The real problem I see all the time is people keep cutting this story short, the rest goes:
Workers: oh fuck no, I'm out, see ya.
Capital: wait, not like that. Please. What do you want? We can talk. Please ... please come back.
Weird to me that last bit gets left off, especially in subs like Socialism and Work Reform.
Don't forget how the story ends.
Edit: everyone commentong below about how the story can't go this way is a reason solidarity and unity are so hard. Capital wants very badly for workers to forget that workers are where the power is..Keep telling youself all the reasons you don't matter if you want, but not everyone believes their bullshit.
Deflation is really really bad. On a societal level, if people expect prices to fall, they will withhold spending today in favour of tomorrow. This decreases demand, decreasing prices, accelerating deflation until collapse.
The real problem I see all the time is people keep cutting this story short, the rest goes:
Workers: oh fuck no, I'm out, see ya.
Capital: wait, not like that. Please. What do you want? We can talk. Please ... please come back.
Weird to me that last bit gets left off, especially in subs like Socialism and Work Reform.
Don't forget how the story ends.
Edit: everyone commentong below about how the story can't go this way is a reason solidarity and unity are so hard. Capital wants very badly for workers to forget that workers are where the power is..Keep telling youself all the reasons you don't matter if you want, but not everyone believes their bullshit.
There's one before that too:
Workers: well at least prices will go down in aggregate, so our dollars will be worth more due to deflation
Deflation is really really bad. On a societal level, if people expect prices to fall, they will withhold spending today in favour of tomorrow. This decreases demand, decreasing prices, accelerating deflation until collapse.