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Cake day: June 11th, 2023

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  • Capital is more like stored labour. The first ever capital was just a starp stick or spear. Someone spent labour and it resulted in a more productive way to hunt animals. This almost immediately would’ve resulted in inequality as the spear hunter caught more game. It’s not that the capital was taking anything from the labourer, it’s actually that capital and labour work really well together and humans are more productive with capital.


  • You’re also taking a snapshot of the most regulated industry in the US. Building high rises is illegal in huge swaths of urban areas. Before we say the free market isn’t providing an answer cab we actually try it? I’m talking removing exclusionary zoning, speeding up the permit process and reducing the power of local action committees, and reforming the broken heritage process that’s used by rich people to keep their areas from densifying.





  • My parents never could’ve either but $500k household net worth only puts you in the top 20% of households so it’s not like they were exceptionally wealthy and we don’t know if they borrowed to invest or what exactly their specific situation was. Miguel Bezos was a Cuban refugee and then worked as an engineer for Exxon and Jackie Bezos was a secretary so i mean this is pretty middle class IMO.

    That doesn’t mean that all billionaires clawed their way to the top as i mentioned above, or that we shouldn’t make progressive changes to the tax code. It’s just important that we separate truth from fiction to make educated decisions.





  • huge_clock@lemmy.worldtoMemes@lemmy.mlAge Combat 🤡
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    11 months ago

    This is not at all a debate in libertarianism. Libertarians recognize the role of a limited small government to protect individual rights. Like please pull up one example of this debate going on in a libertarian space.

    Libertarians don’t believe murder should be legal and crazy shit like that. Libertarians believe in a guaranteed freedoms like freedom of speech, economic liberalism and are often social progressives who believe in gay marriage and drug legalization.

    The bill of rights was brought to you by libertarians.





  • I think it’s sort of a catch 22. The people that tend to be the most knowledgeable about a particular science often have industry experience doing the exact thing you want them to study now. The idea that people could study the effects of aspartame for decades but are now “tainted” because they used to work for a soda company doesn’t necessarily square up to economic reality.

    If however, you choose to put your foot in the sand there you’re going to have a bunch of people on a committee that have no idea what they are doing (which by the way people will also criticize you for) Remember when Trump appointed senior cabinet positions to people with completely unrelated experience? Such as Ben Carson (a former medical doctor) being appointed secretary of housing.

    It’s a lose/lose situation I’m not sure what you all are expecting.