That's by design. It's the natural end result of trying to maximize exploitation.
A Boring Dystopia
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--If a picture is just a screenshot of an article, link the article
--If a video's content isn't clear from title, write a short summary so people know what it's about.
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
Yay Capitalism!
"By design" and "natural end result" aren't the same thing, but it's a little from both columns anyways
Fair enough
Aka wage slavery.
If you can't afford to miss a paycheck, you can't afford to say no to your boss.
And if you can't afford to miss a paycheck, you don't have time to prep a resume, go out for interviews, or other activities that would allow you to find a new job.
How does this compare to typical? Haven't Americans generally had a significant portion of the population living paycheck to paycheck?
This number has been steadily increasing over time. It was 30% in the 90s, 40% in the 2000s. Then with the ‘08 recession and onslaught of shit since then, it spiked up into the 60s for a while around ‘21. I am surprised it’s back down into the 50s again, but maybe that speaks to just how little $1k can buy you after the exploitative price gouging of the past few years.
We’re fucked. But Lonnie can still buy a company and run it into the ground, so the system works!