We will stay like this as long as we can without changing the economy. When it gets bad enough then capital will do just enough to keep itself going. Even if absolutely nothing were being done, covid wouldn't kill enough people. So at the very worst you're looking at killing people who are either too old to be productive or too unhealthy to let live and burden the medical system with chronic conditions. That's not enough incentive for capital to do something drastic. Also consider that with everything that has happened, the stock market is at record highs. That has no bearing on our lives but it does to theirs. Look at how many new billionaires there are. No reason to do any more when doing nothing has been so profitable. When that kind of stuff becomes impossible, there will be just enough concessions to keep the thing from collapsing completely.
They haven't given much so for but eventually they'll have to. People have to keep spending/consuming and people still are needed to work front line jobs. So they'll have to inject more stimulus and make those jobs more attractive as this goes on. Like one example is a lot of nurses are looking for a different career path right now. They can't afford for a massive drop in nurses. So they'll have to make those jobs safer so people will be okay working them, or they'll have to pay people enough to risk it anyways.
I just don't know when that will be. I think another year or two of poor vaccine distribution could do it. Or if covid were to mutate and start killing younger people more.
It's not which is why they're going to have to give concessions at some point. All I mean by concessions is injecting cash so people can continue to spend. Also making "front line" jobs more attractive so people will want to work them.
We will stay like this as long as we can without changing the economy. When it gets bad enough then capital will do just enough to keep itself going. Even if absolutely nothing were being done, covid wouldn't kill enough people. So at the very worst you're looking at killing people who are either too old to be productive or too unhealthy to let live and burden the medical system with chronic conditions. That's not enough incentive for capital to do something drastic. Also consider that with everything that has happened, the stock market is at record highs. That has no bearing on our lives but it does to theirs. Look at how many new billionaires there are. No reason to do any more when doing nothing has been so profitable. When that kind of stuff becomes impossible, there will be just enough concessions to keep the thing from collapsing completely.
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They haven't given much so for but eventually they'll have to. People have to keep spending/consuming and people still are needed to work front line jobs. So they'll have to inject more stimulus and make those jobs more attractive as this goes on. Like one example is a lot of nurses are looking for a different career path right now. They can't afford for a massive drop in nurses. So they'll have to make those jobs safer so people will be okay working them, or they'll have to pay people enough to risk it anyways.
I just don't know when that will be. I think another year or two of poor vaccine distribution could do it. Or if covid were to mutate and start killing younger people more.
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when has it not done that?
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It's not profitable long term though.
They will panic when retail (even online) starts to really drop.
It's not which is why they're going to have to give concessions at some point. All I mean by concessions is injecting cash so people can continue to spend. Also making "front line" jobs more attractive so people will want to work them.
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