Comment by blitz_skull
3 years ago
Well, without hyper-focusing on printers, I fail to see the call to action here. I don't understand why "this is not an economy that works for ordinary people".
I consider myself pretty ordinary and my life is impacted almost 0 by the forces of elastic markets.
Inequality is getting worse and worse across the west:
https://equalitytrust.org.uk/scale-economic-inequality-uk
Businesses are choosing to use their profits to perform stock buybacks instead of innovating or improving standards for their workers:
https://hbr.org/2020/01/why-stock-buybacks-are-dangerous-for...
Meanwhile the cost of living is going through the roof:
https://commonslibrary.parliament.uk/research-briefings/cbp-...
And pay is not catching up, further aggravated by inflation:
https://www.statista.com/statistics/1272447/uk-wage-growth-v...
In the UK we also have a 54% increase in the residential cost of energy (within the context of extreme profiteering from energy manufacturers):
https://edition.cnn.com/2022/02/03/business/energy-prices-uk...
And 9.1% inflation:
https://www.msn.com/en-in/news/other/uk-inflation-rate-hits-...
This is true across the world. I'm not sure what your life is like, but it sure as hell doesn't match the lived experience of many.
So what was your story 2 years ago when energy was cheap and producers were closing down?
What was your story on May 18, 1980 when no one was prepared for Mt. St. Helens to explode and people died?
Then you, by definition, are not ordinary.
The average person is impacted by capitalist market economy shenanigans on a continuous basis on nearly everything required to stay alive.