all 16 comments

[–]magnora7 6 insightful - 2 fun6 insightful - 1 fun7 insightful - 2 fun -  (0 children)

Anytime I buy something expensive, I think "How many hours of my life did I have to work to earn the money to buy this thing?" and it changes the way I buy things. We truly pay with our time, in the end.

[–]InvoluntaryHalibut 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (11 children)

Theyve completely effed up the currency. Nobody even knows what their work is worth any more. That is whats really scarey. The fed, congress and wall street have destroyed the dollar’s function as useful economic information. Its all just monopoly money at this point. We live in a giant ponzi scheme.

[–]AnarchySpeach 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (10 children)

Nobody even knows what their work is worth any more.

Makes it easier to keep people in debt. If the youth was educated on the predatory practices banks and corporations use they wouldn't be in power.

Instead of paying $5 for a candy bar, imagine paying 5 cents a month, every month until you've paid off that $5.

20 nickels in a dollar. Times that by 5 and you get 100 months.

That's over 8 years worth of payments. Now imagine that if you missed 1 payment, just 1 month because life happens and the payment was late, they say you owe more money. Now that 8 years can be milked for several more years.

This example is for a $5 candy bar. If a company offers you a $2 off if you don't pay the full amount all at once: It's a scam. They know it's a scam. The only way they can make money by doing this is betting on you paying more than the original $5.

Now imagine that's a house, or a car, or a college degree. Bullshit debt traps like this should be illegal, but they're not. Not only is it 100% completely legal, nobody teaches it in public schools. No-fucking-duh communism seems like the better option to more and more people when all they've ever known the first 20 years of their life is the feeling of being fucked over by rich people.

Its all just monopoly money at this point.

Almost. We're getting there. The breaking point is within the next 10 years if the government can't pull a rabbit out of their military-hat. Once faith in the dollar completely collapses we'll see how it gets. Have you seen house prices right now? It's another bubble ready to pop. City folk are going to lose their minds when the stores are charging $4 for a loaf of cheap bread and the minimum wage isn't higher than $16 by 2024.

We live in a giant ponzi scheme.

Not yet. We're getting there. Very close to it.

[–]InvoluntaryHalibut 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (9 children)

You are wrong. We are way past it. When the bureacracy was 10% of the economy you could say ‘hey, a dollar is useful information representing objective wealth. People that make or do useful things are compensated with it. People that navel gaze all day are not.’ That time is gone.

The bureacracy has become a massive wealth redistribution scheme compensating people who do no useful work, people who create no wealth. This is more than just people using up social spending dollars like medicare and food stamps. This is more than just millions of government bureaucrats who get paid 6 figures for busy work. These are all the sectors of bullshit bureacratic jobs that wouldnt exist without massive overregulation and litigeousness. Lawyers pass endless byzantine law codes that require people to hire lawyers at every stage in life to protect them from other lawyers. That is destruction of wealth. Corporations lobby congress to pass laws that favor them and screw small private firms - that is destruction of wealth. All of the education, public schooling and universities have abandon trying to train people in objectively useful knowlege and fields of expertise for a religious inculcation in a mentally retarded religion that is anti-science and anti-common sense. Paid for by the working peasants to plot their annihilation. All destruction of wealth and wealth making potential. Health insurance doesnt improve healthcare, it fucks up pricing mechanisms and pays a bunch of insurance agents who cant cure your cancer. Destruction of wealth.

When the bloated bureacracy—run by oligarchs who never produced anything, only gamed the system— redistributes wealth from wealth creators like farmer or doctor or factory worker to social workers and insurance agents and school administrators, it distorts the economic information that makes currency useful. People who produce 100,000 dollars of wealth a year only keep 20,000. People that destroy 100,000 dollars of wealth ( or perhaps prevent it from being made) like lawyers, take home 100,000.

Half the jobs in this economy are completely fake and useless. Do you see? When you divorce the value of work from its proper compensation to “correct instability” or “cure social ills” you are destroying economic information. Nobody knows what anything is worth. At a very high level this is a redistribution from males to females and whites to non-whites. This is key to why the birthrate has gone down and why divorce is so high. Most women’s jobs are bureaucratic and not objectively useful. We dont need more bureacrats, we need higher wages and more moms.

It is hard to accept that a lot of our work is less than useless. But when we accept that, then we can begin to remedy the situation. Essentially it is an information problem. Economic information goes into the bureacracy and comes out distorted.

[–]AnarchySpeach 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (8 children)

Half the jobs in this economy are completely fake and useless. Do you see?

I disagree. Those jobs are designed to keep the uninformed wondering where their money disappeared to.

Human cattle no longer requires the picking of cotton. Only the constant disposal of it. The machines pick it, the people pay the owners of the machines for the right to throw it away, and in exchange everybody is happy. The sheep got to feel special. The businessman got more money to prove to other businessmen they can control sheep too.

It is hard to accept that a lot of our work is less than useless. But when we accept that, then we can begin to remedy the situation.

Exactly. That is exactly why governments don't want us to realize it. They don't want it to change. Why would they?

If everybody woke one day with all of their jobs replaced by robots, wallets full of money, and nothing to do: They would go after the monsters in politics with a vengeance only a well-rested person with free-time would be able to do.

Keep everybody working. Keep everybody sleep deprived, tired, stressed out, and overly fed on unhealthy food. Anything to stop them from realizing who the real enemies are.

The solution is to remove money from the government. Let people buy and sell stuff based on what the people believe things are worth. Not taxed and artificially priced according to a robot. Cryptocurrency is a start, but we still have a long way to go before people start waking up.

[–]InvoluntaryHalibut 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (7 children)

Very much agree. Im not sure increased automation is just going to lead to tons of leisure and robot servants because we will still all compete like mad against each other as evolution is constantly driving us to do. But I think we can establish a regime in which the economic information is true and the rules of the game are clear and enforced.

I basically think sending all women into the workforce was a great way to cut wages by 50%, which is great for corporations and politicians and not very good for american families. That was a disaster.

I agree we have to starve the government of tax money. Not only would I cut all government spending by 90%, I would outlaw health insurance and malpractice civil suits. And I would cut off all gov funding to schools and universities.

And I suppose I would impose massive protectionist regimes on trade and basically ensure most manufacturing was done here, not china.

It would be lovely if we could create a commodity backed currency. We need to eliminate inflation, thats bullshit.

[–]AnarchySpeach 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (6 children)

Im not sure increased automation is just going to lead to tons of leisure

If there was a way for me to continue to eat the food I liked, live in the house I want, with heat, air conditioning, running water, and internet, I wouldn't be working right now. I'd be relaxing. Who knows, maybe I would eventually get bored of not being tired and in constant panic, but until that day comes, I'd prefer not working.

I basically think sending all women into the workforce

No way to avoid it. They've got to go somewhere. Locking them them all in a house forever isn't a long term solution.

A simple solution would be to change custody laws. If a woman gets divorced she's got a 99% of keeping the child... when she's suddenly lost the ability to financially support it. This makes no sense. The backwards solution of taking money from the father, who does have a job (in this example), as a punishment for... what, exactly? Why are we punishing the guy for this? I've been told, "Well, he's going to be too busy working to take care of the kid." but somehow the mother will be able to despite still being financially dependent on the guy. Or if the guy dies or refuses, the money still appears out of thin air via the magic of taxes.

The government rewards divorce. It boggles my mind.

Stop letting the wife keep the kid by default. Make the father the default instead. Watch divorce rates fall like fucking magic.

Edit: I never said dad's are better at taking care of kids. All I'm saying is that it would reduce divorce rates, increase the average wage, and increase birth rates in western society. Sounds like a better idea than what we currently have.

[–][deleted] 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (1 child)

Lel. Watch the child death rates rise like magic too. Men generally have different methods of childcare. Sure, there's lots of situations where Dad might be better off taking care of the kids, but do you think that's generally the case?

[–]InvoluntaryHalibut 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Yeah men are not good primary care takers of small children. You can see the difference around the playground. They arent usually as attentive. Females are evolved very specifically to keep babies alive, they are cognitively predisposed to that task. Male talents for strategy or aggression or ingenuity come at a price— there seems to be a trade-off cognitively for special abilities.

[–][deleted] 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (1 child)

[–]Airbus320 2 insightful - 4 fun2 insightful - 3 fun3 insightful - 4 fun -  (0 children)

[–]InvoluntaryHalibut 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

The problem with your leisure theory is that as soon as people begin to largely satisfy a common need throughout society, like hunger or housing or heat or internet, then they turn to some new scarce resource and say,” hey that guys got a space ship. Why dont I gotta space ship!”

We are never satisfied and alway competing because its evolution. Look at “poor” people today. Driving nice cars and spending $1000 a month on hair weaves and fake nails. And spring break in Miami Beach. They’re poor because they have less than some other people.

I think we just have to end all divorce except for extreme cases of abuse. Let people separate if they want. No divorce. No shacking up with someone else. Put people in jail for adultery. We used to do it before. Here me out

Divorce and out of wedlock sex amount to the same thing, polygamy. Polygamy breeds for certain traits in men and women. Higher violence, higher disparity of wealth, lower status of women, lower economic prosperity. All these traits begin to be favored genetically within a population who practices polygamy over many generations. You see these traits in many totally unrelated populations that practice polygamy. When high status males with agressive strategies can hoard more than one female, they propagate agressive genes.

Monogamy was system that some groups adopted but not others. It leads to higher male co-operation, lower male on male violence, more attentive fathers, etc. These behaviors become genetic.

If you like the way European men generally behave— e.g. Lower violence, less rape, chivalry, jobs, etc.— realize it was bred into them through a monogamous regime over thousands of years and the longer europeans live in the current polygamous regime, the less europeans will act like europeans. Weve got to go back to strict monogamy imo.

Women evolved to do a job. That job is birthing and raising children. They are not doing it as much anymore, and when they are doing it, they are doing a crappier job of it. We are now essentially letting the public schools raise children instead of moms, and it is resulting in bad people.

Nobody is saying lock women up in the house. Im saying most women in society need to return to the duty of birthing and raising kids. This is reaching crisis level proportions.

We dont need more bureaucrats. Most women are just working in the bureacracy anyway in bs jobs. We dont need more social workers, or school administrators or councillors, or clerical workers. We need parents to raise kids.

We like to think we have a lot of choice in this stuff but its all pre-programmed through evolution. Understand how the mechanisms of evolution work and you can engineer a better society, or at least the society you think is better. I dont really like rape, violence, and corruption, but thats my bias.

[–]AnarchySpeach 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Let people separate if they want. No divorce. No shacking up with someone else.

Not only is this unenforceable in western society, the amount of prisons we would need to build would be astronomical. Removing tons of women from the population, through incarceration or other methods to prevent social interaction, also leads to serious birth rate problems.

Put people in jail for adultery. We used to do it before.

This I agree with. Sort of. No amount of fines or monetary punishment is going to get the message across. If someone willingly signs a contract, legally marries a person, only to break that deal without divorcing them, then I think jail time is a valid strategy. They broke something worse than the law. They broke an oath. They need a time-out to think about how wrong their actions were.

[–]adultmanhwa 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Debt Is (Mostly) Money We Owe to Ourselves - Paul Krugman
https://krugman.blogs.nytimes.com/2011/12/28/debt-is-mostly-money-we-owe-to-ourselves/

WE ! Who are WE ?

[–]wecandobetter 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Omg I forgot you guys were here too lol

[–]Thiswaycomrads 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

  1. This is a over implications of a complicated economic system.

  2. Time equals money. Whenever you see something you want you always make a calculated thought about what it cost your in labor hours.

  3. Anyone who thinks capitalism is bad can go try living in a socialist state. Good luck. You will starve and have no rights in north Korea or Venezuela or cuba. Go for it.

  4. Markets are amazing at innovation and creating wealth and jobs. But it's not perfect which is where regulations come in to protect workers and the environment and society. Ditto for a welfare state. Everybody needs health care and housing and a education. That's not socialism. It's simply taxing capitalism and using that wealth to make society better.

  5. No body should be a billionaire. Income taxes should go all the way up to a trillion dollars. With billionaires paying 90 percent on the billions they earn. How could a society that is 99 percent not billionaires disagree with that?

  6. It's impossible to organize a economy better the the market economy. Markets gives us prices which makes it possible for us to make decisions where to invest and do xyz. Any economic system that goes away from that fails.