Late Stage Capitalism@lemmygrad.ml · 3 years ago

Workers asking for pay rises risk embedding inflation, says Bank boss

www.theguardian.com

Workers asking for pay rises risk embedding inflation, says Bank boss

www.theguardian.com

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Late Stage Capitalism@lemmygrad.ml · 3 years ago

'If everybody tries to beat inflation – in price-setting and wage-setting – it gets worse,’ warns Andrew Bailey

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Late Stage Capitalism@lemmygrad.ml

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A One-Stop-Shop for Evidence of our Social, Moral and Ideological Rot.

(It is also the official version of r/LateStageCapitalism/ on the Fediverse)

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News, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge the narratives which act as legitimations for the status quo of modern class society. Posts need not be about capitalism specifically, whether late-stage or otherwise; we simply aim to cater to a socialist audience.

We do allow links to threads and comments on Lemmy/Reddit, as long as they are relevant to the content guidelines and follow the rules. Use NP links, or your post will be deleted.

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This community has its roots in broad-based anti-capitalist thought, with an emphasis on Marxist concepts and analysis and a commitment to antiracism and inclusive feminism.

When it comes to proposed alternatives to Capitalism, it is the general consensus of this community that class-divisions and alienated labour must be abolished; production must be collectively organized by the laborers themselves for the direct benefit of all. We call this socialism.

Find out more here: The Principles of Communism

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Please note that Robert Reich or Bernie Sanders as liberals also fall under this rule.

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