lagoon8622@sh.itjust.works to Showerthoughts@lemmy.worldEnglish · 1 month agoFor-profit healthcare systems are designed to extract every last pfennig from a person's estate before they die.message-squaremessage-square53linkfedilinkarrow-up1401arrow-down111file-text
arrow-up1390arrow-down1message-squareFor-profit healthcare systems are designed to extract every last pfennig from a person's estate before they die.lagoon8622@sh.itjust.works to Showerthoughts@lemmy.worldEnglish · 1 month agomessage-square53linkfedilinkfile-text
minus-squareParanoid Factoid@lemmy.worldlinkfedilinkarrow-up9·1 month agoCapital flows across borders easily, labor does not. It’s a state imposed arbitrage system where capital flows to the cheapest labor but labor cannot move to countries with the highest wages, thus ensuring a race to the bottom with labor rates.
Capital flows across borders easily, labor does not. It’s a state imposed arbitrage system where capital flows to the cheapest labor but labor cannot move to countries with the highest wages, thus ensuring a race to the bottom with labor rates.