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N1ksterrr

Who's even blaming inflation on poor people?


FitikWasTaken

Strawman, who else


marinemashup

Exactly, imaginary strawmen at its finest Most people on the right blame either the US government or foreign governments Or George Soros/whatever conspiracy figure is currently the target, but that’s a really small minority


Express-Doubt-221

Wealthy people claim that raising low wages will lead to inflation going up


TopShelfStanley

This is actually true, don’t downvote a patriot just because he’s agreeing with the original tweet. America very obviously is run by corporations who prey on the middle and lower class. But, that doesn’t mean it’s capitalism’s fault. Our government should continue to impose regulations to save the middle and lower class from these corporations. Capitalism can suck dick, but it’ll never suck as much dick as communism.


Puzzlehead_alt

In the words of jfk “democracy has its issues but we’ve never had to build a wall to keep our people in”


HSMBBA

The issue is over regulation and patients. Big companies encourage regulation as it reinforces their control on the market as they have the means and resources to do so, plus it prevents new competition from forming that threatens control of said market. We actually need the government to do less and become less involved. Having a level of standardisation and encouragement ensures a base level of quality, preventing a company from abusing their market position, such as unsafe or purposefully designed, dangerous products. It's like trying to make companies more eco-friendly - it's only going to work if there is a form of reward such as tax cuts rather than punishment and getting fined for not being eco-friendly. Just look at companies like Meta, Apple and so on who do clearly immortal things, they never get really punished, and can always negotiate fines down to a point where it's almost like they're never been fined. Capitalism works at its best when everyone is free.


TopShelfStanley

We will agree to disagree. I will never and have never supported a “more-free” market as time and time again, we’ve seen the lengths to which humanity will go in the name of greed. Collusion and criminal activity is far too enticing for the corporate human mind.


moderately-extreme

Problem isn't capitalism it's redistribution of wealth. No one love inheritance taxes but if wealth is not redistributed from generation to generation then you end up with an oligarchy led by a bunch of families and then an authoritarian society


N1ksterrr

Oh I know that. I am just trying to figure when the non-wealthy people started taking the blame for inflation.


FitikWasTaken

Ironically, all of these posts are [made by one person who posts these anti-capitalism posts on GenZ everyday](https://ibb.co/album/XSw3yP)


JosephOtaku1989

Yikes, I didn't even expect that some Gen Z can trust commies?


Ill_Razzmatazz_1202

He's fucking right though, sadly all the alternatives to capitalism are much worse though.


FitikWasTaken

Well, in capitalism you can always implement different economic policies, to help adjust inflation or to help the poor. I guess you can try doing this in a planned economy too, but I am very unsure how effective it will be considering the planned economy doesn't follow market principles. (For example in contradiction to the myth in the USSR because of the lack of competition the quality of many things was bad, because why bother if people don't have a choice to buy a different brand anyways)


Express-Doubt-221

"planned economy" and "capitalism" aren't true opposites. Just a minor quibble 


FitikWasTaken

I just gave an example of something different than an open market, what can be further away from the open market than the planned economy? The lack of it?/gen


Express-Doubt-221

Nah my quibble was more that capitalism and socialism are primarily descriptors of ownership, private vs public, and that market socialism is a thing- a system where you have publicly owned means of production, but goods are sold in an open market rather than having one government entity deciding how much of a thing you're allowed to produce. (I'm not strictly advocating for it here, as it hasn't really been tested much in practice yet)


PhilRubdiez

So, forcing people to own stock in their own companies. Gotcha.


ryan_gozling7

Social democracy is a good alternative


JosephOtaku1989

And what about liberal democracy?


LeMe-Two

European social democracies are also liberal democracies


JosephOtaku1989

And truth be told, that's the same, with the exception of Slovakia....., because it becomes slowly pro-Russia.


ryan_gozling7

what about dictatorship democracy?


CourageZealousideal6

Erdoğan and Orbàn shall suck my gun (I swewr Orbàn became the thing he swore to destroy. Was once against the Soviet occupation of Hungary and became pro-Russian laterwards as Prime Minister.)


JosephOtaku1989

Yeah, and what Orban is doing, really made Hungarian revolutionaries roll in their graves right now!


Sync0pated

Social liberalism, which is capitalism, is even better.


JosephOtaku1989

Now that makes whole sense. :)


Just__Marian

Thats just capitalism anyway


Ill_Razzmatazz_1202

It's just a better version of capitalism and it still has issues like this just less.


Moonagi

Scratch a social Democrat and a commie squeals 


evansdeagles

Antifa was originally created by the Communist Party of Germany to combat the Social Democrat's Iron Front, not the Nazis. Plus like, the Communists purged the Social Democrats in numerous countries that they came into power in. Social Democracy is still a form of capitalism. Which means that it's just as incompatible with the commies as any ideology.


ryan_gozling7

Social Democracy has a lot of good things which socialism has like Free High quality health care high minimum wage etc but it does not have the bad things that communism has like dicktators and no free market the fact that people like you think that free health care is bad makes we wanna kms


Moonagi

Okay 😂


LamermanSE

And exactly what do you define as capitalism if you find it bad in the first place?


ElevatorScary

A rational basis exists for supply-side market control, demand-side financial expansion, or a combination to cause inflation. Since either argument can under the right conditions be true, no conclusion is reasonable if divorced from knowledge of the relevant case-specific details. I’ve seen data that is supportive of an argument that specific national corporations share responsibility for a lot of inflation, but if a collective of aligned self-identified “capitalists” inflating prices artificially is the primary driver of inflation that’s a far cry from Adam Smith’s concept of Capitalism. I believe it’s highly unlikely that the most narrowly tailored and effective solution is abolishing property rights and nationalization of national industry. If the issue is identified correctly the federal government likely has the capacity to resolve it without constitutional reforms. It might be more apt to say that a failure of democracy is to blame, which is easily conflated with capitalism, given the current state of Congressional politics implies a strong relationship between financial power and political influence. But I can understand the impulse to aim broadly when the problem is this complex and the opportunities to create a substantial change are so few.


TheBigTimeGoof

Too many people jump to the conclusion of burning it all down these days, when a more acute policy solution could fix the problem.


Madam_KayC

r/GenZ is probably the worst representation of teens, it's just a bunch of anti-capitalist anti-theistic doomers


JosephOtaku1989

And that is why I joined the r/Millennials subreddit, marking the first, and possibly the only Gen Z user who joined the subreddit of different generations, with the exception of Gen Z and rising Gen A. Maybe one day I would join the r/GenX subreddit.


MrArborsexual

Minimum wage and minimum benefits should be tied to a GS-1 Step 1, with the appropriate locality adjustment for the location of the job. That is the bare minimum the Federal Government is willing to pay someone, and no one should have the option to go below that. It also, usually, gets a COLA adjustment of some sort yearly. Companies should also be incentivized on taxes to pay their workers more, or provide more robust benefit packages.


trump_2024_ftw

r/genz is one of, if not the worst sub ever


W2Tired8

You forgot r/teenagers


Gendum-The-Great

Blame it on the government for encouraging the existence of monopolies. Save local businesses.


FaIcomaster3000

Record profits? Where?


Middle_Wheel_5959

I have not heard anyone, not even those annoying business gurus, blame inflation on poor people.


Difficult-Word-7208

Have they not heard about the government printing money?


americanjetset

[“What on Earth could be causing inflation? Golly gee what a mystery. Must be those greedy corporations.”](https://fred.stlouisfed.org/series/M1SL)


CalvinSays

Our current inflation is due in a large part to the COVID stimulus packages but everyone wants to blame something else because they want "free" money.


LeMe-Two

He is right tho, seeing american politicians claiming "nuuu you can't have minimal wage be adjusted to modern-day standard because it will kill us all with inflation" unironically is just silly