• psvrh
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    2 months ago

    I would point you to a recent Lemmy post that shows grocery and processor profits spiking, while farm income is flat.

    Cancelling the TFW program would help, sure, but the other half of the coin should be much, much higher marginal tax rates that put a brake on profiteering. One of the reason everything is so theadbare is because the rich are taking an increasing share of the wealth, and the reason they’re doing that is because we don’t tax them for it. Because we don’t tax them, they have no incentive to invest in people or productivity improvements, and every incentive to use those profits for financialization.