14/02/2023
Capitalism - Sarmayadari. Aakhir ho kya raha hai?
After all these years of working, this is WHAT the globally accepted rule of capitalism is. NOT against any company, bank or a group of investors. This is JUST the way IT IS:
1. People with LOTs of money and resources for investment are called capitalists.
2. They invest, setup businesses, and start hiring people on fixed salaries.
3. The services/products these businesses sell, continue increasing their prices adjusted with inflation. Salaries, on other other end, DO. NOT. INCREASE. and if they do, not in line with inflation.
4. You work your A** off for hours EVERY day only to find out that you are BARELY making your ends meet.
5. Your salary is BARELY enough to cover education fees, utility bills, rent, grocery, etc.
6. Once you RUN OUT OF funds, you look for EASY money, i.e., credit cards/personal loans
7. You start buying through credit cards thinking "khair hai, baad mein de dein g*y"
8. That "khair hai" wala attitude will cost you in interest and ADDED late fees i fyou DO NOT pay your bill within the time frame, and it will ONLY keep on increasing the further you delay.
9. You work in the same companies to earn the money, you need, to buy the SAME products these companies are selling. Examples:
Fast Moving Consumer Goods, Fuel Oil, Grocery, etc.
People working in the same companies, getting paid, and the SAME capitalists are taking the SAME amount they are handing you over, while selling you their products.
Take a quick look around you. What do you buy the most:
1. Shampoos, soaps
2. Confectionaries
3. Fuel oil
4. Medicines
5. Essential grocery items
and how do you buy it?
Credit cards!!
Get my point? This is HOW the cycle is working. And this is why there is a widening income gap the world over. And that is how the wealth keeps on transferring BACK to the wealthy despite YOU working day and night to make your ends meet :)
PS: Is se pehle gaalian nikalo, yeh cheez Pakistan mein jitni common hai, us say kaheen guna ziada, Western and European countries mein hoti hai.
"Get a credit card, pay on time, build credit score, get a mortgage, buy car on lease" is ALL a debt trap that NEVER allows you to get wealthy.
What do you think?
