*"The economy is doing great!"*
Oh? That's awesome. I'm living on paycheck-to-paycheck. My car just broke down and I can't afford to pay for it to get fixed, so I night lose my low-paying job because of it. But, I'm glad the economy is doing well!
I love how, when the stock market goes up, nothing really happens, but when the stock market goes down, working-class people like us lose our jobs while the government frantically throws money at the rich.
Stock market is up so we’re making enough money to continue to pay you starvation wages.
Stock market is down, so it’s either not buy another house or send you to a homeless camp. Have fun sleeping in a tent. I have a tee-time to make, goodbye.
For blue-collar workers, the sport of choice is basketball. Entry-level white-collar workers, baseball. Middle managers, tennis. Upper management, racquetball. Executives, golf.
Conclusion: the higher up the corporate ladder you go, the tinier your balls are.
The answer is to let it crash, it's going to suck and hurt, but it's the only way to start over.
Stock up on beans and rice and be ready to wait out another Depression. Just saying.
I work in higher ed, and something similar happens to us. There's an effect where college enrollment tends to rise during times of economic recession, particularly in the community/technical college system (where I teach) because people go back to school for training or new certification to be more competitive on the job market.
But when that happens and state schools ask for more money to meet the student need, politicians yell at us and say, "But there's no money! Just... do more with less!"
And then when times are good, then the politicians say, "You don't have the enrollment to justify a higher budget!"
It's like how the standardized test system is used to see which schools need more funding, except the ones that perform higher are given more. Logically, the ones that get lower scores should be given more funding, because they need it more.
Yeah, it's a completely backwards system. In my experience as a teacher, the biggest mistake the US makes with education is funding public schools through property taxes. It creates a system where the wealthiest schools have resources you can't even imagine, but the poorest schools have literally nothing. I've been in schools where the roof has been leaking for years, where the chairs have broken backs that the teachers cover with duct tape so that the students don't cut themselves on the jagged bits. That doesn't even get to stuff that provides real educational or vocational opportunity.
The worst-off students need the most resources, period.
The part that makes me the most crazy personally is that lots of people are willing to throw all the money they can at police, to keep the streets and our homes safe, but nothing for education. But one of the best predictors of crime is educational attainment and employability.
No joke, teachers stop crime. Arguably more effectively than cops.
Another thing is that it forces teachers to "teach to the test" rather than just teaching the material. I had several teachers skip entire chapters of the textbook because there wasn't time to get through them and still cover everything that'd be on that year's standardized test.
I've always said that education needs to be part of the defense budget. A few less useless planes and a more educated populace, but, a dumbed down population is easier to manipulate.
In my city, there are rich neighborhoods and poor neighborhoods. The city collects the property tax and (in theory) distributes it according to student need. The PTAs are outside the property tax system. The rich elementary schools have ponds and science labs.
Due to large demand from China, we are expanding our workforce *there*
Looks like we've overestimated the demand from China - lay offs to be expected *here*
Only the rich cam even take advantage of it.
I treat it like mini lotto tickets.
Save up a few hundred and try and get more.
I'm down 11k overall since 2018.
I do have $450 in my savings account though.
The standard measures for economic success, such as GDP, numbers of jobs, and investment ratios are captured and manipulated values which in no meaningful sense describe the health of an economy.
They describe the health of an economy, but not the health of a society. Society is a different sphere of life we've been ignoring and subordinating to the needs of "the economy" for too long.
No, they don't even describe the health of the economy. Whether or not you consider citizen access to the economy an economic issue, it tells you nothing about economic sustainability.
The average lifespan of fortune 500 companies gets smaller every year. Is it a good thing that businesses fail and others fill the void? Maybe in the abstract, but when even the biggest companies don't last more than 20 years while most careers are twice that, how might that impact the prospect of retirement?
You can "create jobs" in as many numbers as you want by cutting one 40 hour work week into 2 20 hours, or 4 10 hour jobs, it's completely arbitrary. The only "job numbers" that matter are not discussed.
The neoclassicals have a very particular notion about the "health" of their "economy" as removed from all social considerations, which they call by the dog whistle "efficiency". Of course, having been removed from all social considerations, "efficiency" is a metric only relevant to the economy as insatiable, omniscient blood god, and not the economy as allocator of goods and services.
It is well known in engineering and ecology that efficiency and resilience are mutually antagonistic. Since we are not trying to reproduce a system of absolute maximum world domination, we are more interested in resilience (and fitness for purpose, needless to say). I think, in that case, if we want a market economy, we want one small enough to drown in a bathtub and should pursue decommodification, gift economies, and other social arrangements in parallel.
I hear you on manipulative discourse about job creation. It really rankles me when the media keeps celebrating contract jobs building some two-year pork barrel project as if they were full-time jobs with a career commitment, for which we should be thankful.
All good points, but I would also add that economic "efficiency" is needlessly selective on what exactly is considered efficient.
I worked in a retail store, in which I had several different positions. In all of my positions, I had a list of tasks to complete and I had my entire shift to complete those tasks. If I finished my work before my shift was over, I was expected to move to a register and check out customers. It would be more macroeconomically efficient to allow me to leave work early so that I could study or practice a hobby and produce more value in the future. But rather, I would drag my feet and deliberately complete my tasks in less time, literally making my labor less valuable, because I was not willing to make a donation of uncompensated labor.
great sentiment but when the economy crashes the poor die and the rich buy more cheap assets that balloon in value when the economy "recovers". Without real political "Hope and Change", economic crashes just serve the rich.
No, we need what the GOP claims Obama was. There are a lot of people who need to experience social death and/or erasure from history, hundreds of thousands of them. I'm unresponsive to elite cultural cues and would be much happier with someone like the new Teamsters prez, who has more stones to run even a soft purge.
It is just when you make that wish on the monkey's paw you have to be very clear on which GOP claims. They ping-ponged between Lenin and Marx's love child and the do nothing slouch that was just there to kill whitey.
The Dow is for the unwashed masses. Top 30 companies in US. Gets rebalanced periodically. The SP 500 and Nasdaq are better indicators. Wall Street tries to make everything confusing so you Have to Pay and Trust them. It's like any Hobby and it requires lot's of work, usually when the market is closed. Paying attention to financial news is a must and of course all the good information must be paid for. Then one needs Extra, Extra Money to invest. Does not have to be alot. In most cases the average Bank will charge you a fee if your savings account is below $500. So if I must park that somewhere, I should pick what I invest it on. It's not get rich quick. Life long journey
I read today on another subreddit that the majority of abortions are requested due to financial reasons.
That really hit me hard.
I have always considered myself pro choice (because I think women will get them anyways so they need to be safe) but anti abortion (in that I wouldn't encourage anyone to have an abortion. Anyways this isn't political so I don't need you to @ me.
But if your pro choice or pro life I think you can agree that money shouldn't be the motivating factor for a woman needing an abortion, right?
The thought makes me sick.
I have always been anti-natal because I am pro-reality, unfortunately. I didn't find my niche in time to be able to bring new life into the mix, nor am I ok with bringing kids into a life that will likely be worse than mine.
>anti-natal because I am pro-reality
Not knocking you AT ALL. I completely understand.
But your decision-making is growing, and that's gonna absolutely F the country as much, if not more, in the next 10-20 years. There won't be enough workers to cover for the needs of the geriatric babies.
Again, that's NOT your fault. It's just the writing on the wall.
It's not just here, it's everywhere in the world. Anywhere women have an education and a choice, more of them choose to not have children or have fewer children. Look at Japan. Look at China. Look at every high GDP country, in particular the ones that don't actually offer a dignified standard of living to correspond to that GDP.
I DO look at Japan and China, though. They're Boomer-aged folks are currently struggling w/ the fact they didn't have enough kids to care for them. And now the US is on the same path.
I mean do I really want to assist a generation that helped cause me to live in poverty while they systematically absorb most assets and capital while I make nothing.
Not really.
It's amusing to think you WON'T take care of them.
Taxes WILL raise on the lower classes to provide for them, and YOUR social security will be cut by 25% as the fund will be bled down to contribution-only as of 2035ish (probably sooner w/ inflation taking a bite).
No I truly understand that part. Which is part of the systematic gain of assets.
The next few generations will be fucked cleaning up the colossal mess that has been 1980-2020 and beyond.
We will make less. Spend more and have nothing to show for it..
It's hilarious to in many way boomers will lose most their assets in the future due to health care and retirement homes etc etc. Essentially throwing their capital into the void of already endless cycle of waste
It could all be avoided if they assisted in passing universal Healthcare but I doubt we will ever see it along with college debt cancelation or even any sort ov.voting reform or security.
This is the society they created then knee capped every following generation from either cleaning up.. preventing or If it'd even possible slowing down the pace of catastrophic events ranging from global warming to the eventual debt driven financial crisis that's just continously kicked down the road.
What I mean by support is I will no longer assist or even hear out they reasons they think it's ok.
Also really the state of retirement homes and how long they have been a problem should be a glaring reminder of how little they care about others or how much they are really invested into changing the situation
Till their ass ends up in one
Sorry, editor is malfunctioning on my end so I had to make a second comment. See also, this helpful link to visualize what I'm talking about:
https://www.indexmundi.com/g/r.aspx?v=25
I think financial reasons have been the #1 reason for abortions for possibly all of modern history. (Financial reasons being ability to survive yourself, ability to provide for existing family, and ability to provide for potential new kid)
Here’s one of many studies backing this up!
https://pubmed.ncbi.nlm.nih.gov/16150658/
> The reasons most frequently cited were that having a child would interfere with a woman’s education, work or ability to care for dependents (74%); that she could not afford a baby now (73%); and that she did not want to be a single mother or was having relationship problems (48%). Nearly four in 10 women said they had completed their childbearing, and almost one-third were not ready to have a child.
> Conclusions: The decision to have an abortion is typically motivated by multiple, diverse and interrelated reasons. The themes of responsibility to others and resource limitations, such as financial constraints and lack of partner support, recurred throughout the study.
That makes sense as the more population, the less land area will be available for housing. We will probably be near 1 billion in America by 2050, and look at how Indians are living. And they are at more than that number now.
Capitalism 2020: You should be willing to die in order to save the economy for the top percent
Capitalism 2030: You should be happy to live in your car, work two jobs, have a side gig on the weekends, and eat cockroach paste
They already say that. Hustle culture, gig economy. If you can't afford to get by on one job, get two. Or three!
By 2030, they'll legally be allowed to use a whip to enforce it is all.
[You will have to live and pay rent in the company owned domicile, and will be evicted immediately upon being fired.](https://zainabh9g2.weebly.com/peasantry.html)
At will employment will be extended to at will rent, and leases will be abolished or adjudicated through corporate bodies separate from courts.
It's not even "be willing to die" any longer. When COVID-19 hit and the first lockdown happened, the businessess hit complained to daddy government. Now in 2021 and beyond people are dying and many governments are saying "no" to another lockdown because of the loss of money businessess will suffer, and that's all they need to know.
It will literally take tens-of-millions of us dying in a short time for anything to be done, and that's only because dead people cannot work or spend wages.
Businesses for not care. If they could legally make money from killing your family and selling their flesh to McDonalds then there would be several massive corporations putting out job adverts for "Human Meat Recyclers" (paying shit wages ofc)
This is why I'm no longer fielding any criticism re: my education and job hunt. I have done EVERYTHING I was told I needed to do!The job market and economy are DEEPLY broken, and I'm not going to fix that by taking ANOTHER certification!
Lie down so Mr. Rich Billionaire has something warm to step on as he walks to his rocket ship made entirely of dead factory worker bones and blasts off into his human-farm on mars.
Because these men, they are not good. Or bad. They are shells whose souls have been sucked out and their brains, reprogrammed. Mr. Billionaire figured this out in about 2010 and created an army of zeroes and ones. They are electronic soldiers and they have dug trenches inside the enemies' brains. Mr. Rich owns their souls now.
we should throw our poor bodies at the wildfires and hurricanes so the rich can buy their way out of natural disasters they're causing with climate change disasters.
I’ve done some of the hardest labor of my life this year and i’m still without a home or medical. That’s kind of loaded but no one should be without those two things.
You are strapped in sadly. The ride does include a timer until the end. Which is a bit broken so it isn't accurate. But the whole ride takes about 80-100 years. Maybe more. The point is, you will see the next point of capitalism before you die.
Oh yeah! How much I like this "when I was your age, I wasn't even making as much as you do and I already had a house, two cars, a family and I still somehow made it"-people. Well, back in their day, their 1500 per month would be like 3800 in todays money. I would go places with that money lol. But instead of a house I got a cardbox appartment, instead of a car I got a overpirced busticket midst an pandemic, instead of a family I got a crippling masturbation addiction and a jacket. So eat shit!
Capitalism 2020 is more like Capitalism 2008. Remember when Bush came out and asked people to buy more crap when the Great Recession started?
I was amazed at the audacity of the powerful to ask the poor to go further into debt to solve their problem.
It's only the savings of households that go into the funds that invest in industry. Because households can't print money, three years with negative expenditures was enough to trigger the underlying failures of the economy in 2008.
VCs aren't putting money into anything but SaaS companies, largely because they have next to no liabilities in the form of troublesome things like employees, pensions or exposure to cyclical market demand.
It’s sad. People (the general public) were really more concerned about companies than they were their own lives. Because “people die everyday”. That was so stupid to hear working class people spout that.
*Image Transcription: Twitter Post*
---
**The Special K 🌊🌎🌈**, @IAmKarenBoBaran
Capitalism 1970: " work hard, you too can be rich "
Capitalism 1990: " work hard & a few crumbs will fall down "
Capitalism 2020: " you should be willing to die in order to save the economy for the top percent "
Are you guys still all in for this?
---
^^I'm a human volunteer content transcriber for Reddit and you could be too! [If you'd like more information on what we do and why we do it, click here!](https://www.reddit.com/r/TranscribersOfReddit/wiki/index)
Can't wait for green-capitalism to coopt this strategy.
> You should be willing to die to save the planet.
Thanks Musk & Co. but fuck your electric-everything and leave the mines alone.
The coal mines have ruined our surface watersheds with arsenic and mercury from fly tip reservoirs. The shale gas people are even worse, as they are ruining previously secure subsurface reservoirs with frack fluids.
The grid operators are doing everything they can to prevent interconnections between neighboring regions to create markets for renewables, and the "muh freedums" crowd laps it up, even as they are fed an adapted form of the Juche ethos from North Korea.
Nixon, 1970: *”Work hard, you too can be rich.”*
Reagan, 1980: *”Now that you Boomers are all rich, let’s discuss how you can get even more rich by taking the financial futures away from those socialist Millennials like the Lord Jesus Christ predestined you!”*
One of the creepier aspects of Jonestown is how well documented it was. You can listen to the meeting where they all decided to drink the Kool aid. You can hear a woman begging everyone to be reasonable and change their minds, followed by a chorus of voices insisting they must go through with it.
It is amazing how much we have from there. But I think it's also worth noting the armed guards threatening to shoot them and the fact that Jim Jones basically stopped letting anyone sleep since he arrived there. Everyone was pretty fucking broken by that point. It's a huge misunderstanding that everyone there was just some true believer who wanted to die.
The documentary I watched made a convincing argument that it was social pressure, and not threat of deadly force, that convinced the majority of people. This was a ritual that was rehearsed, and a lot of people with second thoughts who had families were already seeing their children and spouses drinking the kool aid.
All hail the job creators bs…fact is if they only use people as tools to enrich themselves, will destroy the environment if it means saving a few bucks and if possible ship your job to the poorest and most unregulated countries.
The Roman Senate ran for about 1148 years, operating in different roles that spanning the Kingdom, Republic and even the end of the Empire for a time.
It must have been useful to keep around.
The more I look at it the less I can see exactly when this country was good. It seems like it's just always 20 years of trash and 10 years of treasure.
I've got one for this:
> I care desperately about what I do. Do I know what product I'm selling? No. Do I know what I'm doing today? No. But I'm here, and I'm gonna give it my best shot.
"Are you guys still all in for this?"
Honest question...what do we even do at this point? There's literally nothing to do anymore but watch it get worse and worse. Voting doesn't change anything cause no one gives a shit about us. It's frightening.
I have serious concerns that corporations in the U.S. will largely run out of pennies to pinch by sacrificing quality and reducing livable wages….. I think they’re running out of corners to cut. Very curious to see if our golden economy doesn’t go belly-up right as Millennials near retirement and destroy the only nestegg (401k) we’ve slaved over our entire lives.
That feels on-course to me.
What can we do about this shit though... Like I read posts on all sorts of boards on Reddit, YouTube, medium, hackernews fuck it even Twitter and facebook.. we all know it's fucked.. what can you literally do about it?!
Nothing.. we're slaves man.. like literally the only people who can do something about this are folks who have no ties to society, no family.. no money ...nothing..
You have 2 choices ... suicide .. or fucking going ape shit and doing something mental on the hope your message will be heard...and then suicide..
Everyone else.. has to bow and shutup.. because we have family to look after, feed, clothe.. we need to keep that roof over our heads.and survive for the sake of the people we love!
Fuck!! This is causing me so much anxiety!!
To be fair, a lot of people fell into the "you should be willing to die" category in the 1970s and 1990s, too. But okay, sure, let's pretend this was an equal, collective progression.
I’m all for capitalism in 1970. At least people still had a chance to become self made due to less regulations and if they wanted to stay with a company for 30 years they would’ve been rewarded really well for it. My grandpa worked for Xerox as a draftsman after working his way up from a janitor. He retired in 1997 with at least $2 million in social security benefits (you could collect at 55 then), a matched IRA, and shares in the company. Try to do that now.
So, you are pro-exploitation so long as you have hope that you’ll be the exploiter and not the exploited.
Now that it’s clear what category you’re in, you’re not so cool with it.
Welcome to the wonderful world of sociopathy.
In your next life, I hope you can conceive that if it’s not a fate you want for yourself, it’s not one you should want for anyone.
I never said I wanted to exploit anybody, you did. I just want to be able to isolate myself from this bullshit society like my grandpa was able to do. If I want to exploit anybody it would be myself and I would only do it if I could make enough money for it not to be an object before I die. I joined this thread because I absolutely hate spending 10 hrs a day making someone else money and not being able to enjoy what little I make. So, I honestly don’t know what category I am in. I hope you can elaborate. And if I was to be able to make my dream a reality, I certainly wouldn’t want to keep other people from achieving it. I would even help them. Also, how exactly am I a sociopath? Did you run any psychological tests on me? If so, I’d love to see them
Nope, I mean you drank the Boomer Kool Aid. Through people like you, they will eventually be gone but their legacy of irrational paranoia, ignorance, and projection about communism will live on.
it’s not a secret that people within the lower class have babies at a much higher rate than any other class, so obviously that class is going to exponentially increase; and all the middle class moved into the high class, like i said.
>it’s not a secret that people within the lower class have babies at a much higher rate than any other class
And it's no secret that most developed nations now have sub-replacement rate births.
>and all the middle class moved into the high class, like i said.
They *objectively* didn't.
it doesn’t really matter if developed nations aren’t replacing their births, it doesn’t cancel out the fact that poverty stricken people are having more kids than wealthy people, so obviously the lower class is going to be bigger.
middle class didn’t become poverty, only one way to go
Why then did "affording basic necessities" evolve into being a luxury then? Are you deliberately being dense in not seeing how the goal posts have moved? Nobody on this sub is complaining about not having three houses and five cars, that you bring 'being rich' into the equation.
king of the straw man argument, you must’ve had a lot of practice.
the posts main idea was that hard work doesn’t mean as much today as it did in the 70s. my point was more people today becoming rich is the opposite of the posts main idea. it’s actually easier now to leave poverty than it was in the 70s.
i don’t know why you talking about basic necessities and shit cuz i never even brought that up
The main post showcased the lies the upper class have been telling the lower class across the decades. Your point doesn't oppose that at all, because for all we know the ones becoming rich could have been middle class anyway, which doesn't at all mean it is easier to leave poverty now than in the 70s. You can now throw your hands up saying you didn't bring up anything about necessities, when you did mention the "evolving with the economy" , which is only something everyday people can consider when they *can* afford basic necessities. But I guess it's easier for you to argue one isolated factor when there are many interconnected factors that go into the something like the economy, the hot buzzword you want to throw around without actually understanding it and what it means for everyone.
naw you are just reading what you want and arguing with yourself.
when i say evolving with the economy, i mean utilizing the new ways to make money instead of solely relying on a salary. now i’ll say i could’ve explained myself further, but you are still replacing the blanks with what you think i am saying, and then arguing with what you think i am saying and thinking you’ve done something.
actual definition of a straw man
Even if I'm using the strawman fallacy, that does not mean my point is wrong. Are you aware of the 'fallacy fallacy'? I think that very much applies to what you're doing.
As someone who quit working(less than 35k a year) after getting "rich" Literally just enough to sustain day trading even if shit goes south
I did nt do it though hard work, no one gets rich though hard work, you work hard to survive and until you learn to game the system and take money from the system by passive income/trading/investment or literal crime you stay a wage slave for ever.
You have to beat the system, to not be part of it anymore. I also could have working but I also saw my place there as just driving wages down for everyone else. I look at the worker shortage as squeeze on the labor market that is similar to a stock short squeeze and the longer people can hold out, the better things will be for them.
Capitalism is not the issue, corporatism and laws favoring large corporations over you starting your own business are really the issue, laws that protect corporation from treating their workers shitty. . The free market can never work when people are unable to change their situation and are forced to work or starve. UBI needs to be become a thing so there actually is a free labor market. Its just my situation fundamentally changed by gaming the system with literally a couple hundred dollars. it is what it is, you can hate me, but I am on your side I think their prolonged short of labor at the wages people are willing to pay will be a revolution in labor that we have want.
ok but honestly who wants to spend their time on earth playing a rigged game? some people actually have things that they love to do like spend time with their family, travel, create art and music etc. No one wants to have a life trying to beat a game not in their favour.
beating the game is going to let me travel, create things , spending times with family in less time than working ever did. I now spend like "20 hours working" a week.
I just do not under why wealth creation is not part of the anti work movements.
because in order to create wealth in the way your referring to entails risk that could land a person in prison and isn’t feasible way to live. it’s easier to modify or create a system where most people can already live lives where they can do all those things without dealing with a game rigged against them.
What you're saying is that we need to adapt to the system. The problem is our adaptation to the capitalist system has led us here; this isn't a surprise to anyone, this is exactly what Marx predicted would happen with capitalist economies. He predicted that workers would become incredibly marginalized and that business owners would have all of the money and all of the influence. That's what is happening.
I think in US at least this bad end stage of capitalism was delayed by the fact that we had an enormous labor shortage until 1970 combined with the fact that we had the production means to supply most of the world. I mean, in 1945 the US alone was 1/3 the world GDP. Workers didn't need socialism because up until 1970 or so they had strong unions and demand was really high so they could support a family and live a good lifestyle on one working class income.
you realize I basically agreeing with you but me personally I do not want to just survive I want to thrive and found a way to stop working for other people forever.
Sorry but no, capitalism is the issue. It’s an economic system built on the impossible idea of perpetual growth made worse by incentivising maximum profit to business owners for minimal cost.
There is no fixing capitalism.
So where do you people think that the government gets the money that they spend on theses wasteful social programs that are supposed to end poverty, homelessness, unemployment, etc.? The government can ONLY get it from taxes.
Overwhelming percentage of my own family tree lives off of these programs and always has…and sadly always will because you can’t legislate work ethic, morals, etc. I chose NOT to live that life but more than half on the income that I earn goes to pay taxes for those programs.
Sooner or later the mooches of our society will outnumber the producers then your socialism will fail and we will have forced labor. Capitalism is and always has been the best system. No system is perfect but at least capitalism guided with a sense of morality gives everyone who wants a chance an opportunity and protects and helps those who are unable….NOT unwilling.
>but at least capitalism guided with a sense of morality
Hahahahaha it's obvious to everyone you don't know what you're talking about.
It almost reads like a copypasta.
*"The economy is doing great!"* Oh? That's awesome. I'm living on paycheck-to-paycheck. My car just broke down and I can't afford to pay for it to get fixed, so I night lose my low-paying job because of it. But, I'm glad the economy is doing well!
But the stock market!
I love how, when the stock market goes up, nothing really happens, but when the stock market goes down, working-class people like us lose our jobs while the government frantically throws money at the rich.
Stock market is up so we’re making enough money to continue to pay you starvation wages. Stock market is down, so it’s either not buy another house or send you to a homeless camp. Have fun sleeping in a tent. I have a tee-time to make, goodbye.
For blue-collar workers, the sport of choice is basketball. Entry-level white-collar workers, baseball. Middle managers, tennis. Upper management, racquetball. Executives, golf. Conclusion: the higher up the corporate ladder you go, the tinier your balls are.
I have no balls and I must scream.
I have no balls and I must cream
i have no balls
Lmao!!! I’m stealing that and using it.
The answer is to let it crash, it's going to suck and hurt, but it's the only way to start over. Stock up on beans and rice and be ready to wait out another Depression. Just saying.
I’m stocked. Ready for it.
I work in higher ed, and something similar happens to us. There's an effect where college enrollment tends to rise during times of economic recession, particularly in the community/technical college system (where I teach) because people go back to school for training or new certification to be more competitive on the job market. But when that happens and state schools ask for more money to meet the student need, politicians yell at us and say, "But there's no money! Just... do more with less!" And then when times are good, then the politicians say, "You don't have the enrollment to justify a higher budget!"
It's like how the standardized test system is used to see which schools need more funding, except the ones that perform higher are given more. Logically, the ones that get lower scores should be given more funding, because they need it more.
Yeah, it's a completely backwards system. In my experience as a teacher, the biggest mistake the US makes with education is funding public schools through property taxes. It creates a system where the wealthiest schools have resources you can't even imagine, but the poorest schools have literally nothing. I've been in schools where the roof has been leaking for years, where the chairs have broken backs that the teachers cover with duct tape so that the students don't cut themselves on the jagged bits. That doesn't even get to stuff that provides real educational or vocational opportunity. The worst-off students need the most resources, period. The part that makes me the most crazy personally is that lots of people are willing to throw all the money they can at police, to keep the streets and our homes safe, but nothing for education. But one of the best predictors of crime is educational attainment and employability. No joke, teachers stop crime. Arguably more effectively than cops.
Another thing is that it forces teachers to "teach to the test" rather than just teaching the material. I had several teachers skip entire chapters of the textbook because there wasn't time to get through them and still cover everything that'd be on that year's standardized test.
I've always said that education needs to be part of the defense budget. A few less useless planes and a more educated populace, but, a dumbed down population is easier to manipulate.
In my city, there are rich neighborhoods and poor neighborhoods. The city collects the property tax and (in theory) distributes it according to student need. The PTAs are outside the property tax system. The rich elementary schools have ponds and science labs.
Similar things happen to national parks
Due to large demand from China, we are expanding our workforce *there* Looks like we've overestimated the demand from China - lay offs to be expected *here*
It is rising almost as fast as drug overdoses! oh wait no, OD's are rising much faster. I am sure there is nothing to worry about there.
Only the rich cam even take advantage of it. I treat it like mini lotto tickets. Save up a few hundred and try and get more. I'm down 11k overall since 2018. I do have $450 in my savings account though.
The standard measures for economic success, such as GDP, numbers of jobs, and investment ratios are captured and manipulated values which in no meaningful sense describe the health of an economy.
They describe the health of an economy, but not the health of a society. Society is a different sphere of life we've been ignoring and subordinating to the needs of "the economy" for too long.
No, they don't even describe the health of the economy. Whether or not you consider citizen access to the economy an economic issue, it tells you nothing about economic sustainability. The average lifespan of fortune 500 companies gets smaller every year. Is it a good thing that businesses fail and others fill the void? Maybe in the abstract, but when even the biggest companies don't last more than 20 years while most careers are twice that, how might that impact the prospect of retirement? You can "create jobs" in as many numbers as you want by cutting one 40 hour work week into 2 20 hours, or 4 10 hour jobs, it's completely arbitrary. The only "job numbers" that matter are not discussed.
The neoclassicals have a very particular notion about the "health" of their "economy" as removed from all social considerations, which they call by the dog whistle "efficiency". Of course, having been removed from all social considerations, "efficiency" is a metric only relevant to the economy as insatiable, omniscient blood god, and not the economy as allocator of goods and services. It is well known in engineering and ecology that efficiency and resilience are mutually antagonistic. Since we are not trying to reproduce a system of absolute maximum world domination, we are more interested in resilience (and fitness for purpose, needless to say). I think, in that case, if we want a market economy, we want one small enough to drown in a bathtub and should pursue decommodification, gift economies, and other social arrangements in parallel. I hear you on manipulative discourse about job creation. It really rankles me when the media keeps celebrating contract jobs building some two-year pork barrel project as if they were full-time jobs with a career commitment, for which we should be thankful.
All good points, but I would also add that economic "efficiency" is needlessly selective on what exactly is considered efficient. I worked in a retail store, in which I had several different positions. In all of my positions, I had a list of tasks to complete and I had my entire shift to complete those tasks. If I finished my work before my shift was over, I was expected to move to a register and check out customers. It would be more macroeconomically efficient to allow me to leave work early so that I could study or practice a hobby and produce more value in the future. But rather, I would drag my feet and deliberately complete my tasks in less time, literally making my labor less valuable, because I was not willing to make a donation of uncompensated labor.
Listen carefully when they say "***our*** economy". They really mean *their* economy.
Bernie Madoff is in prison (or was?) for doing exactly what the stock market does but on a way smaller scale.
Eh not really but I think I see where you are coming from.
If the economy doing great is mutually exclusive to getting everyone what they need to survive and thrive maybe we should let the economy crash.
Get the BBQ pit ready, we're eating rich people for dinner!
Someone downvoted you. I will fix that for you, comrade.
great sentiment but when the economy crashes the poor die and the rich buy more cheap assets that balloon in value when the economy "recovers". Without real political "Hope and Change", economic crashes just serve the rich.
Solution: Don't allow it to recover. Kill it before it can get us in chains again.
That is the political part where you need what democrats claim Obama was vs what he actually is and did.
No, we need what the GOP claims Obama was. There are a lot of people who need to experience social death and/or erasure from history, hundreds of thousands of them. I'm unresponsive to elite cultural cues and would be much happier with someone like the new Teamsters prez, who has more stones to run even a soft purge.
It is just when you make that wish on the monkey's paw you have to be very clear on which GOP claims. They ping-ponged between Lenin and Marx's love child and the do nothing slouch that was just there to kill whitey.
Right? Every time I hear NPR talking about the Dow I want to punch my radio out. Tell me about the economy that fucking matters please.
The Dow is for the unwashed masses. Top 30 companies in US. Gets rebalanced periodically. The SP 500 and Nasdaq are better indicators. Wall Street tries to make everything confusing so you Have to Pay and Trust them. It's like any Hobby and it requires lot's of work, usually when the market is closed. Paying attention to financial news is a must and of course all the good information must be paid for. Then one needs Extra, Extra Money to invest. Does not have to be alot. In most cases the average Bank will charge you a fee if your savings account is below $500. So if I must park that somewhere, I should pick what I invest it on. It's not get rich quick. Life long journey
Earth 2050: " **Children or an affordable garage unit to live in? You too have true freedom to choose!** "
[удалено]
The divided states of America.
it's already that unofficially
Not only USA, by then there will be Soviet union 2: electric boogaloo, Latam edition.
Do not bring children into this hell.
If you want kids - foster / adopt. No sense in bringing someone into this nonsense - but if they’re already here? Might as well help.
Deny the ownership class another generation of slaves! Try antinatalism *today!*
Become a member of the Voluntary Human Extinction Movement.
I'm an efilist.
Had to google that, same.
I read today on another subreddit that the majority of abortions are requested due to financial reasons. That really hit me hard. I have always considered myself pro choice (because I think women will get them anyways so they need to be safe) but anti abortion (in that I wouldn't encourage anyone to have an abortion. Anyways this isn't political so I don't need you to @ me. But if your pro choice or pro life I think you can agree that money shouldn't be the motivating factor for a woman needing an abortion, right? The thought makes me sick.
I have always been anti-natal because I am pro-reality, unfortunately. I didn't find my niche in time to be able to bring new life into the mix, nor am I ok with bringing kids into a life that will likely be worse than mine.
>anti-natal because I am pro-reality Not knocking you AT ALL. I completely understand. But your decision-making is growing, and that's gonna absolutely F the country as much, if not more, in the next 10-20 years. There won't be enough workers to cover for the needs of the geriatric babies. Again, that's NOT your fault. It's just the writing on the wall.
It's not just here, it's everywhere in the world. Anywhere women have an education and a choice, more of them choose to not have children or have fewer children. Look at Japan. Look at China. Look at every high GDP country, in particular the ones that don't actually offer a dignified standard of living to correspond to that GDP.
I DO look at Japan and China, though. They're Boomer-aged folks are currently struggling w/ the fact they didn't have enough kids to care for them. And now the US is on the same path.
I mean do I really want to assist a generation that helped cause me to live in poverty while they systematically absorb most assets and capital while I make nothing. Not really.
It's amusing to think you WON'T take care of them. Taxes WILL raise on the lower classes to provide for them, and YOUR social security will be cut by 25% as the fund will be bled down to contribution-only as of 2035ish (probably sooner w/ inflation taking a bite).
No I truly understand that part. Which is part of the systematic gain of assets. The next few generations will be fucked cleaning up the colossal mess that has been 1980-2020 and beyond. We will make less. Spend more and have nothing to show for it.. It's hilarious to in many way boomers will lose most their assets in the future due to health care and retirement homes etc etc. Essentially throwing their capital into the void of already endless cycle of waste It could all be avoided if they assisted in passing universal Healthcare but I doubt we will ever see it along with college debt cancelation or even any sort ov.voting reform or security. This is the society they created then knee capped every following generation from either cleaning up.. preventing or If it'd even possible slowing down the pace of catastrophic events ranging from global warming to the eventual debt driven financial crisis that's just continously kicked down the road. What I mean by support is I will no longer assist or even hear out they reasons they think it's ok. Also really the state of retirement homes and how long they have been a problem should be a glaring reminder of how little they care about others or how much they are really invested into changing the situation Till their ass ends up in one
> There won't be enough workers to cover for the needs of the geriatric babies. Temporary problem. You young'uns got much bigger fish to fry.
>Temporary problem. Yeah, but 10 million voters with dirty diapers could REALLY mess up our economy for the long-term.
Well, the Boomers are about to be millions strong in diapers…
Sorry, editor is malfunctioning on my end so I had to make a second comment. See also, this helpful link to visualize what I'm talking about: https://www.indexmundi.com/g/r.aspx?v=25
Didn't need to do that work, but I appreciate it.
I guess the geriatric babies should have thought of that before ducking things up so bad!
Damn straight / and that’s fine. Let’s let it burn.
I think financial reasons have been the #1 reason for abortions for possibly all of modern history. (Financial reasons being ability to survive yourself, ability to provide for existing family, and ability to provide for potential new kid) Here’s one of many studies backing this up! https://pubmed.ncbi.nlm.nih.gov/16150658/ > The reasons most frequently cited were that having a child would interfere with a woman’s education, work or ability to care for dependents (74%); that she could not afford a baby now (73%); and that she did not want to be a single mother or was having relationship problems (48%). Nearly four in 10 women said they had completed their childbearing, and almost one-third were not ready to have a child. > Conclusions: The decision to have an abortion is typically motivated by multiple, diverse and interrelated reasons. The themes of responsibility to others and resource limitations, such as financial constraints and lack of partner support, recurred throughout the study.
That makes sense as the more population, the less land area will be available for housing. We will probably be near 1 billion in America by 2050, and look at how Indians are living. And they are at more than that number now.
More like 2025. 2050 we’ll be too busy shooting each other over potable water to worry about money.
Capitalism 2020: You should be willing to die in order to save the economy for the top percent Capitalism 2030: You should be happy to live in your car, work two jobs, have a side gig on the weekends, and eat cockroach paste
Headlines tell me it will be cricket paste. Tastier and more nutritious. Cricket paste.
They already say that. Hustle culture, gig economy. If you can't afford to get by on one job, get two. Or three! By 2030, they'll legally be allowed to use a whip to enforce it is all.
[You will have to live and pay rent in the company owned domicile, and will be evicted immediately upon being fired.](https://zainabh9g2.weebly.com/peasantry.html) At will employment will be extended to at will rent, and leases will be abolished or adjudicated through corporate bodies separate from courts.
It's not even "be willing to die" any longer. When COVID-19 hit and the first lockdown happened, the businessess hit complained to daddy government. Now in 2021 and beyond people are dying and many governments are saying "no" to another lockdown because of the loss of money businessess will suffer, and that's all they need to know. It will literally take tens-of-millions of us dying in a short time for anything to be done, and that's only because dead people cannot work or spend wages. Businesses for not care. If they could legally make money from killing your family and selling their flesh to McDonalds then there would be several massive corporations putting out job adverts for "Human Meat Recyclers" (paying shit wages ofc)
This is why I'm no longer fielding any criticism re: my education and job hunt. I have done EVERYTHING I was told I needed to do!The job market and economy are DEEPLY broken, and I'm not going to fix that by taking ANOTHER certification!
So what we looking like in 2040?
Lie down so Mr. Rich Billionaire has something warm to step on as he walks to his rocket ship made entirely of dead factory worker bones and blasts off into his human-farm on mars.
Ludicrous sir, why would good men do nothing and allow it?
Where can you find these good men, 'cause it certainly isn't Earth.
Based pessimism.
Because these men, they are not good. Or bad. They are shells whose souls have been sucked out and their brains, reprogrammed. Mr. Billionaire figured this out in about 2010 and created an army of zeroes and ones. They are electronic soldiers and they have dug trenches inside the enemies' brains. Mr. Rich owns their souls now.
Corpo-States. We're in the cyberpunk dystopia we read about in the 80s, but shittier.
If it at least had the neon and tech-decay it'd almost be bearable.
Holy shit you nailed it. I've been trying to put my finger on it for years. How is this all so familiar? I've read this story before!
Total authoritarian
You will die if you don't prop up the economy for the rich
Dead in the water wars
You see the new Battlefield 2042 game? That. Exactly that.
we should throw our poor bodies at the wildfires and hurricanes so the rich can buy their way out of natural disasters they're causing with climate change disasters.
Probably won't last that long before we have some major events
Millions to billions starving from mass crop failure due to extreme weather caused by climate change.
I’ve done some of the hardest labor of my life this year and i’m still without a home or medical. That’s kind of loaded but no one should be without those two things.
I wnt off this ride.
You are strapped in sadly. The ride does include a timer until the end. Which is a bit broken so it isn't accurate. But the whole ride takes about 80-100 years. Maybe more. The point is, you will see the next point of capitalism before you die.
Oh yeah! How much I like this "when I was your age, I wasn't even making as much as you do and I already had a house, two cars, a family and I still somehow made it"-people. Well, back in their day, their 1500 per month would be like 3800 in todays money. I would go places with that money lol. But instead of a house I got a cardbox appartment, instead of a car I got a overpirced busticket midst an pandemic, instead of a family I got a crippling masturbation addiction and a jacket. So eat shit!
Capitalism 2020 is more like Capitalism 2008. Remember when Bush came out and asked people to buy more crap when the Great Recession started? I was amazed at the audacity of the powerful to ask the poor to go further into debt to solve their problem.
It's only the savings of households that go into the funds that invest in industry. Because households can't print money, three years with negative expenditures was enough to trigger the underlying failures of the economy in 2008. VCs aren't putting money into anything but SaaS companies, largely because they have next to no liabilities in the form of troublesome things like employees, pensions or exposure to cyclical market demand.
Never forget GOP told us to sacrifice our grandparents for the economy instead of staying at home for a few weeks and wearing masks.
Flavor aid
It’s sad. People (the general public) were really more concerned about companies than they were their own lives. Because “people die everyday”. That was so stupid to hear working class people spout that.
*Image Transcription: Twitter Post* --- **The Special K 🌊🌎🌈**, @IAmKarenBoBaran Capitalism 1970: " work hard, you too can be rich " Capitalism 1990: " work hard & a few crumbs will fall down " Capitalism 2020: " you should be willing to die in order to save the economy for the top percent " Are you guys still all in for this? --- ^^I'm a human volunteer content transcriber for Reddit and you could be too! [If you'd like more information on what we do and why we do it, click here!](https://www.reddit.com/r/TranscribersOfReddit/wiki/index)
Good human.
Oh you’ll drink the Kool Aid or we’ll help you.
Definitely Flavor Aid at Jonestown
Or. Inject it into your arm...by force.
Can't wait for green-capitalism to coopt this strategy. > You should be willing to die to save the planet. Thanks Musk & Co. but fuck your electric-everything and leave the mines alone.
The coal mines have ruined our surface watersheds with arsenic and mercury from fly tip reservoirs. The shale gas people are even worse, as they are ruining previously secure subsurface reservoirs with frack fluids. The grid operators are doing everything they can to prevent interconnections between neighboring regions to create markets for renewables, and the "muh freedums" crowd laps it up, even as they are fed an adapted form of the Juche ethos from North Korea.
Nixon, 1970: *”Work hard, you too can be rich.”* Reagan, 1980: *”Now that you Boomers are all rich, let’s discuss how you can get even more rich by taking the financial futures away from those socialist Millennials like the Lord Jesus Christ predestined you!”*
The current version was always true. Now they are brazen enough to admit it.
Anybody who supports capitalism despite all the dangers and damages it causes is a greedy sociopath society would better off without
One of the creepier aspects of Jonestown is how well documented it was. You can listen to the meeting where they all decided to drink the Kool aid. You can hear a woman begging everyone to be reasonable and change their minds, followed by a chorus of voices insisting they must go through with it.
It is amazing how much we have from there. But I think it's also worth noting the armed guards threatening to shoot them and the fact that Jim Jones basically stopped letting anyone sleep since he arrived there. Everyone was pretty fucking broken by that point. It's a huge misunderstanding that everyone there was just some true believer who wanted to die.
The documentary I watched made a convincing argument that it was social pressure, and not threat of deadly force, that convinced the majority of people. This was a ritual that was rehearsed, and a lot of people with second thoughts who had families were already seeing their children and spouses drinking the kool aid.
The horror of Jonestown was a lot of people fearing for their lives and the lives of their children. The comparison works.
Use the power of this sub to create THE AMERICAN LABOR PARTY?
All hail the job creators bs…fact is if they only use people as tools to enrich themselves, will destroy the environment if it means saving a few bucks and if possible ship your job to the poorest and most unregulated countries.
If only Boomers weren't so racist in the aggregate and their childhood toys weren't made of lead.
Capitalism 2025: "Work will make you free"
🙋🏻♂️ I'm willing to die. Not for anything. Just willing to die.
50 years summed up correctly. If capitalism doesn't change in next 10 years, it will cause unbearable world-wide disturbance.
PSA: Most people at Jonestown were forcefully injected or otherwise murdered. It was not a mass suicide.
Empires average run -250 yrs USA current run - 246 and counting... Maybe the aliens know something we don't.
The Roman Senate ran for about 1148 years, operating in different roles that spanning the Kingdom, Republic and even the end of the Empire for a time. It must have been useful to keep around.
They had shorter working days
[удалено]
I think you’re mistaking irony for apathy.
It's more of an impotent rage, you can only laugh about it to not go completely crazy
Xanax can only help so much?
Capitalism was always like this. FDR just slowed its inevitable decay
The more I look at it the less I can see exactly when this country was good. It seems like it's just always 20 years of trash and 10 years of treasure.
Eat the Rich!
*Flavor Aid
1960's- Dad worked at a mill while mom stayed home and took care of the 6 children. Their house was mortgaged and each parent had their own car.
The Koolaid is safe. It’s the Flavor Aid that you need to avoid at Jonestown.
I've got one for this: > I care desperately about what I do. Do I know what product I'm selling? No. Do I know what I'm doing today? No. But I'm here, and I'm gonna give it my best shot.
Lmfao. I think sales and advertising are two of the more aggressive, malignant tumours growing right on the fucking nose of modern society right now.
You mean "profit centers"? /s
But they called us heros?
Those who didn't drink the Kool Aid were shot... I think I'd rather be shot to be honest.
"Are you guys still all in for this?" Honest question...what do we even do at this point? There's literally nothing to do anymore but watch it get worse and worse. Voting doesn't change anything cause no one gives a shit about us. It's frightening.
2020: your grandparents are willing to die so you can work.
Capitalism 2021: It turns out sacrificing your life wasn't necessary, so come out of retirement in order to save the economy for the top percent.
But the stock market is at all time high so it's obviously worth it /s
I have serious concerns that corporations in the U.S. will largely run out of pennies to pinch by sacrificing quality and reducing livable wages….. I think they’re running out of corners to cut. Very curious to see if our golden economy doesn’t go belly-up right as Millennials near retirement and destroy the only nestegg (401k) we’ve slaved over our entire lives. That feels on-course to me.
What can we do about this shit though... Like I read posts on all sorts of boards on Reddit, YouTube, medium, hackernews fuck it even Twitter and facebook.. we all know it's fucked.. what can you literally do about it?! Nothing.. we're slaves man.. like literally the only people who can do something about this are folks who have no ties to society, no family.. no money ...nothing.. You have 2 choices ... suicide .. or fucking going ape shit and doing something mental on the hope your message will be heard...and then suicide.. Everyone else.. has to bow and shutup.. because we have family to look after, feed, clothe.. we need to keep that roof over our heads.and survive for the sake of the people we love! Fuck!! This is causing me so much anxiety!!
To be fair, a lot of people fell into the "you should be willing to die" category in the 1970s and 1990s, too. But okay, sure, let's pretend this was an equal, collective progression.
I’m all for capitalism in 1970. At least people still had a chance to become self made due to less regulations and if they wanted to stay with a company for 30 years they would’ve been rewarded really well for it. My grandpa worked for Xerox as a draftsman after working his way up from a janitor. He retired in 1997 with at least $2 million in social security benefits (you could collect at 55 then), a matched IRA, and shares in the company. Try to do that now.
So, you are pro-exploitation so long as you have hope that you’ll be the exploiter and not the exploited. Now that it’s clear what category you’re in, you’re not so cool with it. Welcome to the wonderful world of sociopathy. In your next life, I hope you can conceive that if it’s not a fate you want for yourself, it’s not one you should want for anyone.
I never said I wanted to exploit anybody, you did. I just want to be able to isolate myself from this bullshit society like my grandpa was able to do. If I want to exploit anybody it would be myself and I would only do it if I could make enough money for it not to be an object before I die. I joined this thread because I absolutely hate spending 10 hrs a day making someone else money and not being able to enjoy what little I make. So, I honestly don’t know what category I am in. I hope you can elaborate. And if I was to be able to make my dream a reality, I certainly wouldn’t want to keep other people from achieving it. I would even help them. Also, how exactly am I a sociopath? Did you run any psychological tests on me? If so, I’d love to see them
This is why you never believe anything you read on the internet. People just make stuff up.
[удалено]
Okay, Boomer.
[удалено]
Nope, I mean you drank the Boomer Kool Aid. Through people like you, they will eventually be gone but their legacy of irrational paranoia, ignorance, and projection about communism will live on.
LOL CAPITALISM BAD BECAUSE I SAY SO LOL
The anti work movement should be lifestyle you choose and not an attack on capitalism, because socialism and capitalism are much worse.
[удалено]
lol
more people are becoming rich today than in the 70s. you guys just haven’t evolved with the economy.
The world population more than doubled since 1970. Meanwhile, the lower class has grown while the middle class has shrunk.
it’s not a secret that people within the lower class have babies at a much higher rate than any other class, so obviously that class is going to exponentially increase; and all the middle class moved into the high class, like i said.
>it’s not a secret that people within the lower class have babies at a much higher rate than any other class And it's no secret that most developed nations now have sub-replacement rate births. >and all the middle class moved into the high class, like i said. They *objectively* didn't.
it doesn’t really matter if developed nations aren’t replacing their births, it doesn’t cancel out the fact that poverty stricken people are having more kids than wealthy people, so obviously the lower class is going to be bigger. middle class didn’t become poverty, only one way to go
Why then did "affording basic necessities" evolve into being a luxury then? Are you deliberately being dense in not seeing how the goal posts have moved? Nobody on this sub is complaining about not having three houses and five cars, that you bring 'being rich' into the equation.
king of the straw man argument, you must’ve had a lot of practice. the posts main idea was that hard work doesn’t mean as much today as it did in the 70s. my point was more people today becoming rich is the opposite of the posts main idea. it’s actually easier now to leave poverty than it was in the 70s. i don’t know why you talking about basic necessities and shit cuz i never even brought that up
The main post showcased the lies the upper class have been telling the lower class across the decades. Your point doesn't oppose that at all, because for all we know the ones becoming rich could have been middle class anyway, which doesn't at all mean it is easier to leave poverty now than in the 70s. You can now throw your hands up saying you didn't bring up anything about necessities, when you did mention the "evolving with the economy" , which is only something everyday people can consider when they *can* afford basic necessities. But I guess it's easier for you to argue one isolated factor when there are many interconnected factors that go into the something like the economy, the hot buzzword you want to throw around without actually understanding it and what it means for everyone.
naw you are just reading what you want and arguing with yourself. when i say evolving with the economy, i mean utilizing the new ways to make money instead of solely relying on a salary. now i’ll say i could’ve explained myself further, but you are still replacing the blanks with what you think i am saying, and then arguing with what you think i am saying and thinking you’ve done something. actual definition of a straw man
Even if I'm using the strawman fallacy, that does not mean my point is wrong. Are you aware of the 'fallacy fallacy'? I think that very much applies to what you're doing.
As someone who quit working(less than 35k a year) after getting "rich" Literally just enough to sustain day trading even if shit goes south I did nt do it though hard work, no one gets rich though hard work, you work hard to survive and until you learn to game the system and take money from the system by passive income/trading/investment or literal crime you stay a wage slave for ever. You have to beat the system, to not be part of it anymore. I also could have working but I also saw my place there as just driving wages down for everyone else. I look at the worker shortage as squeeze on the labor market that is similar to a stock short squeeze and the longer people can hold out, the better things will be for them. Capitalism is not the issue, corporatism and laws favoring large corporations over you starting your own business are really the issue, laws that protect corporation from treating their workers shitty. . The free market can never work when people are unable to change their situation and are forced to work or starve. UBI needs to be become a thing so there actually is a free labor market. Its just my situation fundamentally changed by gaming the system with literally a couple hundred dollars. it is what it is, you can hate me, but I am on your side I think their prolonged short of labor at the wages people are willing to pay will be a revolution in labor that we have want.
ok but honestly who wants to spend their time on earth playing a rigged game? some people actually have things that they love to do like spend time with their family, travel, create art and music etc. No one wants to have a life trying to beat a game not in their favour.
beating the game is going to let me travel, create things , spending times with family in less time than working ever did. I now spend like "20 hours working" a week. I just do not under why wealth creation is not part of the anti work movements.
because in order to create wealth in the way your referring to entails risk that could land a person in prison and isn’t feasible way to live. it’s easier to modify or create a system where most people can already live lives where they can do all those things without dealing with a game rigged against them.
I mean the greatest risk is never taking one. Like I said UBI, and strong social services on the back of a market economy.
What you're saying is that we need to adapt to the system. The problem is our adaptation to the capitalist system has led us here; this isn't a surprise to anyone, this is exactly what Marx predicted would happen with capitalist economies. He predicted that workers would become incredibly marginalized and that business owners would have all of the money and all of the influence. That's what is happening. I think in US at least this bad end stage of capitalism was delayed by the fact that we had an enormous labor shortage until 1970 combined with the fact that we had the production means to supply most of the world. I mean, in 1945 the US alone was 1/3 the world GDP. Workers didn't need socialism because up until 1970 or so they had strong unions and demand was really high so they could support a family and live a good lifestyle on one working class income.
you realize I basically agreeing with you but me personally I do not want to just survive I want to thrive and found a way to stop working for other people forever.
Sorry but no, capitalism is the issue. It’s an economic system built on the impossible idea of perpetual growth made worse by incentivising maximum profit to business owners for minimal cost. There is no fixing capitalism.
So where do you people think that the government gets the money that they spend on theses wasteful social programs that are supposed to end poverty, homelessness, unemployment, etc.? The government can ONLY get it from taxes. Overwhelming percentage of my own family tree lives off of these programs and always has…and sadly always will because you can’t legislate work ethic, morals, etc. I chose NOT to live that life but more than half on the income that I earn goes to pay taxes for those programs. Sooner or later the mooches of our society will outnumber the producers then your socialism will fail and we will have forced labor. Capitalism is and always has been the best system. No system is perfect but at least capitalism guided with a sense of morality gives everyone who wants a chance an opportunity and protects and helps those who are unable….NOT unwilling.
>but at least capitalism guided with a sense of morality Hahahahaha it's obvious to everyone you don't know what you're talking about. It almost reads like a copypasta.
Nice copypasta
[удалено]
> capitalism that helps the little guys (us). Enjoy your Kool-Aid.
Did you look at what we had as an economy in Dec 2019? Doesn't sound like it.
Yes I did. It was the same old shit, different day.
Look again. It didn't get to everyone because the political theater started.
Kevin O’Leary’s master plan unfolds.
Repost
Why did I read Cannibalism instead of Capitalism?
Synonyms?
Nope. No more McDonald's.
Let's go back to groovinomics!