> *the scariest thing that can happen to a capitalist system* This is nonsense. ... | Hacker News

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JumpCrisscross on Feb 15, 2023 | parent | context | favorite | on: Tell HN: DigitalOcean is doing layoffs

> the scariest thing that can happen to a capitalist system

This is nonsense. Nobody benefits from high nominal and low or negative real wage growth. Everyone does from real wage growth, including investors.

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