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[–] 15 points 1 year ago (1 child)

This is why so many products seem to be geared towards affluent people. Business are going after less sales with much higher margins.

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  • [–] 5 points 1 year ago

    I've seen the term "plutonomy" (like, an economy for plutocrats) to refer to this. At this point almost all economic activity involves the rich, because the rest of us don't have enough money to amount to much.

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