Late Stage Capitalism

Maybe an unpopular opinion, but I have to think that this isn't caused by capitalism in the way that seems obvious, that is, private equity stealing all of the profits. The economics of these things just doesn't pencil out.

For instance, somebody informed me on another post that the staffing for infant care is 4 babies per caregiver. In order to give the daycare employees a good wage, the parents have to pay at least 1/4 of one persons annual pay. So it's already unaffordable. Now subtract the costs of the facility, food, insurance, training, licensure, admin staff, and more, and the business model dictates that the daycare employees have to make shit wages.

If we're going to subsidize it, so that daycare workers make at least median income, why not subsidize parental leave instead? It'd be at least as cost-effective, and better for families.

But what if we could go back to one income being enough to support a family? Or re-normalized multi-generational households, and neighborhoods with a strong social fabric. What if what capitalism stole from us is ourselves? Instead of working together to raise kids and look after the elderly, it convinced us to hate and fear our neighbors, so that everybody would buy a huge house/fortress, cram it full of stuff that we barely use, and go everywhere in an individual, four-wheeled isolation chamber?

In the Netherlands, nurses are among the few who can't really go on strike. So every time the collective working conditions are renewed (usually every two years), they won't quite get inflation correction, the hours get squeezed etcetera. Meanwhile, doctors and management do get the pay rizes and other benefits. This leads to the current situation where the hospitals and care centers are baffled to find out that not only less people will get educated to be a nurse anymore, but a lot of nurses seek re-education to leave the field. Meanwhile, the government still insists that nursing is not a job but a "calling".

Who is stealing all our money?

It's because the rich bought up all our land and all our companies and are extorting us to use it.

You could get a bunch of daycare workers and try to run a more fair daycare. You'll realize you can't pay the workers more or the parents less because you have to pay exorbitant rent on a building to run your business. Then you have to pay for extortionate apps that help you manage your business so you can be competitive.

Good old capitalism ruining things again!

There was an interesting "some more news" episode about why childcare is so expensive. Basically it broke down to funding childcare in our system not being economically feasible for non rich people at an individual level so we need the government to step in and use taxes to make the economics make sense for both parents and care providers.

https://m.youtube.com/watch?v=7P3QrWHzRoU

Honestly elderly are an elastic healthcare line item lol and will absorb as much expense as allowed 😅 locally long term care homes are a chronically short staffed and rampant for burnout of new nurses

There was a little something noble in the Vikings social arrangement when you walk off a big cliff to not be a burden on your society lmao why exactly are we prolonging life for individuals who has lost all mental facilities or mobility? lol serious not serious

I don't understand how someone can't understand what's happening. It's so clear that the wealthy are siphoning of everything from the poor.

Stop asking questions people, start making demands.