this post was submitted on 11 Apr 2024
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[–] [email protected] 77 points 7 months ago (2 children)

Next up: How combining shrinkflation with inflation empowers customers.

[–] [email protected] 43 points 7 months ago (2 children)

Shorter life expectancies: good for the environment!

[–] [email protected] 33 points 7 months ago (1 children)

Did you mean "Shorter life expectancies: good for the economy!" ?

[–] [email protected] 4 points 7 months ago (1 children)

I just lost another part of my soul. Goddamn.

[–] [email protected] 2 points 7 months ago

Yay capitalism, right?

[–] [email protected] 1 points 7 months ago

unemployment: good for the economy!

corpo media said that recently over here.

[–] [email protected] 8 points 7 months ago

EA did that on Reddit with loot boxes. It didn't go too well.

[–] [email protected] 58 points 7 months ago* (last edited 7 months ago)

Pay increases for CEOs and shareholders should stop entirely until inflation is at the very least under control. As if the 1% getting less of a cut is going to affect inflation as much as the 99% of profits does.

Or whatever the actual percentages are. Don’t come at me with “uh it’s actually 23% vs 77%” bullshit because the point still stands.

[–] [email protected] 52 points 7 months ago

If the French Revolution taught us anything, nothing changes until heads roll. And even then it’s inevitable it will happen again, and again.

[–] [email protected] 37 points 7 months ago

This far the inflation has been driven by rising corporate profits and energy costs. Now that the stagnant wages start to react, it's time to...

https://www.imf.org/en/Blogs/Articles/2023/06/26/europes-inflation-outlook-depends-on-how-corporate-profits-absorb-wage-gains

[–] [email protected] 32 points 7 months ago (2 children)

Capitalism has run its course

[–] [email protected] 16 points 7 months ago

the means of production aint gonna seize themselves

[–] [email protected] 11 points 7 months ago

Hold up buddy. Those rich folks just want, "a little more", and there's still lots of willing turnips to squeezed.

[–] [email protected] 23 points 7 months ago (1 children)
[–] [email protected] 3 points 7 months ago

If the current situation was not due to the rich hoarding resources but localized within a country that is mostly self sufficient, and the government was working towards redistribution of wealth, it could, assuming a benevolent government and empathy. Those steps could help prevent something like the Argentinian situation a couple of decades ago, where people would joke that they had to pick their salary with a wheelbarrow, due to the inflation being so high, they were paid millions, but those millions would not be enough to buy the bare necessities.

This is not the case globally, for the record.

[–] [email protected] 19 points 7 months ago (1 children)
[–] [email protected] 12 points 7 months ago (1 children)

Oh, Politico is Axel Springer. Everyone should stay aways from it then. Axel Springer is probably the worst media company in Europe.

[–] [email protected] 7 points 7 months ago* (last edited 7 months ago)

Why are they the worst? I know absolutely nothing about them

Edit: oh, the wiki told me they're the ones who own eg. Bild and Die Welt. Especially Bild is a steaming pile of shit, so I'm not surprised at all at someone calling them the worst

[–] [email protected] 16 points 7 months ago

I guess it's all about that ratio of cost of living vs wage. Whether you get a wage increase to have more money for the same stuff or wage stays the same but cost of living goes down, I guess if everything else stayed the same it wouldn't matter which one happened. But of course it's not that simple.

[–] [email protected] 9 points 7 months ago

Fuck Spacer’s Choice.

[–] [email protected] 2 points 7 months ago

Surely they mean pay raises for C-suite, right? R-right?

[–] [email protected] 2 points 7 months ago

What the fuck Politico.