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Comment by ihumanable

We've seen in the K-shaped economy of late a new kind of consumerism.

The top 10% of consumers accounted for half of all spending in the second quarter of 2025.

Capitalism will happily chug along while leaving a massive number of people desperately poor.

There's a reason the AI CEOs have all become obsessed with the concept of a "permanent underclass."

If a UBI is ever "given" it will be just enough to keep the underclass from rising up and killing the owner class and not one cent more.

parent ihumanable 2 months ago

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