• matlag@sh.itjust.works
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    3 hours ago

    We’ve seen that trend for decades already. Neo-liberalism was all about trickling up wealth created by work.

    But you see that in all advanced economies: commoners budget are tighter and tighter as cost of life increase faster than wages. That’s the expected outcome of neo-liberalism.

    Now politicians pretend the housing crisis is an anomaly and car makers wonder why sales are slowing down. AI is bad, but it only accelerates and amplifies what was already happening.