The worth of everyday Americans

[applegrove]

— á‘• ᕼ á“° á—· 〇 á’ª 乇 (@chibole.bsky.social) 2025-10-11T13:50:40.652Z

[markodochartaigh]

1. Soon they won't need so many people

to work. Those people won't have money to buy products either.

In some countries those people will receive government support which still gives those poor, unemployed people some value to our oiligarchs.

But in the US we are cutting back on even our paltry government support making the poor, unemployed people only valueless eaters to our oiligarchs.

[erronis]

2. I have to wonder if their whiz-kids have factored in the loss of customers for products

into the mega-corp profits.

If there are only 10% of customers able to buy any new car, won't that have an impact on the manufacturers? Admittedly, those 10% can probably buy cars with a price of twice (or more) but the math seems strange.

People are just being totally priced out of any housing - purchase, rental - so those $s aren't flowing to the landlords and RE industry.

Hard to see the financial goals with only super-rich living on this planet.

[markodochartaigh]

4. Yes, it is like

Henry Ford paying his workers enough to buy the cars that they made, which also infuriated his fellow car manufacturers.

But some of our oiligarchs seem to want a dystopian future like Yarvin posits. Those oiligarchs surely think that they have already won phase one of the game, the one with masses of the hoi-polloi, and they want to move to phase two, where only the winners from phase one are in the game.

Edit: I think that this explains the divide among our oiligarchs. Some want the pie to keep getting bigger knowing that they will get more pie. Others just want all of the pie, NOW. Some want the goose to keep laying the golden eggs of capitalism, others want to roast the goose for one final banquet.

[erronis]

5. And it will be a blood sport all the way down. People like trump and musk, thiel, mercer, etc.

won't make it through the 2nd or 3rd round. I hope some inter-galactic eye-in-the-sky will be recording this for their Universal Library. (Thinking of Hitchhiker's Guide, etc.)

Eventually, the most intelligent life forms will rise up again.

[sop]

9. His fellow car manufacturers were so furious they sued Ford: Dodge v. Ford Motor Co., 1919, Michigan Supreme Court

"Dodge v. Ford is one (of) corporate law’s iconic decisions, regularly taught in law school and regularly cited as one of corporate law’s core shareholder primacy decisions. Ford Motor slashed its dividend in 1916 and minority stockholders—the Dodge brothers—successfully sued Ford Motor Company for a big dividend payout. Ford had justified skipping the dividend because he sought to do well for employees and America’s car buyers, with corporate profits a secondary motivation. The court largely rejected Ford’s justifications for holding back the dividend."

https://corpgov.law.harvard.edu/2021/12/01/dodge-v-ford-what-happened-and-why/

"This ruling is still taught in law schools and debated today, influencing corporate governance by creating a legal framework that can be used to justify decisions like wage suppression or offshoring, while also being debated in the context of modern corporate social responsibility and stakeholder theory...The case famously stated that the 'purpose of a corporation is to make money for its shareholders.' This principle has since been used to argue that corporate managers are legally obligated to prioritize the financial interests of stockholders over other considerations."

"The decision has had a profound, long-lasting impact on how corporate governance is understood, even if its practical application is debated. Critics argue it has been used to justify actions that harm employees and communities, while supporters point to the complexity of the original decision and the flexibility directors have in making business judgments...The ruling continues to be a central point of discussion in debates about the purpose of corporations...Some interpretations of the ruling argue it has been used to support actions that put shareholder profits ahead of worker welfare, such as wage suppression or moving jobs overseas."

[markodochartaigh]

11. Excellent link!

This should be taught in every public high school government class. I imagine that it is already taught, for different reasons, in many private high schools.

[Cha]

7. TY. I think of that a lot. nt

[Irish_Dem]

8. They may figure that they don't need us to buy their cheap crap any more.

They are already in the process of stealing all the world’s resources.

[live love laugh]

14. Their solution is to kill them. Watch.

[markodochartaigh]

15. And just to let us die off.

Between lethal wet bulb temperatures and serial cereal grain harvest failures billions will die in the coming decades.

[Uncle Joe]

3. Kicked and recommended

Thanks for the thread applegrove.

[Cha]

6. Well Said.. TY! nt

[FakeNoose]

10. They have reset the dial back to how things were BEFORE Roosevelt's New Deal

The only thing is ... they have way more money and power NOW than what they had back in 1929-30.
And they're trying to take back everything the Middle Class has gained since then.

[Wednesdays]

12. Returning us to the Gilded Age.

To the era before the OTHER Roosevelt: TR.

[Attilatheblond]

13. We are not human beings to them. We are just another 'natural resource' they mine for their own wealth & power

And they have a rather notorious history of despoiling the world to gobble up natural resources. We don't matter to them. Time to remember who has the sheer numbers and who hides in their financial fortresses that sit on shaky ground.

A landslide or two at the right points and their financial castles tumble. They will pay dearly for forgetting history and relying on generational arrogance.

[Torchlight]

16. The rich are not as important as they like to believe

The poor have more power than we realize. The GOP can't push this much farther without resulting in either a critical realignment or dramatic fracture of the social contract in a form they won't be able to contain or manage.

[Stacey Grove]

17. They're champing at the bit

to wage war against US civilians that don't agree with the MAGAt insurrection.

[cer7711]

18. This cannot go on.

I have no idea how this ends, but I suspect it won't be pleasant for any of us.
When people cannot afford food, that's when the revolution starts.
All through history.
Everywhere and always.