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Joined 1 year ago
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Cake day: June 30th, 2023

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  • The reason why subsidies in the US lead to corruption and subsidies in China lead to innovation has nothing to do with how long the industries have been subsidized.

    The US subsidizes industries to bailout corporate executives that made bad decisions.

    China subsidizes workers who innovate towards ends that we know we need to be working towards as a species. Such as building electric vehicles to address climate change.

    Even if the economy worked how you’re suggesting addressing climate change would be a worthy investment. It’s an end that has been obvious that we should be investing in for decades. The US refuses to do it because it would take power out of the hands of the corporate executives who they are busy bailing out.

    Well, where do you think the money for subsidies comes from? Taxes.

    This is logically incoherent. Money doesn’t exist in nature my dude.

    Take out a physical dollar and look at it… what does it say on it? If you do this you will find it says it’s a note from the federal reserve.

    Every US dollar in existence was originally spent into the economy by the federal reserve which is managed by the US government. That is a matter of fact. To suggest money comes from taxes is incoherent. Taxes are how the government destroys money not how it creates money.

    Now maybe to control inflation we should take money out of the economy through taxes. Especially in places where money is being mismanaged… if we do, the aforementioned corporate executives seem to be at the top of the list of places where large amounts of money is being mismanaged. Given that in the context of the automotive industry China is managing their wealth better than the US.



  • But it doesn’t matter because the lesson to take away is that in any system the people with power will modify it to what we have now

    Was the system that the peasantry lived under in the commons the same as what we have now?

    All animals are equal, but some animals are more equal than others.

    Ok?

    The quote you just gave is from famous socialist George Orwell from his book Animal Fram. Which is critical of the structures the Soviet Union created.

    But your comment is actually in direct contradiction to Orwell’s actual more nuanced point. His point was not that every system devolves into capitalism… he was himself a socialist who fought along side communists in the Spanish civil war after all. His point is that we need to think critically about the structures we’re creating to ensure they’re serving egalitarian ends. Something I agree with Orwell on.

    The original reason why I commented was because it didn’t seem you were engaging in the same project of critically examining economic structures in the way Orwell was and the way Smith was. Though I would love to be proven wrong.

    I think you should think more critically about what people tell you about Adam Smith and George Orwell.


  • Adam Smith did not ‘invent’ capitalism. No single person can invent an economic system. He made some early observations and normative assertions about a set of economic relations that were forming independent of him.

    So the economic system we had prior to capitalism was feudalism. The common lands that I mentioned were apart of the feudal system. The system of landlords and rent-seeking were and are apart of capitalism. You can just look around… we still have these things. You do understand that right? Unless you’re saying our current system isn’t capitalist.


  • Yes Capitalism is supposed to be pro-worker/anti-rich

    Supposed by whom? The rent-seeking behavior that Smith criticized was largely brought about by enclosure; the process of enclosure was foundational to capitalism.

    Hence my comment about people still paying to live before adoption of capitalism

    This is ahistorical, before enclosure the peasantry had substantial rights to live freely on the common land.

    I suppose it does depend on what is meant by ‘pay to live on this earth’. If you just mean that people have to work to take care of themselves then, sure. But that’s not really what this meme is referring to. If it was then the orangutan would be ‘paying to live on this earth’ as well.










  • Honestly, with all the biblically accurate angel memes that have been floating around I feel like they’re becoming banal. At this point if I saw one my reaction would be “yawn you guys need to come up with a more original corporeal form.”

    Maybe this is why they’re being posted? Angels getting tired of repeating themselves and being feared.