@drumm_colin@95FranciscoP@SurplusProduce Crisis of real value creation in the productive economy. Moving off the gold standard gave the state an infinite balance sheet to absorb private debt onto public books. The sudden 1800s style liquidity collapse was converted into long term structural distortion. The form of the c
@95FranciscoP@SurplusProduce Defer the crash. The fact we pay for it later via inflation and interest rate hikes shows the crisis was kicked down the road.
@95FranciscoP@SurplusProduce That proves my point. Drumm states Marx is wrong because the system didn’t implode. Unlinking money from gold gave the state the ability to absorb trillions in private debt onto a public ledger. Marx is right that you can’t print your way out of a crisis but it allows them to
this shit is so stupid. Rasputin wasn't bourgeois, and he wasn't involved with the bourgeoisie. Epstein is a bourgeois who had a network that involved an immense amount of the highest profile bourgeois and their ideologues. The epstein network is a profoundly bourgeois phenomena.
@sans_solei1 You’re stupid if you honestly think full automation is some distant future. Civilizational breakdown is because of capitalism. Communism is not a determination of pro and cons. It is a movement already in existence.
@JaysSambo7885@InfraHaz Capitalists cannot automate everyone as it would result in robots that produce no value and a mass of unemployed with no wages to buy what the robots produce