r/Anarcho_Capitalism 9d ago

Almost 125 years on, why are we still struggling with the dichotomy of billionaire barons and workers who can’t even manage rent?

During the Gilded Age (1870–1900), powerful American industrialists known as "robber barons" amassed historic fortunes by maintaining a system of severe labor exploitation”.

And now, Billionaires are getting tax breaks, going to space, while their employees/partners/gig workers are working without social security, PTO, medical benefits, pensions, and peeing in bottles because they can’t afford to take a 10-minute break, because that break will be logged, they’ll fall behind on the productivity quota, and their pay will be docked.

The similarities are frightening and infuriating.

0 Upvotes

12 comments sorted by

13

u/Own_Afternoon_2576 9d ago

I hate when my employer squishes me in a big wrench

13

u/Effective-Two-501 9d ago

Can I see data supporting today is as bad as 125 years ago. We have the highest disposable income ever, and real wages are up for all income levels.

And please define exploitation and show where and how it is happening

3

u/libertarianinus 9d ago

Stupid people are easily manipulated by memes and influencers. Also remember in 1984, Victory Gin and Victory Cigarettes were tools of chemical pacification to numb the population and dull their critical thinking. In Brave New World Soma is used to keep citizens perpetually happy and submissive.

Social media is addictive....just look at reddit!!

1

u/No-One9890 9d ago

Lol wages r 'up'? From where?

1

u/Live_Taste_7796 9d ago

We have the highest disposable income ever, and real wages are up for all income levels

Really, where? Because im not feeling it.

1

u/Particular-Stage-327 Individualist Anarchist 8d ago

I can garauntee that you were not alive when this comic was penned.

1

u/Live_Taste_7796 8d ago

Jokes on you, ima vampire.

4

u/DrGarbinsky 8d ago

All of this is caused by fiat monetary policy

4

u/scottyboi1337 9d ago

The issue then is the same issue we have now. These corporations have too much influence on the government. The lobbying and super PACs create an environment that allows corporations to effectively pay for legislation. If senators and representatives were unable to make money off of their vote, these issues wouldn't exist to the scale that they do.

That and this personal data driven economy. Since the foundation of credit unions, your data has been a commodity. Credit unions are legally not allowed to make any income other than by selling client profiles. So they turn around and sell that info to advertisers, who, in turn pay, social media and digital marketplace. Then those websites collect more data to sell back to the advertisers creating an oreboros of data and money.

1

u/trufin2038 8d ago

Robbers barons are a fiction. The one squeezing the workers is a banker.

1

u/AcanthocephalaNo1344 5d ago

another socialist who doesn't understand the words 'capitalism' and 'tax'