this post was submitted on 18 Apr 2025
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The tension between a capitalist wanting lower wages and more consumption is a contradiction at the heart of capitalism. It's one of the reasons Marx thought it was bound to destroy itself. One resolution to this contradiction is debt, get people buying everything on credit cards and you won't have to raise wages to keep consumption up. This is why the economy has kept growing while wages have stagnated, credit card debt has boomed recently.
There are many contradictions in capitalism, another is that workers want higher wages, but also want cheaper products. If wages do increase then the price of products increase as well and we get inflation. These contradictions lead to the instability of capitalism and require the state to step in and mediate them otherwise the system oscillates wildly between booms, busts, inflation, deflation etc.
Sorry to hear about your situation. I understand how that sort of rhetoric can kick you while your down and stick with you a lot more. Blaming poverty on the impoverished is always disgusting.