this post was submitted on 26 Dec 2025
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When the media say the middle class is in decline, they're technically right—because people are getting richer.

https://reason.com/2025/12/24/why-college-students-prefer-socialism-and-why-theyre-wrong/

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[–] riskable@programming.dev 2 points 1 month ago (1 children)

Article from someone who doesn't know the difference between communism and socialism (which actually doesn't have a universally accepted definition).

I'd love to hear this guy's take on how to deal with Baumol's Cost Disease:

https://en.wikipedia.org/wiki/Baumol_effect

Capitalism has no solution for it, but socialism does. It's almost as if capitalism is good for some things and socialism is good for other things! Then there's democratic socialism which chooses to use both economic systems, choosing the most appropriate one for any given thing.

[–] HubertManne@piefed.social 1 points 4 weeks ago

to be fair the communisits often insist socialism is communism to.

[–] 6nk06@sh.itjust.works 1 points 1 month ago (1 children)

people are getting richer

I guess I'm not a human being then.

[–] HubertManne@piefed.social 1 points 4 weeks ago

while I am, of course, from earth. I too do not seem to meet the definition of people in the us.