u/MarsLowell - originally from r/GenZhou
I’ve been trying to come up with a more concise answer to why prices have risen, as opposed to just “it’s complicated”. Popular liberal narrative has been trying to simply reduce it to “printing more money bad” and thus something something we shouldn’t help the poors, but we know the more expansive reasoning behind it (strained supply chains, deprecating value of commodities, etc).

I suppose the question is, where can I find good “in summary” explanations from a Marxist-Leninist perspective?

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    4 years ago

    u/Anti_Terrestrialist - originally from r/GenZhou
    capitalists raise prices. it could be in response to any number of things but at the end of the day it’s a capitalist deciding to raise their prices to take advantage of some kind of perceived or real supply issue, worker demand, more money being put in the economy (stimulus checks) etc etc. they do this without real regard to how it will affect the working class.

    it’s legitimately that simple. you tell people to stop raising prices tonight, inflation ends tomorrow.