@michaeloburns If by chill you mean a constant battle for who gets to be the head of state with the food flown in from anywhere. While the rest get to chill out in cool little camps with their friends, and work the same sick job, and play hide and seek with the people who seem to disappear
@noveltyverse@RockChartrand But the other thing is wealth is not as highly concentrated as it appears. Capitalism uses capital to determine wealth. Capital creates more assets. You can’t really hoard it per se cuz the assets it creates goes to other people as well
@noveltyverse@RockChartrand Capitalism doesnt allow regulation over markets, so there wouldn’t really be any laws that could affect you in terms of like money. I think some regulation is needed to keep trust such as food shouldn’t poison you. The US has become too regulated and allowed for coercion kinda
@BladeoftheS 92% own a home but most of them live under threat of eviction due to not owning it or the other majority live in old houses they built themselves on a farm. Tech is worse and highly censored; they only have the lead in smart phones owned per capita not “tech” as a whole
@BladeoftheS That’s because GDP only tells part of the story.
They don’t; they only claim to. They don’t it’s actually a fact that we have the top doctors and such; they just give it for “free” to some of their citizens
@iam_biglad1 Don’t give away your right to own stuff. Stop playing the money booth game and instead own the things that make the money. Save up for tools, machinery, computers, whatever you know how to do. If you dont know then find your best buddy who does and help him.
@iam_biglad1 Right now part of the problem is we’ve disproportionately given away assets, making socialism seem appealing as no one will own anything. But they will. If you gather and save only money then your basically playing the money booth game
@K3nB3n Capitalism is a system in which the idea of capital is used as the measure of creating wealth and value, that is to say the more capital one produces the higher in the system they are placed. Capital is an asset in which other assets are produced ie machinery, people, etc
@EricStainrook@famexbt Well there is a federal min wage, states with a min below that adopt the federal one, but everything else you said is spot on. We need to use our money as a collective to not just go to wal-mart cuz it’s cheaper (for now). Markets will also adjust the value of $ if you change it
@UziCryptoo I think they know it’s closer to $20. But with home, gas, and cars having overinflated probably like $23. But you’d also have to waste your whole life working all day 6 days a week, 7th day do home improvement stuff all day so you can sell it, die, and give the money to probate
@famexbt Don’t want* not won’t. Also, a perfect illustration of this is fact is that Britain being very very old has had to basically redo their pound sterling value on many occasions which is why things aren’t like £200k for bread or something like that
@famexbt You won’t deflation. That’s because money is not anything in it of itself. It is simply a measure of the value of something. Unless you increase the value of the job then you will never “keep up”. You will just make poor as shit equal to $7.25 or whatever other amount
@famexbt Inflation is because society is always increasing in value or at least should be. Final goods will always somewhat be a measure of the costs that go into it and the demand / supply that allows for whatever mark up