capitalism
capitalism
Out of context: Reply #423
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This argument that “we shouldn’t destroy the economy to save a few lives” is just not an accurate representation of reality. It could be debated on principle, but not with our current situation.
First of all, we haven’t “destroyed the economy”. Markets are down and trillions in bailouts are being created, but we’ve barely entered a recession. It’s not that bad, it’s just that no one likes a downturn. But “destroyed”? Ha! Gross exaggeration.
More importantly, a recession was predicted and expected long before we knew covid was coming, we just didn’t know what would trigger it. Economists pointed out that Trump was artificially propping the economy up without risk mitigation (interest rates). Trump likes to gamble. His business has done this for his entire career. You can’t now suddenly pretend that if it weren’t for Covid we would have had endless growth. But even if you DO pretend, you still can’t fairly argue that letting Covid rampage through the population would somehow happen without any negative effects on the economy.
Again, it’s ok to debate this in principle, but not in practice.
- Reasonable argument.grafician
- You think trump has real effect on markets besides jawboning? You think 2008 was ever dealt with? and isn't just an effect of 2000 and 89 and so on.deathboy
- and what do you mean ok to debate in principle and not practice?deathboy
- And I'm not sure you understand the fake wealth this is destroying. Companies like tesla and netflix exist on cheap debt. 40% of public traded companies aredeathboy
- zombies existing on cheap interest free flow capital from central banks. How many do they employ? If we are looking at 30% unemployment from this....deathboy
- well its going to change a lot. And if the gov decide to print its way out we will likely see inflation bigger than the 2008 bailout asset inflationdeathboy
- and those kinds of stresses on people trying to survive... see what happens politically. Global debt reset and new accords of about leveraging power with petrodeathboy
- or using IMF/pboc to force 3rd world countries to supply us while keeping them down through debt servicing and predatory loaning for politcal regimesdeathboy
- on the health aspect. More than likely it's going to kill a lot. Is that bad? A certain sector of population supported by public care would be clippeddeathboy
- that sector also being the largest reason to charge larger premiums in health insurance costs. And basic darwinanism. What doesnt kill u makes you stronger.deathboy
- As a species natural immunity is huge. we seen our drugs don't make us safer, they just make the viruses stronger, and now we are desperately trying to blockdeathboy
- them. It's not unthinkable that we are creating our own mass extinction event through science.deathboy
- I dont know if what we are doing is right or wrong right now. But im leaning towards wrong for the long term consequences of it.deathboy
- and i also wonder if so many easy years has made people soft. the idea of how we deal with the dead, and look at life. And in comparison to other beliefs likedeathboy
- climate change. the hypocrisy in value. wipe off less than 1% of humanity and burn them in a ditch. vs how many lives lost in the disruption. starvation, murderdeathboy
- suicide this is going to cause. How many totalitarian states will get a start and suffering. I feel like this is a lot bigger than we want to believedeathboy
- lol. what‘s your personal goal in life deathboy?uan
- pretty sure it's to flood the comment section with his nonsense and stop any reasonable debate from taking place.scruffics
- haha, still reactionary garbage. he's getting there though... from 'the markets are a natural system' to the markets are predatory andkingsteven
- confusing Darwin and Friedrich Nietzsche... IN TWO MONTHS, another couple and he'll be all about the labor theory of value and Marxist by Christmas :Dkingsteven
- Seriously though @db use this time to open your eyes to whats real in the world. Folks criticising china's 'fake' economic growth in support of a system thatkingsteven
- requires continuous exponential growth. It's wild, what we're seeing now is the first reshaping of the propaganda of capitalism to weather a crisis...kingsteven
- there is no permanence of vision, it is just a belief system.kingsteven
- Ian my only goal ... I guess is to live freely. In mind spirit and economically to my ability. If I fail it's my own. If I achieve it's my owndeathboy
- But only my own if it's truly free. Or at least a set of slow need n changing arbitrary rules for consistencydeathboy
- King I touched on different aspects in my rant. I wouldn't associate any with any indoctrinated thinking's outside relativity. Einstein relativity always reallydeathboy
- The best lensedeathboy
- However and your I doctrinated shit talk about capitalism propaganda end of days is nutter. It's not a fuckin religion. It's more sciencedeathboy
- Trading of value for value based on system of value... That system of value is the problem that got fucked long after your herosdeathboy
- It's the only objective method of rewarding value equally on merit. Yes your mmt is possible but only as servitude and based on nation states pulldeathboy
- There is no objectivity. It's more hunger games with elite deciding which will end badlydeathboy
- Do you think China civilization is the best? After all it's most like what u wantdeathboy
- Based on what u Are against so CE u never really lay out any form of what u wMt or how it would work...deathboy
- Are u Bernie Sanders?deathboy
- Wait no he laid out what he wanted and that was to be president or have his wife's friend media company make bankdeathboy
- As far as debate I'd still like nb response to my question. Scruffics theory wrecked...deathboy
- If you want people to debate you, you'll need to communicate more clearly.nb
- People won't put in the extra effort required to comprehend your incoherent ranting, no matter how important you think you are!nb
- im not trying to make it easy to debate. no coercion, strings, platitudes. not going to be like "hey great point pal, how about this"deathboy
- sometimes my points are messy because of poor typing and character limits, but its there for anyone that wants it. u get it cool u dont cool whateverdeathboy
- but NB howcome you didnt answer what you meant in the simple question what do u mean cant debate in principle but not practice?deathboy
- basically you are tossing out a finality. like sure talk about outcomes but nope wont do an action no matter outcomes. its like talk about abortion butdeathboy
- nope not happening. really sounded super closed minded. and really says you can debate but i wont hear it. so yea is that not what u said?deathboy
- if that isnt clear enough....deathboy