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CIRCLE WITH A DOT

clarity@xoxo.zoneC

clarity@xoxo.zone

@clarity@xoxo.zone
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Recent Best Controversial

  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    @unruly lmao yeah that works

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    @charlesdelavalleepoussin @gbargoud "So a surgeon work's 13x as hard as a service worker on minimum wage?" this is a misnomer. of course not. the salary gap is a deep injustice that needs fixing. but they both -work-. unlike someone who collects a nice sum just from the money sitting in their stocks.

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    @ianrogers yeah class traitorship is very common among high-earners and is a serious problem that need addressing

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    @charlesdelavalleepoussin an important thing here is that, in many of these high-earning industries, you will be pushed out of your career by complex social factors if you don't demonstrate that you "fit" the culture, and demonstrating that fit is -expensive-. It's an induced demand phenomenon: spend grows to meet available income and you'll be treated as a pity case (and denied promotions/opportunities) if you're leaving below those expected means.

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    @charlesdelavalleepoussin per this article https://yourbrainonmoney.substack.com/p/i-make-good-money-why-do-i-still

    "41% of households earning $300K to $500K are living paycheck to paycheck."

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    @lritter the number of boosts on this post indicate that mastodon is not beating the "social media for software engineers" allegations

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    @lanodan "rent-seekers" is a somewhat less poisoned word in the discourse

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    @apophis yup!

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    @icedquinn yeah "rent-seekers" is a very useful term

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    And noteworthily: a NYT opinions journalist who earns a $120k salary and another $200k on their investments and tenant rent absolutely _is_ part of the capitalist class and rich, even though their income is lower than the hypothetical surgeon's!

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    @apophis yeah exactly

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    a surgeon earning $400k with few investments living paycheck-to-paycheck (very possible if they have a sick parent with high healthcare costs or high childcare prices) has more in common with a food service worker than with Jeff Bezos, but the system is designed to make both workers forget that.

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  • Your regular reminder that "the rich" aren't people who earn large paychecks.
    clarity@xoxo.zoneC clarity@xoxo.zone

    Your regular reminder that "the rich" aren't people who earn large paychecks. They are people with capital that generates returns: investments, property, company shares. "High income earners" are not an intrinsic enemy of "the working class" – many of them are a member of it!

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