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just realized i quoted a like 4 thousand year old old post. sorry. im not good at the computer
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Jul 8, 2020 22:17
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who cares, 
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Jul 8, 2020 22:18
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I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo.
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Jul 8, 2020 22:19
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bag em and tag em posted:I loving hate how everything in finance is "it's actually strategically better to collapse, killing hundreds of people below while the banks hang glide into the sunset, high fiving amidst the wails of the dying below." Success is all about failing in the good way to get rich and it loving blows look we may spend human lives to make number go up but we don't waste them.
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Jul 8, 2020 22:19
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ToxicAcne posted:I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo. Confident that now they have the means to fight the hordes off.
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Jul 8, 2020 22:20
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ToxicAcne posted:I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo. 100 years of propaganda and getting high on your own supply does that.
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Jul 8, 2020 22:21
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ToxicAcne posted:I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo. it took violent revolution/credible threats of violent revolution in other nations to get American capitalists to understand the risks they faced.
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Jul 8, 2020 22:22
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ToxicAcne posted:I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo. I mean it took years and years to realize a) that things in the 30s were bad and getting worse b) come up with a coherent strategy that would actually ameliorate things and not just paper over the problems and hope things got back to normal and even then it took the Second World War to really get things moving again. The most radical, popular American politician of that era who wasn't a socialist or fascist at one point was planning on running an accelerationist campaign to the left of FDR and torpedoing the latter's chances in 1936 in order to get a Republican elected, expecting that the GOP would be a complete disaster and pave the way for a radical platform in the 1940 presidential election. Then the guy got assassinated over a jerrymandering dispute. The problems of the Great Depression seem trivial in retrospect because we've got decades of scholarship and analysis from people at the time and afterwards understanding all the problems at play, we live in the information age and we're still trying to figure out a relatively non-lethal virus that's killdozering through the global economy.
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Jul 8, 2020 22:23
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ToxicAcne posted:I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo. fascism is the typical reäction to these conditions, as the powerful try to maintain their power w/o compromises. social welfare or socialism are extraördinary reäctions
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Jul 8, 2020 22:23
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Dreylad posted:I mean it took years and years to realize a) that things in the 30s were bad and getting worse b) come up with a coherent strategy that would actually ameliorate things and not just paper over the problems and hope things got back to normal and even then it took the Second World War to really get things moving again. huey long is one of the more fascinating americans of the 20th century also, he died because his own bodyguards were incompetent and shot him by accident lol
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Jul 8, 2020 22:27
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ToxicAcne posted:I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo. To the Marxist it is indisputable that a revolution is impossible without a revolutionary situation; furthermore, it is not every revolutionary situation that leads to revolution. What, generally speaking, are the symptoms of a revolutionary situation? We shall certainly not be mistaken if we indicate the following three major symptoms: (1) when it is impossible for the ruling classes to maintain their rule without any change; when there is a crisis, in one form or another, among the “upper classes”, a crisis in the policy of the ruling class, leading to a fissure through which the discontent and indignation of the oppressed classes burst forth. For a revolution to take place, it is usually insufficient for “the lower classes not to want” to live in the old way; it is also necessary that “the upper classes should be unable” to live in the old way; (2) when the suffering and want of the oppressed classes have grown more acute than usual; (3) when, as a consequence of the above causes, there is a considerable increase in the activity of the masses, who uncomplainingly allow themselves to be robbed in “peace time”, but, in turbulent times, are drawn both by all the circumstances of the crisis and by the “upper classes” themselves into independent historical action.
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Jul 8, 2020 22:27
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Fish of hemp posted:What caught my eye is that 15% of the 100k earners didn't pay anything? My ATC facility is going back to a normal schedule in like a week and a half. We were originally on a 5 on 10 off schedule and have been on a 5 on 5 off schedule for a month or so now. One of the drivers of this is people, all of whom make 6 figures, bitching about not getting poo poo like night differentials and holiday pay. I work with a shocking amount of people that are in danger of folding every single time there's a government shutdown. It's easy to make $150k and be in way over your head.
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Jul 8, 2020 22:30
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gently caress COREY PERRY posted:huey long is one of the more fascinating americans of the 20th century yeah that and the conspiracy that the hospital he went to had doctors who hated them so the guy who would have performed his surgery took his time getting to the hospital, forcing an inexperienced guy who missed some things during surgery to try to save long's life. there are a lot of useful things to learn from huey long's ascent to power for the left imo, from how you destroy party machine politics to the power of universal programs to leaving certain political opponents in power as an easy punching bag whenever you need to rally public opinion. not so big on the democratic rule front, obviously, he basically ran the state through a proxy governor as a US senator lmao. Dreylad fucked around with this message at 22:34 on Jul 8, 2020 |
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Jul 8, 2020 22:31
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ToxicAcne posted:I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo. They kicked 10 million families out of their homes last recession and the worst thing that happened was number went up. Think of how much higher it could go if they kicked out ~4x as many.
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Jul 8, 2020 22:38
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when is this dummy bubble going to pop, christ. im tired of all the winning
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Jul 8, 2020 22:41
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https://twitter.com/JStein_WaPo/status/1280931010327298051 lol if this is what they're considering for another round of stimulus.
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Jul 8, 2020 22:50
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Terrifying Effigies posted:https://twitter.com/JStein_WaPo/status/1280931010327298051 they are absolutely not extending unemployment benefits in any way
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Jul 8, 2020 22:53
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It's always worth keeping in mind that this poo poo is falling apart at a rate that we never approached in the Great Depression, or the Long Depression before that. It took us 3 years to hit the nadir of unemployment in The Great Depression of 24%, it's taken us less than 4 months to blow way past that this time + there's a pandemic that's killing hundreds of thousands, mostly poorer people, and they all know their government will not help them + the financial bubbles in our economy haven't burst yet. tbh the most hopeful thing about this situation for me is that it's all happening so fast there's not any time to massage public opinions or implement progressive solutions.
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Jul 8, 2020 22:58
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Sheng-Ji Yang posted:they are absolutely not extending unemployment benefits in any way Why contain it? Let it spill over into the schools and churches, let the bodies pile up in the streets. In the end,
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Jul 8, 2020 22:59
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TV dog Wishbone of PBS posted:Why contain it? Let it spill over into the schools and churches, let the bodies pile up in the streets. In the end, in the end, number go up
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Jul 8, 2020 23:04
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And I get that fascism was the reaction to this last time around but I can't believe that a country that is like 40% POC will just roll over.
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Jul 8, 2020 23:06
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TV dog Wishbone of PBS posted:Why contain it? Let it spill over into the schools and churches, let the bodies pile up in the streets. In the end, 
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Jul 8, 2020 23:07
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ToxicAcne posted:I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo. In the 30s, labor was organized and the left was credible alternative. This time around, there are no political possibilities other than the status quo and any unrest will be too unfocused and disorganized to be a threat.
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Jul 8, 2020 23:07
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ToxicAcne posted:I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo. yes keep going I'm almost there
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Jul 8, 2020 23:08
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ToxicAcne posted:I'm absolutely dumbfounded. I don't understand why the capitalists can't save themselves like they did in the 30s. Like what the gently caress are they thinking. One third of the population is going to lose their homes. This is some 1789 poo poo. Capital isn’t quite a unified class, and this is important. Banks, extractives, and tech don’t necessarily agree on policies. But all of the big boys would love to save themselves. Because of the uniquely lovely structures of the US, it’s currently not Goldman that’s in the drivers seat of the government, it’s the number one jet ski retailer in some hellish midwestern exurb. The petit-boog really aren’t interested in doing the things necessary to stave off the pitchforks. Look at the difference in responses between the US and basically every other capitalist nation on Earth. Which is extra-funny, because all the machinations of the bureaucrats in Brussels and Beijing will come to nothing if the worlds largest consumer market tanks because a bunch of small biz tyrants wanted endless mozzarella sticks at TGI Friday’s. Constantly LARPing fucked around with this message at 23:12 on Jul 8, 2020 |
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Jul 8, 2020 23:08
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Constantly LARPing posted:Which is extra-funny, because all the machinations of the bureaucrats in Brussels and Beijing will come to nothing of the worlds largest consumer market tanks because a bunch of small biz tyrants wanted endless mozzarella sticks at TGI Friday’s. yeah it fuckin owns
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Jul 8, 2020 23:10
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Are there any romans on record as knowing what was going on and cheering the collapse of Rome as it was happening or is it more such a drawn out thing that people didn't really know it was collapsing as it was happening
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Jul 8, 2020 23:12
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Is the petit bourgeois being in power a trump thing? I always thought that the petty boog were just a bunch of useful idiots for capital most of the time. In particular I thought they were the most enthusiastic supporters of capitalism. Edit: And fascism too
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Jul 8, 2020 23:15
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mastershakeman posted:Tons of people are taking out forbearances or not paying rent just to see what kind of bargaining position they'll have in a few months. It makes sense since none of this stuff can hit your credit report under the cares act and why not roll the dice on a windfall Yeah I wonder how many of them are strategically not paying even if they technically could. Decent enough gamble if your lease is up in the fall. Not like there won't be something cheaper and maybe better around by then anyway. Why not piss in your landlord's cheerios and sock away the money you're saving (if you can)?
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Jul 8, 2020 23:16
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Phi230 posted:Are there any romans on record as knowing what was going on and cheering the collapse of Rome as it was happening or is it more such a drawn out thing that people didn't really know it was collapsing as it was happening based on how often the Roman poor ripped their betters limb from limb, I’m sure there were a lot of lower class folks going  whenever the rich and powerful were getting owned
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Jul 8, 2020 23:17
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Phi230 posted:Are there any romans on record as knowing what was going on and cheering the collapse of Rome as it was happening or is it more such a drawn out thing that people didn't really know it was collapsing as it was happening Different parts of the Empire declined in different ways. Some places you could hardly tell the difference over the course of a few hundred years, while in say, Roman Britain, the Imperial expenditures that kept British Roman industry towns going dried up very quickly, and with it a coherent polity, monetary system, garrisons everywhere etc. Modernity demands a certain upkeep that's non-negotiable in order to maintain it and our society, so if that starts to go, the collapse is going to be immediate and deadly. Constantly LARPing posted:Which is extra-funny, because all the machinations of the bureaucrats in Brussels and Beijing will come to nothing if the worlds largest consumer market tanks because a bunch of small biz tyrants wanted endless mozzarella sticks at TGI Friday’s. We're pretty unimportant in the grand scheme of things, but in Canada the federal government announced the defecit is about 10 times what it was last year because of direct payments to the population and corporations, and all of that for naught because America just decided to stumble around and smash everything before keeling over and puking covid everywhere is darkly funny. Dreylad fucked around with this message at 23:20 on Jul 8, 2020 |
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Jul 8, 2020 23:18
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Phi230 posted:Are there any romans on record as knowing what was going on and cheering the collapse of Rome as it was happening or is it more such a drawn out thing that people didn't really know it was collapsing as it was happening The fall of the (western) Roman Empire Was a long gradual process of increasing decentralization and decline of institutions and their replacement by the Church and feudal systems. By the time Aldric sacked Rome I doubt anybody cared.
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Jul 8, 2020 23:20
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the mass base for neoliberalism absolutely demands that real term property values can be relied upon to go up. sooner or later, that is going to stop being true, even if they can scrounge up political consensus for increasingly unlikely schemes to keep money going into the market. when that happens and the real-deal big market correction comes, there will be blood
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Jul 8, 2020 23:21
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https://twitter.com/BW/status/1280915371889958913 since march seems to be counter to that survey i posted earlier 
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Jul 8, 2020 23:21
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Dreylad posted:Different parts of the Empire declined in different ways. Some places you could hardly tell the difference over the course of a few hundred years, while in say, Roman Britain, the Imperial expenditures that kept British Roman industry towns going dried up very quickly, and with it a coherent polity, monetary system, garrisons everywhere etc. Sounds familiar.
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Jul 8, 2020 23:22
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Nothus posted:In the 30s, labor was organized and the left was credible alternative. This time around, there are no political possibilities other than the status quo and any unrest will be too unfocused and disorganized to be a threat. no, it was the great depression that strengthened labor. labor had been incredibly weakened by the red scare and was as weak as it is now.  https://en.wikipedia.org/wiki/Labor_history_of_the_United_States#Weakness_of_organized_labor_1920%E2%80%931929 quote:The 1920s marked a period of sharp decline for the labor movement. Union membership and activities fell sharply in the face of economic prosperity, a lack of leadership within the movement, and anti-union sentiments from both employers and the government. The unions were much less able to organize strikes. In 1919, more than 4 million workers (or 21 percent of the labor force) participated in about 3,600 strikes. In contrast, 1929 witnessed about 289,000 workers (or 1.2 percent of the labor force) stage only 900 strikes.[69] Sheng-Ji Yang fucked around with this message at 23:33 on Jul 8, 2020 |
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Jul 8, 2020 23:27
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What would the economic implications be in the short- and long-term if a universal basic income was established in the United States that could only be applied to a mortgage for single-property home owners (no rent, nobody with more than one property) or food?
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Jul 8, 2020 23:28
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Sheng-Ji Yang posted:no, it was the great depression that strengthened labor. labor had been incredibly weakened by the red scare and was as weak as it is now. Don't give me hope.
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Jul 8, 2020 23:30
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Cithen posted:What would the economic implications be in the short- and long-term if a universal basic income was established in the United States that could only be applied to a mortgage for single-property home owners (no rent, nobody with more than one property) or food? short term you'd see a massive spike in home prices, long term who knows but homeownership is an anchor that makes moving hard so it's probably good for capital. You'd have to have rules in place to prevent house hording/flipping by banks and REITs
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Jul 8, 2020 23:31
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Cithen posted:What would the economic implications be in the short- and long-term if a universal basic income was established in the United States that could only be applied to a mortgage for single-property home owners (no rent, nobody with more than one property) or food? Gerontocracy
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Jul 8, 2020 23:31
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