• BLU_Raze@lemmy.dbzer0.com
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    1 year ago

    But we already solved that problem in financialized capitalism. If the Americans are too poor to buy anything, put them on payment plans, monthly service fees, loans, and credit cards. Now the rich get to hoard as much as they like, and every crisis lets the richest of the rich get their hands on all the small and medium-sized businesses. If the people go poor again, just put them in more debt and give call their purchases “luxury purchases”. You don’t even need to make a profit to run a billion-dollar business anymore.