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'The economy is different now': Parents pay grown-up kids' bills with retirement savings
(finance.yahoo.com)
this post was submitted on 05 Feb 2024
140 points (97.3% liked)
A Boring Dystopia
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This definitely feels like the product of late-stage capitalism. Where do you think this will end if the owning class thinks they can now rely on money from not just one person but also their family?
They don't care that you have a family. Executives commonly say things in their shareholder calls about "extracting more value" from people or something along those lines.
They don't care if it's one person or twelve, they just care that people are still buying their products, and that the revenue they gain with price gouging is higher than the revenue lost by people fucking starving and not being able to buy anymore.