The working class? The same working class that majorly lives paycheck to paycheck and can’t even afford an unexpected $500 expense?
Yes, that working class. You know the people whose pay has pretty much been frozen in time since the 80s, even though the cost of everything is always going up faster than the paycheck they get?
What dollars do you think they are going to have in a deflationary economy after they get laid off?
Depends. I mean, I’m not going to offer solutions to try to make an exploitive system friendlier to the wage slaves… I’d prefer not having wage slavery anymore.
But, perhaps, we need to guarantee everyone the right to the basic requirements of life? Then we don’t have to make sure billionaires get more billions, just so they can try to survive the hellscape we have created?
But, perhaps, we need to guarantee everyone the right to the basic requirements of life? Then we don’t have to make sure billionaires get more billions, just so they can try to survive the hellscape we have created?
Sure. But that is outside of the scope of your original take and in no way validates it.
Yes, every time you move the goalposts, you change the scope.
But sure, I’ll bite, again.
What does infinite growth have to do with deflation? You don’t have to have one or the other. You can also just have stagnation, which is arguably more sustainable than the unemployment caused by deflation.
Yes, that working class. You know the people whose pay has pretty much been frozen in time since the 80s, even though the cost of everything is always going up faster than the paycheck they get?
Depends. I mean, I’m not going to offer solutions to try to make an exploitive system friendlier to the wage slaves… I’d prefer not having wage slavery anymore.
But, perhaps, we need to guarantee everyone the right to the basic requirements of life? Then we don’t have to make sure billionaires get more billions, just so they can try to survive the hellscape we have created?
Sure. But that is outside of the scope of your original take and in no way validates it.
Its not outside of the scope of “Demanding infinite growth isn’t sustainable”…
Yes, every time you move the goalposts, you change the scope.
But sure, I’ll bite, again.
What does infinite growth have to do with deflation? You don’t have to have one or the other. You can also just have stagnation, which is arguably more sustainable than the unemployment caused by deflation.