• frigge@lemmy.ml
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    2 days ago

    turns out the term “late-stage capitalism” is over a hundred years old . It is difficult to argue that it has been working before that.

    • rumba@lemmy.zip
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      2 days ago

      There were plenty of unskilled and semi skilled people in the 80’s and 90’s that bought a house, raised a family and took a long vacation every year on a single tradesman’s income. We had rich fuckers back then too, but they were rare and business was pretty well distributed.