ninexe

Everything is awful because the people who went to business school figured out how to fuck us over as hard as possible.

https://sh.itjust.works/post/51455484

Everything is awful because the people who went to business school figured out how to fuck us over as hard as possible. - sh.itjust.works

There is no such thing as competition. As soon as a business does something that sets it apart, it’s immediately hounded by business school people who want to profit off of lowering standards and raising prices. It’s why everything is so expensive and wages are trash. The whole point of going to business school is to ensure that businesses are always doing the bare minimum while charging the maximum people are willing to pay.

Dec 12 at 12:17pmWeb
Show threadDagwoodIIIDec 12

Blame Reagan.

A big part of deregulating banks back in the 1980s was shifting away from expensive manufacturing to cheap financial services. Instead of investing in bringing US factories back, Reagan’s polices sent the actual work overseas and left management here.

Show thread_‌_反いじめ戦隊Dec 12
Because Regan was the President of China when capitalism was enshrined.🙄
Show threadDagwoodIIIDec 12

Regan

Ronald Reagan was President of the US from 1981 until January, 1989.

I tried to find information on the President of China in 1750 AD. Nothing came up.

Show thread_‌_反いじめ戦隊Dec 13
So Regan created capitalism⸮
Show threadCanadaPlusDec 12
I want to argue with this, but it wouldn’t be much of a rant community if it talked back.
Show threadDragonTypeWyvernDec 13
Also you’d be wrong
Show threadCanadaPlusDec 14

Well, since you’re not OP.

Most stuff in the West, including businesses, is owned by kinda rich but mostly ordinary people - the 9% after the 1%. Furthermore, people have always tried to make money, and while big businesses are a lot more efficient at it today margins are much lower to compensate. There’s no self-contained, small club getting easy money at the public’s expense, which is what OP was implying.

A few things have gotten more expensive relative to wages. Some things are actually less expensive (clothes are a minor expense post-globalisation, a basic TV costs less than a really nice meal now), other things are kinda the same. The real trend has been the split between well paying jobs (like most of Lemmy has) and poorly paying jobs widening; the rest is “everything used to be better”, which people are recorded saying all the way back through Socratese.

Show threadDragonTypeWyvernDec 15

“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”- Warren Buffet, 2006.

Figure it out lmao

Show threadCanadaPlusDec 15

One quote vs. a bunch of hard statistics, sources available on request.

It’s not even a quote that contradicts what I said, when put in context, where it was about tax policy. Warren buffet is well aware of the gradualness of the wealth gap, and that there’s no free lunch for corporations. His whole investment philosophy is built on the latter fact.

Warren Buffett on Class Warfare, 'It's My Class, the Rich Class, Making War, And We're Winning'?

The full purported quote read, "There's class warfare, all right. But it's my class, the rich class, that's making war, and we're winning."

Snopes
Show threadDragonTypeWyvernDec 15

“One quote”

“grAduAlnEsS oF tHe WeAlTh GaP”

🤡

Show threadCanadaPlusDec 15
Love you too.