this post was submitted on 09 Feb 2024
517 points (92.2% liked)
Technology
59374 readers
7261 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yes. This is the silent problem of enormous wealth inequality in the US. As the middle class disappears, fewer people are able to pay small fees to contribute to things like local news, community organizations, and online services.
Our dollars are not as important as those who can pay obscene amounts of money for the better stuff. Same way the death of first class and the selling of private transportation is such a danger.
It's also not great that they just sorta expect the trickle in of a poor populace who combined still make a great share of the income and think their stranglehold is so tight that the money will never stop coming in.
It's piss poor management from the late generations of the wealthy. Didn't have to build or think about maintaining the economic machines and just saw how it could work for them to make them unimaginably wealthy and safe forever.
We are coming to the rest of if that's true and I think entropy of nature itself will prove the answer is no.