As usual. WTF?
But with the plethora of news sources it is.
Not a forgone conclusion
No if they are reproductions of the same data set and treatment. Notice the very convenient point of 1970 that they indexed off of to make the chart as “scary” or emotion enduring as possible. This is pretty much the norm for “data” reporting nowadays. I think you can get on board with assuming all data presented is used to push an agenda of sort.
No a viable long term solution for any economic model. Production cannot continue to increase linearly always.
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And what if the wealth gap has increased? Is it increasing among those who own the businesses? And why the ridiculous CEO pay? They make 300 or more than the average worker. But YOU can’t fathom that capitalism could do this unless it is deserved. Bwahahaha…;;;;
And so can profits.
But it certainly can increase now and we can reach for full employment. Imagine that, no one, or only a few, on unemployment.
And yours is? Keeping everything the same.
This I doubt. We could possibly make an increase but at what cost to the planet? And why should we increase production when there is an overabundance of most products already?
And you can’t fathom that a CEO of a company as influential as say Apple should make that much. Do you know how many people have at least 1 apple product but usually more?
I see people on welfare with iPhone 13 and 14s. Which is frankly bull shit. I think if one is on welfare you get a phone that can call and text only until you stop sucking off the government teat.
I am sure you give every single extra cent away given the altruistic sentiments you profess, albeit in a rather vitriolic manner.
Actually that’s almost the word for word original definition of inflation.
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Surprised to see the MMT cause of inflation also be it’s definition.
No. I have 1 Apple product and that is it.
300+ times the amount of the average worker? No, I can’t fathom it.
Again this is profit in pure numbers. Not as a percent over operating cost
You do realize this chart is from the world economic forum which is quite literally a lobbying organization funded by ultra wealthy capitalists? The fact you would post something they produce in defense of leftist monetary policy is fucking hilarious.
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This ought to be taken in consideration.
We certainly have the man power.
The MMT definition is retarded. Market forces and general price increases aren’t inflation, just as when prices decrease it isn’t deflation.
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Again, I disagree. Take a look at indeed.com and see how many jobs are open in your local area…
You underestimate most people’s ability to be lazy as fuck (it’s why obesity is now over 60% in the US with the UK not far behind).
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Well apple products provide me 300x more value than the average person so makes sense to me.
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Ah no…it’s mostly because of garbage food. Diet is far more important than exercise in terms of losing weight.
Ah no…it may be ironic that they even posted this but the elite are so brazen now, they just stab people the front right out in the open.
True. Bur seeing the way profits have gone up it is a very easy guess.
Shitty food choices are lazy. Most crap food is designed for the lazy - TV dinners, highly processed carbs, microwaveable or one pan all in one meals, etc… they are all designed with the lazy ass in mind.
Diet is purely a choice. Everyone knows what healthy food is. Shop the outside of the grocery store and learn some damn cooking skills. Its not that hard.
I am betting you say this because you want someone else to blame for your (I am assuming) obesity problem. Just like you blamed someone else for getting fired 12 years ago and are still holding a grudge.
Won’t let me quote your other post but again you are making an assumption based on data presented to push a political agenda. They (those who created the chart) got exactly the response they wanted from you because like most you cannot critically think about what the numbers actually mean.
You quoting World Economic Forum is indeed hilarious for reasons you won’t understand.
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I think that should be: 22 years ago.