Cost of living: Difference between revisions

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[[Socialism]], on the other hand, is able to rationally reduce the cost of living to alleviate the burden on the wage-earning proletarian class.<ref>{{News citation|journalist=Dan O'Rourke|date=2022-02-08|title=Cost of living crisis caused by capitalist chaos|url=https://www.socialistparty.ie/2022/02/cost-of-living-crisis-caused-by-capitalist-chaos/|newspaper=Socialist Party (Ireland)}}</ref><ref>{{News citation|journalist=James Kilby|date=2022-02-03|title=Cost of living crisis: Fight inflation with socialist policies!|url=https://www.socialist.net/cost-of-living-crisis-fight-inflation-with-socialist-policies.htm|newspaper=[[Socialist Appeal]]}}</ref>
[[Socialism]], on the other hand, is able to rationally reduce the cost of living to alleviate the burden on the wage-earning proletarian class.<ref>{{News citation|journalist=Dan O'Rourke|date=2022-02-08|title=Cost of living crisis caused by capitalist chaos|url=https://www.socialistparty.ie/2022/02/cost-of-living-crisis-caused-by-capitalist-chaos/|newspaper=Socialist Party (Ireland)}}</ref><ref>{{News citation|journalist=James Kilby|date=2022-02-03|title=Cost of living crisis: Fight inflation with socialist policies!|url=https://www.socialist.net/cost-of-living-crisis-fight-inflation-with-socialist-policies.htm|newspaper=[[Socialist Appeal]]}}</ref>
== See also ==
* [[Living wage]]


== References ==
== References ==
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[[Category:Stubs]]
[[Category:Stubs]]

Revision as of 19:03, 23 February 2022

Cost of living is the cost of maintaining a certain standard of living. The capitalist economic system seeks to extract as much profit out of consumers as possible, which tends to result in ever-increasing costs of living.

Socialism, on the other hand, is able to rationally reduce the cost of living to alleviate the burden on the wage-earning proletarian class.[1][2]

See also

References