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Shame Boy posted:So the warning not to shake violently or swing it around is more having to do with it instantly snapping in half rather than a risk of actually hitting anyone, great Food $200 Data $150 Rent $800 PUBG Frying Pans $3,600 Utility $150 someone who is good at the economy please help me budget this. my family is dying
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Oct 11, 2018 19:30
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Dreddout posted:Food $200 Stop overspending on cheap merchandise to reinforce your pathetic identity as a "gamer"
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Oct 11, 2018 19:32
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Jel Shaker posted:capitalism related, I recall reading somewhere that decades ago 80% of the financial markets were invested in industry, whereas today 80% is just invested in banks and other financial instruments I’d be interested in that fact about finance and GDP, never heard it before. But most of the current woes can be traced to Reagan and Thatcher. They deregulated a lot banking and finance. They were also close to Gorbechov and seem to have aided in the collapse of the Soviet Union. What was once a counter balance to the excess of capitalism, embraced the worst of it. And without an alternative things just got progressively worse.
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Oct 11, 2018 21:42
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modern finance is just inventing increasingly abstract forms of money and then tricking stupid people into buying them
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Oct 11, 2018 21:59
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Taintrunner posted:no matter what "The Left" does upon seizing power, those with capital will do everything in their power to sabotage our economy. Hence the reason to stroll into office with a mass recruiting jobs program centered around restructuring the nation to deal with the worst possible climate change result, and developing our infrastructure and rail systems around this unfortunate reality. Even drunken nightclub comedian Jimmy Dore knows the first key to taking power in American politics is admitting private capital is more concerned with destroying jobs than creating them, and finally acknowledging that public power is the only legitimate power left. If you like capitalists destroying an economy to harm a socialist uprising why don't you move to Venezuela hmm?
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Oct 11, 2018 22:03
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Dead Beef posted:modern finance is just inventing increasingly abstract forms of money and then tricking stupid people into buying them Buddy have you heard of bitcoin?! Banks can't get it and it just goes up uP UP!
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Oct 11, 2018 23:52
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The first billionaire was Rockefeller in 1916. There’s currently 3000~ billionaires with combined wealth of 10trillion, that’s the same as the gdp of china. So there’s a nation the equivalent power of China the size of a village that exists outside of geography. They are the hidden superpower that even America kow tows to them.
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Oct 12, 2018 00:50
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Marenghi posted:The first billionaire was Rockefeller in 1916.
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Oct 12, 2018 01:51
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Marenghi posted:I’d be interested in that fact about finance and GDP, never heard it before. yeah neoliberalism was basically rich people realizing that 1) actually investing in productive things is for the birds and 2) prioritizing overall gdp growth is loving dumb when you can just reorient the economy to get paid through debt peonage and rent seeking and third world slavery of course this was a response to the falling rate of profit, which was only briefly restored for a time, but which capitalism can never overcome
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Oct 12, 2018 02:02
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we're gonna get to a point where profit no longer matters because the state can just shove money out of thin air into rich peoples' pockets i would definitely call this overcoming a falling rate of profit if you define capitalism as a hierarchical relationship between employer and employees in a wage arrangement
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Oct 12, 2018 02:12
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now how long could capitalists keep the trains running on time and food in peoples' bellies with literal zero monetary incentive to do so besides avoiding 'tines? lol who knows it doesn't matter because they can't keep the trains running on time as it is w/ doubling down to accelerate climate change
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Oct 12, 2018 02:19
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KaptainKrunk posted:of course this was a response to the falling rate of profit, which was only briefly restored for a time, but which capitalism can never overcome I'm unfamiliar with the details. Does assloads of science help? Continual input of new stuff for the economy to do?
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Oct 12, 2018 03:12
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Accretionist posted:I'm unfamiliar with the details. Does assloads of science help? Continual input of new stuff for the economy to do? https://www.youtube.com/watch?v=ypJ_tcnfaWA
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Oct 12, 2018 03:19
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The funny thing is so much of the ultra wealthy's wealth is just a number on a computer system that if set to 0 would be a net benefit for society because it could no longer be used to sway governments to screw over the populace for the sake of making that number bigger. Imagine, billions of dollars just vanishing and it would be a good thing.
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Oct 12, 2018 03:24
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the next recommended video is "why basic income is bad for you" so i dunno
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Oct 12, 2018 03:49
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Tashilicious posted:the next recommended video is "why basic income is bad for you" so i dunno richard wolff argues that political energy should be focused on distributing income more evenly in the first place instead of just redistributing https://www.youtube.com/watch?v=kRXdUiDnIqk
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Oct 12, 2018 03:52
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If he believes in redistribution then he can get rid of one of those loving Fs
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Oct 12, 2018 03:58
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The Fs should have been distributed to dead twitch streamers where they are needed most
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Oct 12, 2018 04:07
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just delete all bank accounts and make everyone start over
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Oct 12, 2018 04:07
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i dont like the idea of basic income on its own because it doesnt make any incentive for the corporations to actually offer any more or any better jobs or wages. that said its not a bad thing. its just yet another half-rear end social democratic idea that sort of patches a leak but doesnt do anything else
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Oct 12, 2018 04:12
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Tashilicious posted:the next recommended video is "why basic income is bad for you" so i dunno Cockshott (heh) is a kooky cyberneticist maoist dude but he knows his Marx pretty well, just ignore his prescriptive stuff He owns and tankies love him and anarcho types don't like him cuz he thinks an economy of workers coops and syndicates would face serious problems
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Oct 12, 2018 04:14
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ScrubLeague posted:just delete all bank accounts and make everyone start over Good thing I got all these guns and ammo on sale.
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Oct 12, 2018 04:15
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Larry Parrish posted:i dont like the idea of basic income on its own because it doesnt make any incentive for the corporations to actually offer any more or any better jobs or wages. that said its not a bad thing. its just yet another half-rear end social democratic idea that sort of patches a leak but doesnt do anything else done right, it would exterminate the reserve army of labor lol at peeps doin it right
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Oct 12, 2018 04:15
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Ubi would be way too low and not tied to inflation and would probably require bullshit make work or "volunteering" at local businesses to help out, in addition to not actually solving anything
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Oct 12, 2018 04:19
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Larry Parrish posted:i dont like the idea of basic income on its own because it doesnt make any incentive for the corporations to actually offer any more or any better jobs or wages. that said its not a bad thing. its just yet another half-rear end social democratic idea that sort of patches a leak but doesnt do anything else The way I heard it was that if people don't have to take poo poo jobs, corporations will have to make the jobs and/or wages better to attract labour
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Oct 12, 2018 04:27
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$40k per year UBI for citizens, with $100k+ per year income for guest workers with no path to citizenship to perform jobs that are required for society to function.
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Oct 12, 2018 04:31
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EvilJoven posted:The funny thing is so much of the ultra wealthy's wealth is just a number on a computer system that if set to 0 would be a net benefit for society because it could no longer be used to sway governments to screw over the populace for the sake of making that number bigger. Imagine, billions of dollars just vanishing and it would be a good thing. I mean they generally don't have all their wealth as cash in a bank account somewhere, they have it in the form of stocks, company ownership, private property and to a lesser extent personal property, which all have more than just "a value in a database" associated with them. You probably couldn't just disappear it without loving up a bunch of other stuff. However they're all things that can be confiscated and put to better use by nationalizing everything and abolishing private property so 
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Oct 12, 2018 04:32
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EoinCannon posted:The way I heard it was that if people don't have to take poo poo jobs, corporations will have to make the jobs and/or wages better to attract labour there is zero chance our plutocracy enacts it and it works that way. its going to be universal food stamps where you have to constantly justify getting them by saying you're applying to jobs or something
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Oct 12, 2018 04:32
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KaptainKrunk posted:Ubi would be way too low and not tied to inflation and would probably require bullshit make work or "volunteering" at local businesses to help out, in addition to not actually solving anything Nixon was a fan of the idea because it would give an excuse to cut a ton of other social programs and leave only a single target to be whittled away at. I think it absolutely could be done right and be a great benefit to society. America will never ever in a million years do it right
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Oct 12, 2018 04:36
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Larry Parrish posted:there is zero chance our plutocracy enacts it and it works that way. its going to be universal food stamps where you have to constantly justify getting them by saying you're applying to jobs or something I get the feeling we'll absolutely get UBI that's exactly like this within the next like 50 or so years. It will be completely inadequate, come with a ton of bullshit strings attached and be held up as an example of us fixing all the problems so we don't need to spend so much time fixing problems anymore. Then 10 to 20 years later it will be declared a failure and used as an example of why social programs just plain don't work so we should get rid of all of them. Then it'll somehow be privatized.
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Oct 12, 2018 04:40
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Shame Boy posted:I get the feeling we'll absolutely get UBI that's exactly like this within the next like 50 or so years. It will be completely inadequate, come with a ton of bullshit strings attached and be held up as an example of us fixing all the problems so we don't need to spend so much time fixing problems anymore. Oh no no no The privatization will be the compromise from the get-go
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Oct 12, 2018 04:47
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Larry Parrish posted:there is zero chance our plutocracy enacts it and it works that way. its going to be universal food stamps where you have to constantly justify getting them by saying you're applying to jobs or something Yeah, I don't believe it would actually be implemented in a decent, humane form, but that was one of the ideas behind the theory
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Oct 12, 2018 05:03
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https://twitter.com/BurgerKing/status/1050043075404460032 The unfeeling corporate entity that is Burger King would like you to know that ever since our marketing team saw Steak-Umms get all that free publicity from that viral tweet, we've realized that we care for your emotional wellbeing.
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Oct 12, 2018 05:06
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I wonder how many thousands of human people want to gently caress the burger king
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Oct 12, 2018 05:08
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lol corporate entities telling people "you are loved" ahahaha life is satire https://www.youtube.com/watch?v=Z8zNsUTWsOc
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Oct 12, 2018 05:14
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Peanut Butler posted:I wonder how many thousands of human people want to gently caress the burger king Remember Wendy? She was the Bowsette of the burger tweet-wars.
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Oct 12, 2018 05:15
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Shame Boy posted:I get the feeling we'll absolutely get UBI that's exactly like this within the next like 50 or so years. It will be completely inadequate, come with a ton of bullshit strings attached and be held up as an example of us fixing all the problems so we don't need to spend so much time fixing problems anymore. This is how unemployment works in Aus, except it's ~13k per year and is rarely increased with CPI. Typically you start on having to apply for 4 jobs a week, and it quickly ramps to 10+ per week. https://newmatilda.com/2016/08/25/how-job-agencies-bully-the-unemployed-and-get-away-with-it/ And now the problem is 'fixed' we've been stuck with this system for near to 20 years where less than half of the user getting long term work while the agency owners cut staff to bleed money out of the system. It's very lmao
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Oct 12, 2018 06:36
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qkkl posted:$40k per year UBI for citizens, with $100k+ per year income for guest workers with no path to citizenship to perform jobs that are required for society to function. My back's started loving with me. Work which ruins your health? Six figgies sounds fair. Accretionist has issued a correction as of 06:46 on Oct 12, 2018 |
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Oct 12, 2018 06:37
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The Bloop posted:Stop overspending on cheap merchandise to reinforce your pathetic identity as a "gamer" no
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Oct 12, 2018 06:46
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Larry Parrish posted:i dont like the idea of basic income on its own because it doesnt make any incentive for the corporations to actually offer any more or any better jobs or wages. that said its not a bad thing. its just yet another half-rear end social democratic idea that sort of patches a leak but doesnt do anything else UBI is neither inherently good or bad. If an extra supplement in a healthy entitlement system it can help rebalance working conditions because no one is going to do some jobs without better compensation if it's not the only thing keeping them from dying. If it replaces other aspects of the social safety net, or it's rolled out by a government thats end goal is to ensure as much money is funneled to the top then yeah it'll be bad. But the same thing happens with literally any policy. Hell look how Bezos just made "raising the minimum wage for amazon workers" a giant gently caress you that gutted benefits for those workers. Like you said there's a 0% of the plutocracy implementing the good version of UBI, but once again you could say that about any policy. Like even m4a could be watered down with work requirements, caps, excluded services and people, or otherwise be written as a way to just funnel more cash into corporations, but it doesn't make m4a an inherently bad policy.
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Oct 12, 2018 07:02
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