The Big Lie the pisshead commies are selling: Capitalism requires infinite growth or it collapses
2021 Mar 13, 10:10am 823 views 49 comments
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41
GNL
2021 Mar 17, 4:24pm
GNL
2021 Mar 17, 4:24pm
Tenpoundbass says
Because they weren't SLL savers. Many are broke and only able to stay afloat through government $$/unemployment/moratorium. If there was so much saving, how did the billionaires make so much $$?
If a Nation of savers would starve the economy, then why didn't a full year of Covid restraints crash the global economy?
Because they weren't SLL savers. Many are broke and only able to stay afloat through government $$/unemployment/moratorium. If there was so much saving, how did the billionaires make so much $$?
42
Automan Empire
2021 Mar 17, 6:03pm
Automan Empire
2021 Mar 17, 6:03pm
Patrick says
Ask yourself how this notion came to be written here. Did the thought originate in OP's mind, or did it slip in via propaganda, already baked into the form that benefits the oligarch class while ultimately working against everyone here on Patrick.net?
Will people become more vigilant about the pervasive propaganda in the internet age, learn to distrust its particular flavor, and hold sources that passed it along accountable? Or will they bury it the moment another clickbait title comes along that seems to fit their preconceived notions, and pass along oligarch propaganda without compensation?
https://www.reddit.com/r/TheRedPill/comments/97f0kh/distrust_that_particular_flavour/
I agree with all of this.
Ask yourself how this notion came to be written here. Did the thought originate in OP's mind, or did it slip in via propaganda, already baked into the form that benefits the oligarch class while ultimately working against everyone here on Patrick.net?
Will people become more vigilant about the pervasive propaganda in the internet age, learn to distrust its particular flavor, and hold sources that passed it along accountable? Or will they bury it the moment another clickbait title comes along that seems to fit their preconceived notions, and pass along oligarch propaganda without compensation?
https://www.reddit.com/r/TheRedPill/comments/97f0kh/distrust_that_particular_flavour/
43
TheAntiPanicanLearingCenter
2021 Mar 17, 9:46pm
TheAntiPanicanLearingCenter
2021 Mar 17, 9:46pm
One interesting point:
The greatest expansion of living standards for Joe Blow happened 1940-1970, with most of it happening prior to the early 60s.
There was intense distrust of Wall Street and Stocks, so much so that the Stock Market didn't recover from pre-depression highs until the mid 1950s.
Many people who lived in the Great Depression didn't trust banks, either.
So that world-record growth was NOT fueled by ordinary people investing savings in stocks.
The greatest expansion of living standards for Joe Blow happened 1940-1970, with most of it happening prior to the early 60s.
There was intense distrust of Wall Street and Stocks, so much so that the Stock Market didn't recover from pre-depression highs until the mid 1950s.
Many people who lived in the Great Depression didn't trust banks, either.
So that world-record growth was NOT fueled by ordinary people investing savings in stocks.
44
Bd6r
2021 Mar 18, 9:14am
Bd6r
2021 Mar 18, 9:14am
Patrick says
E-verify and Trump's inaction on it...
And yes, if we were to imprison and massively fine everyone who employs an illegal, we would not need a wall at all. There would be no jobs here for illegals.
E-verify and Trump's inaction on it...
45
Onvacation
2021 Mar 18, 9:50am
Onvacation
2021 Mar 18, 9:50am
Rb6d says
Trump didn't do a lot of things he should have.
He did, however, take the shot. If you get the Wuhan can you get it again? If not why the shot? If you can, why the shot? Something fishy going on.
E-verify and Trump's inaction on it...
Trump didn't do a lot of things he should have.
He did, however, take the shot. If you get the Wuhan can you get it again? If not why the shot? If you can, why the shot? Something fishy going on.
46
WookieMan
2021 Mar 18, 10:13am
WookieMan
2021 Mar 18, 10:13am
Onvacation says
Yeah, nothing with Covid makes any sense. Was disappointed to hear he got the shot. I felt he failed in the response to Covid and should have just let it do what every virus is going to do once it's out of the bag.
Hollywood has helped to destroy science as well. People have this belief that we can all just duck and cover from a fucking virus and the world will just go on as normal. Put on a suite or mask and we're safe. The biggest flaw was local with people sending covid patients into facilities with already or close to dead people. Not sure who thought that was a good idea.
He did, however, take the shot. If you get the Wuhan can you get it again? If not why the shot? If you can, why the shot? Something fishy going on.
Yeah, nothing with Covid makes any sense. Was disappointed to hear he got the shot. I felt he failed in the response to Covid and should have just let it do what every virus is going to do once it's out of the bag.
Hollywood has helped to destroy science as well. People have this belief that we can all just duck and cover from a fucking virus and the world will just go on as normal. Put on a suite or mask and we're safe. The biggest flaw was local with people sending covid patients into facilities with already or close to dead people. Not sure who thought that was a good idea.
47
Bd6r
2021 Mar 18, 10:28am
Bd6r
2021 Mar 18, 10:28am
Onvacation says
He did it to convince others that shot is not deadly? to stop potential accusations form the ORANGEMANBAD crowd who will blame him?
He did, however, take the shot. If you get the Wuhan can you get it again? If not why the shot? If you can, why the shot? Something fishy going on.
He did it to convince others that shot is not deadly? to stop potential accusations form the ORANGEMANBAD crowd who will blame him?
48
PeopleUnited
2021 Mar 21, 6:34am
PeopleUnited
2021 Mar 21, 6:34am
The Fed’s official mandate is to keep inflation low and employment high. But it seems that this is only part of the story, the part that makes people feel like the Federal Reserve is good for the worker. The FED after all supposedly wants more people to be employed and the money they are paid with to retain some of its value over time.
The Fed though, is actually a literal blank check that is used by the government to create money to fund deficit spending, But even more concerning than mere deficit spending by government that creates money out of thin air and in so doing benefits the first recipients of this newly created money, the Fed is also a blank check for banks, and wall street to bail them out when their efforts to constantly make money with riskier and riskier investments eventually meet with the realization they are not going to achieve the return on investment they so desperately need. So these risky bets made by banks (by the way fractional reserve banking is the biggest way money is created out of thin air) are backed by the FED. When the bank and big wall street firms make bad bets, the Fed bails them out, which is essentially the same process as giving a gambling addict the money he thought he was going to win at the casino.
The Fed guarantees the wealthy will retain their wealth, and the federal government is controlled by the wealthy. Oligarchy!
The Fed though, is actually a literal blank check that is used by the government to create money to fund deficit spending, But even more concerning than mere deficit spending by government that creates money out of thin air and in so doing benefits the first recipients of this newly created money, the Fed is also a blank check for banks, and wall street to bail them out when their efforts to constantly make money with riskier and riskier investments eventually meet with the realization they are not going to achieve the return on investment they so desperately need. So these risky bets made by banks (by the way fractional reserve banking is the biggest way money is created out of thin air) are backed by the FED. When the bank and big wall street firms make bad bets, the Fed bails them out, which is essentially the same process as giving a gambling addict the money he thought he was going to win at the casino.
The Fed guarantees the wealthy will retain their wealth, and the federal government is controlled by the wealthy. Oligarchy!
49
stfu
2021 Mar 21, 7:31am
Automan Empire says
This is half right. The first sentence is correct - but you're describing profit motive as though it is evil. It is not. Put another way - "there are incentives (not perverse) to maximize profit".
Your second sentence is just wrong. You are blaming capitalism for a failure in government. Can you honestly posit that in the absence of all government social programs, we would have people coming to this country to work for $7.25/ hour? No, it is because of the subsidized schooling/ food/ rent/ education that they are effectively middle class compared to their home country. It's our government that causes these people to come here and it is the corporations that directly benefit from this - but this is not capitalism - it's either fascism or mercantilism.
At the end of the day people seem to think that government is benevolent and is there to "take care of people". That thinking is what got us to where we are today. Government is a nanny, but it wasn't always that way. It was certainly not what the founders intended.
if you think capitalism doesn't generate perverse incentives to generate growth for individual companies while disregarding and wherever possible externalizing the associated costs.
Laissez-faire capitalism, not "socialists," is why we have unchecked immigration and pay lip service to the problem and serve up expensive ineffective solutions like the wall while blatantly ignoring existing laws that would be revenue positive if prosecuted
This is half right. The first sentence is correct - but you're describing profit motive as though it is evil. It is not. Put another way - "there are incentives (not perverse) to maximize profit".
Your second sentence is just wrong. You are blaming capitalism for a failure in government. Can you honestly posit that in the absence of all government social programs, we would have people coming to this country to work for $7.25/ hour? No, it is because of the subsidized schooling/ food/ rent/ education that they are effectively middle class compared to their home country. It's our government that causes these people to come here and it is the corporations that directly benefit from this - but this is not capitalism - it's either fascism or mercantilism.
At the end of the day people seem to think that government is benevolent and is there to "take care of people". That thinking is what got us to where we are today. Government is a nanny, but it wasn't always that way. It was certainly not what the founders intended.
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From the 40's through the 90's, of the post war boom. Many small businesses flourished for umpteen generations at the same location, with the same amount of employees, and same suppliers.
It wasn't until the mid nineties when the "Business Consultants" all preyed on those small businesses and convinced them that they had to grow, that they started failing and shuttering. Their mandate was make every business in America collapse under undue burdens of growth through credit, and regulations. So that NAFTA and other disastrous trade deals, could see America's wealth go to other countries.