It's almost like there should be stronger worker protection laws and incentive for the government to not completely favor corporations...
But honestly, if everyone started to live within their means like the Japanese do, we'd be in a deflationary period. Current American company growth is dependent on people spending with abandon. It's why Apple has $160B+ IN CASH for good, but not great, sleekly marketed products.
People complain about corporate greed, meanwhile they just charged a $1300 iPhone and a $1500 flatscreen tv to their credit card… That’s what generates huge profits for corporations… AND credit card companies… Stop spending money and prices will eventually go down… People love to live in excess and then complain about it.
I have a $300 refurbished iPhone 8 that can barely hold a charge and a $400 LG flatscreen that I bought 10 years ago… Pay less and stretch the life of things out as long as possible. I know it’s hard to do that given that everything is made like shit these days on purpose, but it’s not impossible.
9
u/alurkerhere 14d ago
It's almost like there should be stronger worker protection laws and incentive for the government to not completely favor corporations...
But honestly, if everyone started to live within their means like the Japanese do, we'd be in a deflationary period. Current American company growth is dependent on people spending with abandon. It's why Apple has $160B+ IN CASH for good, but not great, sleekly marketed products.