#neoliberalism

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Your Margin is My Opportunity | An Idle Mind is the Devil's Workshop

That’s probably what Lyft and Uber were saying to each other as theyslashed their commissions to 0. How do you beat a company that doesn’t need to make money?

The 8 hours you need to sleep each night, are my opportunity. The time you spend with your family and friends, is my opportunity. If you’re not maxed out, if there’s still a shred of humanity left in you, then you’re just leaving your lunch on the table.

It’s kind of like motorcycle racing. If you’re not riding at the physical limits of traction, that means it is possible for someone to go faster than you. And they will. It’s a contest to see who can come the closest to crashing without actually crashing

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Unmaking Global Capitalism | Jacobin

Tax cuts were seen as the equivalent of a wage increase even when they inevitably led to cuts in the social wage, and rising stock markets were cheered because stock values determine future pension levels. Looming environmental threats were overridden by the pressures of more immediate problems. Debt dependence increased and homes became assets for future security.