this post was submitted on 20 Jun 2024
26 points (100.0% liked)

Politics

10180 readers
97 users here now

In-depth political discussion from around the world; if it's a political happening, you can post it here.


Guidelines for submissions:

These guidelines will be enforced on a know-it-when-I-see-it basis.


Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Kwakigra@beehaw.org 20 points 4 months ago

The GDP is completely irrelevant to the vast majority of people. The difference between perception of economic barometers like this one is that people used to have more faith in capitalism and it has become so painfully clear that this faith is unwarranted. In the past, people in desperate financial situations could easily delude themselves that they were temporarily embarassed while everyone else in the same situation was probably just lazy. Now people are starting to realize the system is causing it and are much less willing to eat the table scraps thrown to them during times of "economic prosperity."