In the last 5 to 10 years everything seems to suck: product’s and services quality plummeted, everything from homes to cars to food became really expensive, technology stopped to help us to be something designed to f@ck with us and our money, nobody seems to be able to hold a job anymore, everyone is broke. Life seems worse in general.

Why? Did COVID made this happen? How?

  • HobbitFoot @thelemmy.club
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    11 months ago

    Yeah, but I’m trying to explain why it is happening. You’ve hit market saturation in so many companies when the only way to fuel growth now is to reduce costs.

    • Varyk@sh.itjust.works
      link
      fedilink
      arrow-up
      3
      ·
      edit-2
      11 months ago

      Cumulative generational focus on acquiring and consolidating capital explains the why comprehensively, at least in the states.

      Monopolies, market saturation, minimizing cost at all costs, poor labor compensation are all symptoms of a system focused primarily on acquiring and consolidating capital.