• apt_install_coffee@lemmy.ml
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    1 year ago

    Unless China’s mode of production changes very quickly, deflation will probably be a bad thing; in a capitalist system, labour is also a commodity not immune to deflating.

    Unlike commodities though, labour tends to take exception to this happening.

    I’m not reveling in China’s issues, I just don’t want to celebrate an imaginary win just because capitalism sucks.