the coming recession is gonna be nuts, a few months ago i said it wasn't gonna be as bad as 08 w/o a full tech crash, i think i'm changing my prediction. still doubt theres gonna be a full tech burst but the tech & finance crash is coming alongside the wider recession. not gonna be pretty
It's over/the dialectics are in motion
the coming recession is gonna be nuts, a few months ago i said it wasn't gonna be as bad as 08 w/o a full tech crash, i think i'm changing my prediction. still doubt theres gonna be a full tech burst but the tech & finance crash is coming alongside the wider recession. not gonna be pretty
Curious as to why you’ve changed opinion. Not that I disagree, just not as well versed in economic thought as you are
Curious as to why you’ve changed opinion. Not that I disagree, just not as well versed in economic thought as you are
mixture of inside knowledge from the industry and then just the extrapolation of how much of the rest of the economy is interwoven with finance & tech. while tech is the one who will be perceived as "bursting" or "crashing", the reality is that it's actually the finance sector taking the brunt & tech has largely been a mask/front for that sector. things are not looking good in tech and finance people are very very scared, and this is exacerbated by how bad the global situation is otherwise economically
Tucker carlson now stealing content from twitter MLs by searching "Amazing Things Are Happening In China" on the app
Tucker carlson now stealing content from twitter MLs by searching "Amazing Things Are Happening In China" on the app
https://twitter.com/backtolife_2023/status/1549276625228939264BIG BOOTY TWERKING
BIG BOOTY TWERKING
"Now we all know she has no ass. She knows she has no ass. But she's still twerking. And we have to pretend there's something moving. Your kids are commenting "she got cake" as you're watching this right now. Where is the cake? Not on our women thats for sure. Why are chinese women suddenly caked up? What's really going on?"
"Now we all know she has no ass. She knows she has no ass. But she's still twerking. And we have to pretend there's something moving. Your kids are commenting "she got cake" as you're watching this right now. Where is the cake? Not on our women thats for sure. Why are chinese women suddenly caked up? What's really going on?"

found it interesting that Neitczhe attacks on socialism comes from his readings on Duhring and theres no evidence of him ever reading Marx or Engels
if i could bring back one person back to life it would be Foucault so i could kill him again
he’s the worst french invention ever
The term revisionism is so overused
If it's not going against the core ideas of historical and dialectical materialism I don't think it's worth denouncing something as revisionist most of the time
You can have a disagreement with another Marxist without that person being a revisionist
The term revisionism is so overused
If it's not going against the core ideas of historical and dialectical materialism I don't think it's worth denouncing something as revisionist most of the time
You can have a disagreement with another Marxist without that person being a revisionist
revisionism is when you personally dislike someone
the more you personally dislike someone the more revisionist they are
crazy that if Stirner hadn't made Marx & Engels seethe so hard they polemicized him he'd probably have been a footnote of history without much attention but he's remained popular solely through having forced his attachment to them and their relevancy
crazy that if Stirner hadn't made Marx & Engels seethe so hard they polemicized him he'd probably have been a footnote of history without much attention but he's remained popular solely through having forced his attachment to them and their relevancy
the original clout chaser
the original clout chaser
first man in history to successfully do a little trolling
The term revisionism is so overused
If it's not going against the core ideas of historical and dialectical materialism I don't think it's worth denouncing something as revisionist most of the time
You can have a disagreement with another Marxist without that person being a revisionist
After all marx was the first revisionist
mixture of inside knowledge from the industry and then just the extrapolation of how much of the rest of the economy is interwoven with finance & tech. while tech is the one who will be perceived as "bursting" or "crashing", the reality is that it's actually the finance sector taking the brunt & tech has largely been a mask/front for that sector. things are not looking good in tech and finance people are very very scared, and this is exacerbated by how bad the global situation is otherwise economically
The consensus of the last 30 years was either temporarily workable or just a mistake in general
The consensus of the last 30 years was either temporarily workable or just a mistake in general
most people in the industry knew it wasn't forever sustainable but everyone also knew it was so widespread as "the" definitive way to make and/or stash money that it got out of control. you def have people who legitimately were just dumb and played along or thought it was the "new paradigm" too, the issue is it was so ubiquitous and inescapable that the large sector of the industry which just was not real eventually outpaced the "real" value of the sector, which in turn inflated the rest of the industry (and the wider economy). The mass overvaluation and fake money of said sector is going to correct, and the correction from mass overvaluation to "real" value is going to look like a massive depression/crash to everyone who isn't aware that value never really existed to begin with.
most people in the industry knew it wasn't forever sustainable but everyone also knew it was so widespread as "the" definitive way to make and/or stash money that it got out of control. you def have people who legitimately were just dumb and played along or thought it was the "new paradigm" too, the issue is it was so ubiquitous and inescapable that the large sector of the industry which just was not real eventually outpaced the "real" value of the sector, which in turn inflated the rest of the industry (and the wider economy). The mass overvaluation and fake money of said sector is going to correct, and the correction from mass overvaluation to "real" value is going to look like a massive depression/crash to everyone who isn't aware that value never really existed to begin with.
Thats pure facts
Biggest red pill I took over the last few years was the fact that yes, deindustrialisation is bad and you don't have to be a reactionary boomer to believe so
International Political economy changes a man
Thats pure facts
Biggest red pill I took over the last few years was the fact that yes, deindustrialisation is bad and you don't have to be a reactionary boomer to believe so
International Political economy changes a man
can you explain what you mean by the deindustrialization part? like in what context do you mean
so this is why theres so many communists on here
reddit.com/r/AMA/comments/dxq3w1/just_got_banned_from_ktt2_for_no_reason_very
can you explain what you mean by the deindustrialization part? like in what context do you mean
Manufacturing has certain qualities for growth that other sectors cannot match. Obviously you can't sustain an economy driven by men in boiler suits and flat caps whacking steel, but a diminished share of the population employed in manufacturing isn't good news.
As you say, it's an economy based not on real value and actual things of value (pardon me sounding like a cretin I'm not an expert). You end up with flagrant financialisation and a bullshkt economy at the mercy of financial and currency flows, the latter issue way moreso than before
A growing service sector is all good bit the fact less people are employed leads to distorted growth concentrated in select areas at the expense of broader process. It's actuak things that make our lives better not just trading on the perceived value of things
Aware this sounds silly and juvenile so if you'll let me, I'll link some studies and articles later that better get my meaning scross