Maris Research

The Tyranny Nobody Talks About

Share on facebook
Share on facebook
Share on twitter
Share on linkedin

All the tricks to hide our unaffordable cost structure have reached marginal returns. Reality is about to intrude.

There is much talk of tyranny in the political realm, but little is said about the tyrannies in the economic realm, a primary one being the tyranny of high costs: high costs crush the economy from within and enslave those attempting to start enterprises or keep their businesses afloat.

Traditionally, costs are broken down into fixed costs such as rent and fees which don’t change regardless of whether business is good or bad, and operating costs such as payrolls, fuel, etc. which rise and fall with revenues.

To some degree, this division no longer matters, because the entire cost structure of our economy is tyrannically high: if rent, insurance, taxes and general overhead don’t eat you alive, then labor overhead (healthcare insurance, etc.) and other operating costs will.

The major players in the U.S. economy used four tricks to offset the ever-higher costs: globalization, financialization, reducing quality/quantity and turning the workforce into neofeudal gig economy precariats. By offshoring high-wage manufacturing to nations with lax environmental standards and enforcement, Corporate America scored a two-fer: drastically lower costs of production in both labor and

... continue reading 3rd party author's post at source website


Can't Get Enough Freebies? Subscribe to our Newsletter!

We will send you free research and analysis summarized at the end of each month.

Leave a Comment


More Articles.

Yahoo Finance

Is it time to start worrying about inflation?

As the US economy gets an infusion of ultra-easy credit and multiple rounds of big-time government spending, questions are growing about whether it’s a cocktail that will cause a big jump in inflation. While vaccines are being deployed around the world, it will be many months before they stem the Covid-19 pandemic. That’s why the

Read More »
Beth Landman

For These Urban Refugees, Country Living Isn’t Quite Second Nature

Stephanie Trunzo used to jet around America as global vice president at Oracle from her base in a 6,800-square-foot Raleigh, N.C., house. These days, she can be found watching alligators snack on seafood from the back porch of her three-bedroom, three-bathroom Daufuskie Island, S.C., home, where she retreated with her husband, Ryan Malynn, and daughter

Read More »

Get content like this sent directly to your inbox!

Follow OnceBurned

Share on facebook
Share on twitter
Share on linkedin
Scroll to Top