Economics

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Cracks are forming in America’s economy. Trump is a big reason why. (www.cnn.com)

submitted 1 month ago by farcaster@lemmy.world to c/economics@lemmy.world

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[–] SomethingBlack@lemmy.world 15 points 1 month ago (3 children)

I think you're right, he sees the US people as customers rather than employees though.

And a Casino aims to extract as much money as possible from it's customers.

[–] Aidian@sh.itjust.works 4 points 1 month ago (2 children)

The fundamental flaw is that many see the people as customer or employees rather than the employers.

[–] SomethingBlack@lemmy.world 2 points 1 month ago (1 children)

Under this running metaphor, that'd translate to Communism. Which I absolutely think would be beneficial if we could just adopt it today, but I don't think the western world as a whole is ready for that transition.

Under Capitalism, the best we can hope for is employees

[–] Aidian@sh.itjust.works 1 points 1 month ago

Oh, there’s literally never a fair (or sane) shake under capitalism, especially under the inescapably inevitable “Saturn devouring his young” endgame stage we’re in. Zero arguments there.