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micromacrofoot 3 days ago

I think it's more insidious than the top 1%, what % of americans buy some frivolous overpriced coffee or cookie regularly? viral beverages like prime? the absurdity of ordering mcdonalds via uber eats?

income inequality is wild right now, but even lower classes are participating in some absurd sort of money grabs regularly...

the top of the market, these billion dollar companies that have perfected this sort of private equity capitalism have optimized every day luxury that can bleed anyone dry... not just the rich... wework or wish go down the tubes and it's on to the next one, founders rocket off and some unlucky investors are stuck holding the bag

every category of daily life now has some optimized extraction mechanism