view the rest of the comments
Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Please don't post about US Politics.
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
I think the American dream implied that if you put in honest hard work you could be successful.
I found that personally true for myself, transcending from low income to being a millionaire in my 30s. But I know that it has not worked out for some.
Factors that complicated this are numerous. Some are obvious such as the globalizing economy, as well as the increased deviousness of the ultra wealthy in their ability to influence public policy.
One factor I feel like we don't discuss enough is just the heightened potency and addictiveness that we are able to market and manufacture products. It's so targeted now that to me it seems that we are preying on the low income and draining them of their wealth by convincing them to spend money frivolously.
The last sentence, I think youre right. Well, not "we" I'm not, but some people are.
When politicians talk about stimulating the economy, stimulating spending, that's what they're talking about: incentivize everyone to blow their money and save nothing. Then when it's time to get elected they say things like "most people can't afford a $500 emergency without going into debt!"