• communistcapy
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    121 year ago

    It also is important to note that Biden’s plan was insufficient to begin with. As with the $15 minimum wage, it’s too little too late and they still aren’t able to do it.

    • @AllonzeeLV@vlemmy.net
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      11 year ago

      The republic fell decades ago to the owner class.

      All economic policy has been dictated by the oligarchs in the name of trickle down lies since Reagan, political bribery has been effectively fully legalized since Citizens United, all branches of our government have been completely captured by the wealthy interests the government was supposed to keep in check for the societal well being. Social wedges are being clicked on and off to keep the capital battery peasants, us, at each other’s throats so we won’t fight back, and they own all mass media for propaganda and all means of institutional violence to protect themselves from any retribution for running the table ans dehumanizing the non-wealthy.

      This is all history. Without revolution or collapse, things will not be allowed to improve. Any scientific/technological advancements will be used solely to further enrich those that have almost everything and whose unquenchable greed cannot be satiated.

      Automation could be used to free humanity from menial labor, instead it will be used to increase capital output whole causing mass homelessness and threaten people into lower wages with zero governmental pushback.

      AI could be used for the same, but will be used for the above, and also used (its already starting) to monitor the humans doing things AI cannot and report any facial tick, posture, hand motion, that indicates less than optimal productivity to the owners.

      I wish we’d fight back, but as I said, their first defense is division through stoking wedge issues. Everyone fixated on social issues that are caused by, exacerbated by, or intentionally stoked by our economic prison. Peasants raging at peasants over symptoms inside an economic prison as the wardens, the people that own you, laugh at their battery’s lack of recognition.

      They learned a lot from slavery and jim crow. It’s far easier and more effective long term to manipulate us into undermining one another with false promises and propaganda than any chain or ordinance.

    • turmacar
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      1 year ago

      If you’re saying it was insufficient because it was “just” forgiving $10-20k per person, that’s never been true.

      There was also a lot about restructuring the repayment system. Cutting how much “discretionary income” borrowers owed every month, changing how “discretionary income” was calculated to make it more generous, loan forgiveness after 10 years instead of 20, removing monthly interest under income-driven repayment plans so the balance won’t grow because the borrower doesn’t make enough.

      The focus has been on the bulk forgiveness but all the other reforms are badly needed as well.