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Rod_Blagojevic [none/use name] @ Rod_Blagojevic @hexbear.net
Posts
4
Comments
754
Joined
5 yr. ago

  • Capitalist mystics, aka libertarians, will often argue that there is no discernable basis for price. It's just whatever a seller and purchaser agree it will be. There's nothing else to know and no need to consider how or why prices tend towards a predictable level. Where do wages and profit come from and why some people get more than others? That's just personal morality reflected as value. Value is absolutely not the product of work.

    They'll still also argue that increases in minimum wage necessarily result in corresponding price increases, completely forgetting that profits even exist. They'll also tell you that you don't understand basic economic ideas.

  • Who cares? This is the ridiculous part of American politics. There's all this rage and emotion put into these elections when either way the outcome is unnecessary death, false scarcity, and a bunch of racist violence meant to divide and distract workers.

  • At what point was this a stalemate? The eventual outcome was obvious about 2 weeks in. I remember thinking that surely Russia's capacity to actually do the production needed for this war was more important than American financial dominance, but I kept hearing otherwise from all of the news. I was shocked to see that I was clearly right and I was being lied to, again.

    This happens to me all of the time. It's like when the news kept telling me that any day now the ghettos of Caracas would rise up and demand the privatization of Venezuela's oil fields. I kept thinking it didn't make any sense and I must be missing something. Turns out I was right again.