America has started looking like a second or third world country we’re the small amount of rich people bleed the economy dry and, Jobs exist there that don’t even pay enough to live on. Capitalism only works for the rich and is on its way to collapsing the economy and making entire generations soon to be homeless. Today’s terrible below entry level underclass jobs expect older generations to care for millennials and younger generations forever , and refuse to pay living wages or even full time. No benefits, or healthcare.
Neo-feudalism Is one of the common terms for this but American-Capitalism is basically identical the government allows it to happen because banks and corporations lobby them to keep the prices cheap for the elites. So the wealthy can get everything cheap while draining the lower classes of all there wealth and former freedoms. I wouldn’t say this is exclusive to one country but it’s going to cause the Collapse of the USA.
USA Has been this way forever. It’s The Modern Roman Empire a state ruled by elites.
They shipped all the real desk and non desk entry level jobs to China , India and Mexico? We’re did they all go? Nothing left but underclass poverty jobs??
Today’s economy cannot sustain anything the system is going to collapse. Hyperinflation and inflation also will continue to lower wages. And not only will today’s low paid workers enjoy making nothing they will be convinced these mega corporations will create better jobs that are long gone shipped overseas. The propaganda machine will continue to brainwash with American-Capitalism entertainment to keep people from thinking. It’s like a Modern Roman Empire the people have zero power to change anything .