Japan has been grappling with its demographic statistics with a sense of urgency, particularly regarding its declining birth rate. In 2023, the country...
Capitalism is totally different from a ponzi scheme. In a ponzi scheme, the profits go up to the person at the top and you always need new people that come in, otherwise the whole thing will fall apart and the people at the bottom will be the ones that suffer. Under capitalism however, the profits of everyone’s work will go up to the top and you always need new workers to come in, otherwise the system will fall apart and the people at the bottom will suffer. Totally different.
Once crapitalists run out of “new horizons” to “expand” into, they start cannibalizing their current workforce and raise prices while lowering quality for customers.
Do not be fooled. Quality is going down because profits are going up.
Capitalism is totally different from a ponzi scheme. In a ponzi scheme, the profits go up to the person at the top and you always need new people that come in, otherwise the whole thing will fall apart and the people at the bottom will be the ones that suffer. Under capitalism however, the profits of everyone’s work will go up to the top and you always need new workers to come in, otherwise the system will fall apart and the people at the bottom will suffer. Totally different.
Hm. There is a difference.
Once crapitalists run out of “new horizons” to “expand” into, they start cannibalizing their current workforce and raise prices while lowering quality for customers.
Do not be fooled. Quality is going down because profits are going up.