Like, the profits can't keep coming if production doesn't keep coming. Can the government just borrow against future production and keep the ball rolling indefinitely, or is it going to come crashing down very soon?

Econ nerd pls help, my humanities degree did not prepare me to answer these questions.

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  • garbage [none/use name,he/him]
    ·
    4 years ago

    i mean the real production kept going. anyone deemed an 'essential worker' didn't get any of the actual benefits that people who weren't essential got, like the guaranteed unemployment 600 bucks a week shit, they just had to fucking to to work for the same wages and shit.

    there were a couple options for companies that had employees deemed essential in certain states, where they could apply for something that would grant their employees extra hazard pay but it wasn't required and mandated, and a lot of companies just didn't do it.

    point being, actual production never stopped, so even if the shit doesn't crash that doesn't disprove marx.