It’s not schiz. It’s about how we measure “the economy”. There are lots of ways, and the one that Newsweek (and all mainstream voices) use has nothing at all to do with the wellbeing of people. It only measures the wellbeing of shareholders.
This. Tech bros, Bit coin promoters and and all the sycophants who huff their farts are not “the economy.” People who actually make things are the economy.
Usually when the news media talk about “the economy,” they’re not talking about the financial well-being of workers, or the average citizen. They’re talking about how much extra money corporations and the ultra wealthy are making. If every time you read about the economy you mentally transpose the words “the economy” with “rich people’s yacht money” what they’re writing about becomes a lot clearer.
“Everyone is being paid such ridiculous poverty wages that they are functionally unemployed.”
“Rich people have tons more yacht money.”
They’re not actually opposing statements. One is a direct result of the other.
Schizoid Newsweek:
https://lemmy.world/post/40672932
It’s not schiz. It’s about how we measure “the economy”. There are lots of ways, and the one that Newsweek (and all mainstream voices) use has nothing at all to do with the wellbeing of people. It only measures the wellbeing of shareholders.
This. Tech bros, Bit coin promoters and and all the sycophants who huff their farts are not “the economy.” People who actually make things are the economy.
Usually when the news media talk about “the economy,” they’re not talking about the financial well-being of workers, or the average citizen. They’re talking about how much extra money corporations and the ultra wealthy are making. If every time you read about the economy you mentally transpose the words “the economy” with “rich people’s yacht money” what they’re writing about becomes a lot clearer.
They’re not actually opposing statements. One is a direct result of the other.