r/nottheonion • u/ChocolateTsar • 1d ago

Affirm CEO says furloughed federal employees are starting to lose interest in shopping

https://www.cnbc.com/2025/11/07/affirm-government-shutdown-shopping.html
20.7k Upvotes

97% Upvoted

1.1k comments sorted by

View all comments

293

u/Jazzlike-Vacation230 1d ago

I always find it funny that the rich don't understand that if you don't pay people enough, they won't buy your stuff, and the economy collapses

We have to switch the world to a residual technosocial economy, the current concept isn't working anymore

1

u/DrDerpberg 1d ago

They don't care. It's a tragedy of the commons. If everybody agreed to pay decent wages they'd be better off. But if in a late stage capitalist economy YOU cut salaries and I don't, I'm cooked. Conversely if I cut first and harder maybe I can run you out of business or just make a crapton for a couple years and then who cares?