It’s working exactly how they intended for it to work. Money continues to go to the top as us bottom people continue to struggle.
access422 on
Well I can answer the daycare one, government regulation. The government dictates how many teachers per child, if you don’t comply you get shut down. So you have to hire a bunch of teachers, making your profit margin thin. In my case, zero, so I sold the business.
Darling_Kismet on
We are exploited by the oligarchs. End of story.
Ok_Signature_9080 on
Deans, coaches, ceo’s, and so on are responsible for this bullshit. universities have turned into sports teams with these people making millions. while the players no longer even get full ride scholarships anymore. corporations and hospitals are filled with these ivy league “in” people that only focus on squeezing everyone for all they are worth. this is the profit model. it wont stop until we kill it.
HowManyMeeses on
Private equity firms are making piles of money in all of these markets.
GaijinCarpFan on
It’s almost as if having everything be run as a business doesn’t really serve us. Maybe unchecked capitalism is a toxic influence and not in our collective best interests.
afjx2000 on
Thousands of professors living in their cars?
Thora_Blossom on
We’re being robbed. That’s it.
DDBKAHUNA on
Separate the worker from the means of production.
Parking-Relation-253 on
And so many people are blind to this…we have the numbers, people need to start paying attention and rise up
aknalag on
Capitalism baby!
Level_Medicine_2144 on
Corporate Greed!!
mypoliticalvoice on
In all of these cases, there are middlemen eating up all the cream. The insurance companies build up armies of accountants to try to deny payouts, and the care providers build up armies of administrators to squeeze the insurance companies. Same thing for educators and grants. The result is huge armies of bureaucrats fighting while the actual providers get squeezed.
_Fun_Employed_ on
Both of these industries, nursing homes and day cares, pay high insurance premiums, and are normally required to be insured. I’m not excusing, but I bring it up because it is part of the complex explanation.
Uranazzole on
Welcome to America!
Glittering-Wonder-27 on
Vote Blue if you want change. The Russian backed Republican politicians and billionaires are out to take everything they can from the American people.
RefrigeratorLeft2768 on
Tony Soprano said it best “Money runs uphill and shit runs downhill.” Or something very close to that
wagedomain on
Some of these have explanations – for daycare one reason is insurance costs in the US for programs. I don’t know why people assume it’s going to Big Daycare lol, most of these places run on razer thin margins. Facility and insurance costs is a huuuuge cost.
As for college, it doesn’t put *all* students “in debt for life”, and I’ve never heard of “thousands of professors living in their cars”. A quick google shows an article from a while ago outlining *specific stories* of individuals.
I dunno maybe I just hate when people overexaggerate things that don’t need to be exaggerated, feels like they’re trying to make their situation look worse than it is, as if they don’t trust that it’s actually as bad as they think.
imrzzz on
No-one’s mentioned which country this is about, but I’m guessing the US. What a mess.
Adventurous-Ring8211 on
Praise be thy billionaires!
BannonCirrhoticLiver on
“Profit” is a word made up to cover the stolen value of a worker’s labor.
Your boss keeps the profit when they sell the product of your labor for more than they paid you, despite you doing all the work.
Labor is entitled to all that it creates.
Ok_Understanding3278 on
This person just discovered capitalism, good work!
EVH_kit_guy on
See: healthcare costs
Thoughtapotamus on
Well, food prices are getting ridiculous again. I think the richest assholes hoarding all the resources while destroying everything on the planet should be nicely fattened by now. Grab your spoon and pitchfork!
26 Comments
It’s working exactly how they intended for it to work. Money continues to go to the top as us bottom people continue to struggle.
Well I can answer the daycare one, government regulation. The government dictates how many teachers per child, if you don’t comply you get shut down. So you have to hire a bunch of teachers, making your profit margin thin. In my case, zero, so I sold the business.
We are exploited by the oligarchs. End of story.
Deans, coaches, ceo’s, and so on are responsible for this bullshit. universities have turned into sports teams with these people making millions. while the players no longer even get full ride scholarships anymore. corporations and hospitals are filled with these ivy league “in” people that only focus on squeezing everyone for all they are worth. this is the profit model. it wont stop until we kill it.
Private equity firms are making piles of money in all of these markets.
It’s almost as if having everything be run as a business doesn’t really serve us. Maybe unchecked capitalism is a toxic influence and not in our collective best interests.
Thousands of professors living in their cars?
We’re being robbed. That’s it.
Separate the worker from the means of production.
And so many people are blind to this…we have the numbers, people need to start paying attention and rise up
Capitalism baby!
Corporate Greed!!
In all of these cases, there are middlemen eating up all the cream. The insurance companies build up armies of accountants to try to deny payouts, and the care providers build up armies of administrators to squeeze the insurance companies. Same thing for educators and grants. The result is huge armies of bureaucrats fighting while the actual providers get squeezed.
Both of these industries, nursing homes and day cares, pay high insurance premiums, and are normally required to be insured. I’m not excusing, but I bring it up because it is part of the complex explanation.
Welcome to America!
Vote Blue if you want change. The Russian backed Republican politicians and billionaires are out to take everything they can from the American people.
Tony Soprano said it best “Money runs uphill and shit runs downhill.” Or something very close to that
Some of these have explanations – for daycare one reason is insurance costs in the US for programs. I don’t know why people assume it’s going to Big Daycare lol, most of these places run on razer thin margins. Facility and insurance costs is a huuuuge cost.
As for college, it doesn’t put *all* students “in debt for life”, and I’ve never heard of “thousands of professors living in their cars”. A quick google shows an article from a while ago outlining *specific stories* of individuals.
I dunno maybe I just hate when people overexaggerate things that don’t need to be exaggerated, feels like they’re trying to make their situation look worse than it is, as if they don’t trust that it’s actually as bad as they think.
No-one’s mentioned which country this is about, but I’m guessing the US. What a mess.
Praise be thy billionaires!
“Profit” is a word made up to cover the stolen value of a worker’s labor.
Your boss keeps the profit when they sell the product of your labor for more than they paid you, despite you doing all the work.
Labor is entitled to all that it creates.
This person just discovered capitalism, good work!
See: healthcare costs
Well, food prices are getting ridiculous again. I think the richest assholes hoarding all the resources while destroying everything on the planet should be nicely fattened by now. Grab your spoon and pitchfork!
Capitalism.
r/FluentinFinance