that drive prices down and then everyone can afford more stuff. Material abundance for the everyman is supposed to be THE main appeal of the whole system. That's the trade-off you're promised for accepting to be a wage slave while a few people get obscenely rich off of your labor.
Yet now constantly the capitalist media tells us that stuff being cheap is actually not good, that it's "bad for the economy". And while they love to talk about "fiscal responsibility" when they blame the poor for being poor, they simultaneously berate you as being selfish and harming the economy when you don't spend enough. At some point even the most apolitical person will start to ask themselves: if stuff isn't getting cheaper but rather the opposite, then how are we supposed to afford to do that, and why the fuck are we even supporting this system anymore?
And the irony of ironies is that what the liberal fairy tales promised us would be happening here if we just did enough capitalism is now happening in socialist China, and most decidedly NOT in the neoliberal West where inflation is rampant, a majority of people are in debt, and a considerable chunk of us are struggling just to deal with the costs of living.
At $1.80 per meal you could either eat for an entire year, or buy one Balenciaga t-shirt.
Idk about you lot but I know what I'm choosing.
see this is why being poor is a choice. you would frivolously waste your money on food that you can only eat once, rather than invest that money in a tshirt that could be used to advertise a reputable brand forever. think of the networking opportunity! do you know how many billionaires got their start by investing in the right tshirt rather than indulging in luxuries like "food"?
They start at $500 and go up from there. Now that I actually calculate it and don't just do sleepy mental math it's closer to the cost of one meal a day for a year (ca. $650) rather than all three meals (ca. $2000). Either way, the prices are completely absurd.
This reads the exact same as whoever it was that said that price gouging and scalpers are good actually.
Everything you hate is actually good for you, and anything that you strive for is actually bad for you. Just lick the boot and be happy that it's high quality leather, you little peon.
$1.80 per meal is about 12.6 Yuan which is honestly a pretty normal lower range for food products in China, adjusted for wages it's closer to US prices but still lower.
Actually due to inflation the cost for that meal is now 1.79.
The single obligatory downvote will never cease to make me wonder who the hell comes here just to downvote everything.
I know right? It's there almost every single time. Why? It's not like it hurts us in any way lol.
I’m a bit confused as to what they’re tangibly evaluating when they say “economy.” What is being hurt? What even does a “successful” economy look like to them?
