everyone talks about enshittification being the reason things suck but i think that's symptom of what the real problem is, which lori outlines below. i've been thinking of it as "the big squeeze"
At some point c. 2021, capitalists realized that there were no natural economic laws nor any criminal laws stopping them from demanding every last dollar that working people have. It was just a social norm that let us. e.g. save for retirement, and they finally agreed to break it.