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The Damage to the Working Class of a Capitalist Economy
The inflation rate is more than double the average rate of ior wage increases, which means that even if you're lucky enough to be a worker who gets the average annual rate of increase roughly four % now, it still means your falling behind. E united states, more than ever in its history, depends on exporting goods and services. But since rising prices at home make life hard for american workers, rising prices, cutting off foreign buyers, mean that jobs in the united states producing exports, will be cut back. It's already happening as business is lost for American producers around the world. And finally, one more dimension. In other words, to stop buying american goods because they are