That the cost of living crisis stems from corporate greed and political corruption is a useful perspective to challenge #mainstreaming narratives. Economic hardships faced by people and communerties are not inevitable or natural, rather the result of deliberate actions by powerful agendas.

“Remember, anyone trying to blame our cost of living crisis on anything other than grotesque corporate greed & political corruption are themselves grotesquely greedy & corrupt.” (from ClimateDad)

Corporate Greed

  1. Profit Maximization: Corporations prioritize profit maximization above all else, at the expense of workers, consumers, and the environment. This drive leads to the current mess of wage suppression, price gouging, and cutting corners on safety and quality.
  2. Market Manipulation: Large corporations engage in anti-competitive practices to dominate markets, stifling competition and innovation. This leads to higher prices and reduced choices for people.
  3. Tax Evasion: By exploiting tax loopholes and offshore tax havens, corporations significantly reduce their tax burdens. This deprives governments of essential revenue needed to fund public services and infrastructure, shifting the financial burden onto ordinary people.
  4. Environmental Exploitation: Corporations engage in environmentally destructive practices to cut costs and increase profits. The long-term environmental degradation leads to increased costs for communities and governments in terms of health care, disaster relief, and restoration efforts.

Political Corruption

  1. Lobbying and Influence: Corporations and wealthy individuals use their financial resources to influence political decisions through lobbying and campaign contributions. This result in policies that favour the wealthy and powerful, rather than the general populace.
  2. Regulatory Capture: Regulatory agencies tasked with overseeing industries become dominated by the industries they are supposed to regulate. This leads to weak enforcement of laws and regulations, allowing corporate malfeasance to go unchecked.
  3. Public Policy: Corruption leads to policies that prioritize the interests of the few over the needs of the many. Examples include tax cuts for the wealthy, deregulation, and austerity measures that disproportionately affect low- and middle-income people.
  4. Lack of Accountability: Corrupt politicians and officials face little to no accountability for their actions, leading to a cycle of corruption and mismanagement that perpetuates economic inequality and social injustice.

The Combined Effect

  1. Economic Inequality: The combination of corporate greed and political corruption builds economic inequality. As wealth and power become concentrated in the hands of a few, the majority of people struggle to afford necessities like housing, healthcare, and education.
  2. Erosion of Public Services: Reduced tax revenues and public spending cuts leads to the erosion of essential public services. This affects the most vulnerable members of society, increasing their cost of living and reducing their quality of life.
  3. Social Unrest: Widespread economic hardship and injustice lead to social unrest, as people become increasingly frustrated with their inability to achieve a decent standard of living. This at best manifest in protests, strikes, and more #DIY forms of resistance.
  4. Health and Well-being: The stress and insecurity of economic hardship has severe impacts on physical and mental health, further entrenching poverty and making it difficult for people to see or act coherently.

Conclusion

Corporate greed and political corruption are the drivers of the cost of living crisis, we need to say this clearly to challenge people to look beyond surface-level explanations and examine the systemic abuse and issues on this current path. Addressing these root causes requires a fundamental change to challenge the current #deathcult worship, an effort for transparency, accountability, and fairness in both the corporate and political spheres.

Good to keep this simple, #KISS