How Corporate Greed and Inflation Are Breaking America’s Backbone
As a social critic, I am deeply troubled by the current state of the American economy and the alarming direction it is taking. The recent surge in inflation, coupled with stagnant wages, has left many of us grappling with the harsh reality of rising costs.
However, inflation is just one piece of a larger puzzle, one that exposes a system driven by corporate greed and indifferent to the needs of ordinary citizens. The pressing question we must confront is how long this unsustainable system can persist before it collapses under the weight of its own contradictions.
Let’s start with the obvious: inflation has been hitting Americans hard. The prices of everyday essentials — food, housing, healthcare — have been climbing at a pace that hasn’t been seen in over forty years.
In its attempts to measure this phenomenon, the government relies heavily on the Consumer Price Index for All Urban Consumers (CPI-U), which tracks the prices of a “market basket” of over 200 goods and services. While this metric provides a helpful snapshot, it often obscures the deeper issues at play.
