@NWoodeSmith Calling subsistence living "poverty" is a neat trick. People used to have direct access to the commons. Capitalism literally had to violently strip away their means of survival through the enclosures just to create a workforce desperate enough to work for a wage.
@NWoodeSmith The more successful capitalist countries also tend to win more wars to allow their rich constituents to keep extracting cheap resources and labor from the losing countries.
@francoboca@human_xxoo The top 1% still don't pay enough taxes when you consider how they have an unfair advantage to favorable loans (leverage) that stems from the Federal Reserve buying fed government debt (inflation).
Should really just bump the Reserve Ratio up to 50% and promote self sufficiency
@LogicIllustrat@ronbski3@RockChartrand Can't really blast you since most people share the sentiment due to capitalistic programming.
Only needed 30k in resources to build a 1950s Levittown house in just a day with 30 people...
Could redistribute acres of farmland with the 5th Amendment, but that may be a pipe dream
@errorsimulator@ronbski3@RockChartrand That "liquidity" gives more favorable loans to the rich while actively devaluing the currency for everyone else... The worst part about this perpetuated wealth inequality is how nearly everyone has a scarcity mindset, and how it slowly kills any semblance of culture and spirit...
@Bitbug00@aruvinchan I suppose you really do have to look the part to consistently pull conventional 7s and above. Only really so much you can do with that tho, so you either settle with your level at best or get married
Ask Jerome Powell about this…we tripled the money supply in 18 years. People with assets, like you, won huge. Stop with the political stuff and focus on the Fed.
@TheRamenDon Yeah, ownership stake is ridiculously idiotic. Targeting the gross revenue makes much more sense if AI drastically reduces business expenses.
@RockChartrand The last three words of the fifth amendment literally gives the government discretion to take private property and pay their own "fair" price afterwards...
How far this gets used for public benefit really depends on how much they want to possibly undermine the Constitution.
@bohumilo@BernieSanders We'd be better off using the fifth amendment (eminent domain) to turn large land plots into 6k sqft lots for the masses to build houses.
I'd only believe that mkt value of labor is fairly valued when wealth is more evenly distributed, as they'd have more security to negotiate
@bohumilo@BernieSanders Elon is probably one of the few "ethical" billionaires putting capitalism in a better light, and the fickle nature of stock valuations is why I'm against taxation for wealth distribution, since the money supply can still be multiplied by banks or kept by politicians...
@gnocchimarinara@CoreyWriting This anti-capitalist rhetoric would quickly go down the drain once AI takes enough jobs...
Should be common sense to see how subjective value is, and how any big bad player in the supply chain can inflate rates to screw over everyone else. Marketing massively sways valuations
@bohumilo@BernieSanders The smartest and most productive people are most likely still on a salary... The richest people have to extract as much value elsewhere while continuing to take advantage of systems that allow them to keep getting richer (loans created from fractional banking and QE)
@rmlunn@BernieSanders Capitalism can also increase suffering if not monitored. Seems like most "pro-capitalist" conservatives immediately become hypocrites when lab grown meat enters the picture to compete with ranchers, hence all the temporary state bans.
@BernieSanders Your tax proposals may be more idiotic than radical when it all hinges on a currency that allows banks to inflate the supply at will to hand out more favorable loans to the rich.
18% of all the money that has ever been created by 2020 was made that year. Cut off the head first
@middle_class_us That's why true self sufficiency is the antidote for shattered expectations. You have to deal with the consequences of bad advice if you mindlessly take it rather than problem solve yourself.
@enggirlfriend The filthy rich will always have a target on their back until everyone else has their needs met.
Sure you can blame everyone else for trying to fill a spiritual void through mindless consumption, but you can't deny how inflation largely fuels more favorable loans for the rich.
@TheGoodTeacheer@rushicrypto Sounds like we should heavily restrict fractional banking and use eminent domain to give everyone else cheap land to build Levittown houses on (only took a day to build in the 50s)
Really prioritize self sufficiency over interdependence, but the morally bankrupt won't like that