View Single Post
Old 02-27-2009, 06:50 AM   #13
pGJLweEw

Join Date
Nov 2005
Posts
444
Senior Member
Default
Interesting vid. Not sure I buy the whole causation from wage-gap to debt-gap, but it's an interesting theory.
Something had to be done with the capital that was raised by not increasing wages. If it had been invested to increase production then wages would have increased. But that would have brought lower profit margins. Buy lending they actually increased their profit margins. It's not really causation. It's just capitalists taking advantage of the situation and ****ing everything up.
pGJLweEw is offline


 

All times are GMT +1. The time now is 03:31 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity