it’s not “today’s system”, this is not a different kind of capitalism we are living through; it’s simply the logical continuation of capitalism.
Capitalism means profiting from owning. This systematically means, as the meme says, “line goes up”. The line must go up, otherwise owning stops being profitable, and capitalism stops. We’re just at a point where the avenues to keep growth going are becoming harder and costlier to reach, and each time those avenues are explored, they make the next ones costlier. So we’re all getting squeezed, both as workers (mass layoffs, multiple jobs etc), and as consumers (enshittification, product quality deterioration, price increases).
This is unavoidable; European countries that are currently more livable than the US will inevitably face this as well, they just took the scenic route
it’s not “today’s system”, this is not a different kind of capitalism we are living through; it’s simply the logical continuation of capitalism.
Capitalism means profiting from owning. This systematically means, as the meme says, “line goes up”. The line must go up, otherwise owning stops being profitable, and capitalism stops. We’re just at a point where the avenues to keep growth going are becoming harder and costlier to reach, and each time those avenues are explored, they make the next ones costlier. So we’re all getting squeezed, both as workers (mass layoffs, multiple jobs etc), and as consumers (enshittification, product quality deterioration, price increases).
This is unavoidable; European countries that are currently more livable than the US will inevitably face this as well, they just took the scenic route