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KwegiboHB posted:https://www.veterinarydaily.com/2023/03/80000-mouse-brain-cells-used-to-build.html Peter Watts was, as usual, correct
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Mar 28, 2023 01:43
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Epic High Five posted:That's....exactly what those things do? The workers previously employed don't just vanish from the world, and they are still expected to clothe and house themselves in a world in which you either own enough capital that you live off other people's labor or live off your own labor alone. Suppressing wages and keeping a non-zero amount of unemployed people knocking around the place go hand in hand and are the explicit goals of the Fed, and entire government generally, it's not any kind of theory at all much less a Communist one. We're literally living in the middle of a "crisis" that is defined in weekly press conferences as being the result of wages rising and unemployment going too low. This is the system that is building machines to reinforce and propagate itself, and those machines are what you're referring to. There's a legitimate economic reason to structurally have a couple percent (iirc the recommended numbers i've seen float between 0.5% and 2%, so as usually i lean towards the lower end that gives workers more power) unemployment as long as any individual person doesn't stay unemployed for too long, and it's subscribed to by the better Fed types. If it gets really close to zero percent, things start getting a little weird regarding job changes and career changes. in practice at the Fed this usually manifests as arguing that current unemployment rates are either fine or too high, in opposition to the people who think fewer people should be employed for worse reasons
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May 3, 2023 22:39
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