alt Hacker NewsNo, it’s definitely the insane amounts of inequality we have today. The inequality is why there is less money flowing through the economy, why folks with incredible amounts of wealth can buy media outlets and attempt to buy elections to further their interests to hinder attempts to make things cheaper for average people. The inequality gives them their power, it’s the whole point.
Absolutely. Lack of effective enforcement of anti-trust and consumer protection laws are major factors in rising costs of everyday people. Corporations and oligarchs get to do whatever they want and suffer no consequences for it, because Citizens United gives power to those with the most wealth.
There’s a reason why half the country would vote for a democratic socialist now.
https://thehill.com/homenews/campaign/6178694-voters-support...