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Joined 5 years ago
Joined 5 years ago
2. I don't see the inflation effect as purely linear. Having $10 when things cost $10 is better than having $0 when things cost $5. There are thresholds that affect peoples ability to even engage with the market that you put your trust into. Also the market wants people to buy things, so it should welcome more people participating in it. And lets not forget that most of the price gouging over the past few years went straight to shareholder profits instead of increased supply costs, we can try to decentivize systems like that that profit off of economic crises.
> we should foster competition, incentivize innovation, and let markets do their thing
"letting markets do their thing" is contradictory to "fostering competition". Markets fundamentally drift towards consolidation. Source: the past sixty years. Markets do not fundamentally organically move towards progress. Often times the profitable thing is to pay workers shit wages and raise prices, and if you try to wait it out for a magical class of well financed competitors to come along and disrupt that status quo, millions of people will have been put into poverty in the interim.
The decline in public funding of education and public transit in my lifetime have gotten us to this point
Fighting corporate greed in the US is in effect fighting for the rights of laborers internationally that are negatively affected by American business interests. No one who fights for this kind of change does so for selfish reasons, it's for all of us.
Also consider: where do the billionaires in the US get the resources to fuel their empires? Do they get their cobalt from slave labor mines in the Congo? Do you think maybe there is some kind of connection between corporate greed in America and people on the other side of the world making $1/day or less?
Also consider that A) things are more expensive here and B) our economy is debt based and many people with homes and cars in the US have negative income after expenses, just because aesthetically our poverty looks different, it doesn't mean that it's good. It's not comparable.
OK red scare calm down. I think you overestimate how much control capitalism gives you. Criticizing the economy does not make you a commie. If you wanna lay down and accept oligarchy because you are afraid of communism be my guest, but I would highly suggest you fight for slightly better circumstances for yourself and your neighbors.
> STOP GIVING THEM MONEY If oligarchy was limited to Bezos, Zuck, and Musk that would be easy! But billionaires kind of own everything? Our food supply is controlled by a handful of megacorps, our communication network is administered by a few others, real estate is a game for giant investment groups, health care is a fucking joke... It's impossible to elect to not participate in the economy, or at least its impractical for everyone to live off the grid.
Listen I know you think that communism means the goberment controls everything (it doesnt), but at least I can vote for my gov reps. I don't get a fucking vote when Blue Cross Blue Shield is deciding where I can go to the hospital.
Basically, if you want to make a medical assistive device, you kind of have to be all in on it, instead of trying to convince everyone that your device is the future of human-computer interaction (because its probably not and you'll just forget and ignore those communities)