this post was submitted on 09 Oct 2026
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One caveat: the rich would rather use violence to force the few people left into menial tasks, than increase wages even a cent.
The rich in this case == old people. People over 55 own 73% of the US. Billionaires don't come close to the wealth of boomers. In countries with national pensions they just do it via taxation, in the US it's via retirement funds invested in the companies abusing workers.
People don't seem to get that everything has a cost in human labor to it and if you want people to continue enjoying the benefits of what is actually a pretty good economy all things considered, there need to be enough workers. If there are not enough workers, you can't have retirement anymore. In fact, a few decades from now we'll have to get rid of retirement as a concept unless we want actual slavery.