Row 48906

Row ID: 48906 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 48906 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

That and all the stock buybacks should be a clear sign that this inflation is mainly just greed.

And by looking back at the 2008 financial crash, we can see what actually happens during a recession. What we saw then was massive transfers of taxpayer money the banking sector, while no new regulations where enforced. It was a massive wealth transfer from those who worked for money to those who gambled with the money those workers.

In a recession, the rich still get richer. it's just the poor that end up in an even worse position. There is a lot of socialist theory that states that this is not some side-effect but an integral part of capitalism. Simply put, recessions put workers in a desperate situation, in order to undercut the power of workers, and for them to accept more concessions from capital owners.

FieldValue
text That and all the stock buybacks should be a clear sign that this inflation is mainly just greed. And by looking back at the 2008 financial crash, we can see what actually happens during a recession. What we saw then was massive transfers of taxpayer money the banking sector, while no new regulations where enforced. It was a massive wealth transfer from those who worked for money to those who gambled with the money those workers. In a recession, the rich still get richer. it's just the poor th…
label r/politics
dataType comment
communityName r/politics
datetime 2024-05-22
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Raw Record

{
  "text": "That and all the stock buybacks should be a clear sign that this inflation is mainly just greed.\n\nAnd by looking back at the 2008 financial crash, we can see what actually happens during a recession. What we saw then was massive transfers of taxpayer money the banking sector, while no new regulations where enforced. It was a massive wealth transfer from those who worked for money to those who gambled with the money those workers. \n\nIn a recession, the rich still get richer. it's just the poor that end up in an even worse position. There is a lot of socialist theory that states that this is not some side-effect but an integral part of capitalism. Simply put, recessions put workers in a desperate situation, in order to undercut the power of workers, and for them to accept more concessions from capital owners.",
  "label": "r/politics",
  "dataType": "comment",
  "communityName": "r/politics",
  "datetime": "2024-05-22",
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Entry Information