Hacker News new | ask | show | jobs
by erikpukinskis 3331 days ago
My feeling (and I realize this is little more than a feeling) is that corporations need there to be pockets of instability, both globally and domestically, to create a baseline of anxiety which makes people afraid to challenge the status quo. This keeps wages down, prevents people from starting new businesses, discourages people from trying for for higher level positions, etc.

In other words, some light distant instability helps those in top stay there longer.

1 comments

No. Automation and a large supply of workers keeps wages low.

Businesses hate instability.

> Businesses hate instability.

Which ones? How many billions of GDP are created by arms manufacturers directly and indirectly, add to this the vast part of the economy supplying and/or supporting the military one way or the other, from washing clothes to direct semi-military support ("contractors").

So you tell me they want stability? I guess you are right - but they want it for their own growth rate and profit margins.