Late stage capitalism is a Myth. Its a myth perpetuated by socialists, communists, and marxists - in the hopes that repeating such a notion will bring it into being. Its a near universally known economic principle that faith in the economy is key to driving strong economic growth - and a lack of faith can kill the markets. People pulling money out of the stock market and withdrawing all they have from the bank, then leads to an economic depression, which ...
Since 2001 the company I work for has been laying people off (I didn't work for them then, I was a contractor with a team of employees. I sold the contract and secured employment at the company for my team after the second round of layoffs. So far we're all still here). We haven't gone one month since the first layoffs without hearing about another round somewhere in the company. This year, in our area alone, there have been two layoffs, this last one got about 7% of the people ...
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