Oddbean

Some people will tell you it's "too radical" or "too extreme" to say capitalism relies on hurting workers. But what about when a millionaire CEO says it? That's exactly what Tim Gurner said when he advocated for more unemployment and more economic pain. https://www.jphilll.com/p/when-the-rich-tell-you-who-they-are

@37aefdd6 @022a7c10 I wouldn’t expect anything else but open calls for class war from the OG avocado toast guy. https://www.theguardian.com/lifeandstyle/2017/may/15/australian-millionaire-millennials-avocado-toast-house

@37aefdd6 As Olúfẹ́mi O. Táíwò wrote, “I like teaching lefty theory as much as the next guy but I can rarely do better at explaining the connection between capital and social-political domination than just pointing at what the guys with the capital do and say.” In just one short video this millionaire CEO revealed not only that actual capitalists (not workers making $35,000 a year who dream of wealth, but the people who actually own companies) rely on making jobs scarce and on enforcing this artificial scarcity. And he made clear that they are perfectly aware of that dynamic. Normally, they don’t say it while the cameras are rolling, but we can only assume that they say all this and more behind closed doors.