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Joined 2 years ago
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Cake day: July 9th, 2023

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  • American Capitalism, with its abundance of neoliberalism, works on the premise that given no external involvement, the market will take care of itself. Companies will make products that people like, or will be out competed.

    The American dream extends from that idea that workers can work wherever they want and have completely free movement. So if someone is smart or a hard worker, they have plenty of opportunities and will eventually be successful.

    In reality, neither of the above are true. Markets are not capable of taking care of themselves, e.g., because there is inertia, inelasticity, and barrier to entry for many high-capital businesses. Government has propped up most “desirable” large industries through heavy subsidies and tax breaks, like oil, farming, telecom, and tech. Workers do not have free movement, some from self inertia to want to stay close to roots, family, friends, but mostly from the same neoliberal policies that remove social safety nets and fail to provide everyone the basic necessities.

    Add to that the fact that a solely money based capitalist system has no ability to measure environmental degradation, wealth inequality, or population satisfaction. And the government is more than happy to step in when it’s businesses being hurt vs people - think too big to fail or propping up businesses during covid/after natural disasters.

    Even if a true capitalist system were allowed to exist, it is ultimately anti-competitive. A business in a segment that’s doing well will slowly acquire other businesses in the segment to become a monopoly. Eventually the monopoly will keep growing and acquire the largest businesses in other segments. Besides regulations, technology disruptions can break this cycle but those are fairly rare, and are mostly a recent and likely short lived phenomenon.

    Finally, capitalism requires economy and population to keep growing, in the absence of which, there is complete stagnation of movement and the system will collapse into feudalism, like what happened during the Dark Ages.

    Anyway, I think you are both right and wrong. Capitalism as people imagine it to be feeds into the ideal of the American Dream. But both true capitalism and its reality actively thwart it, by closely interlinking the economic system with the political.



  • The human elements are being stripped away along with consumer protections. So services are becoming more and more like the tech sector (like YouTube, WhatsApp blocking) where for a long time, the situation has been that decisions get made by an algorithm and there is literally no one to appeal to about them.

    Take banking as an example - with brick and mortar locations shrinking, it’s already so hard to get simple things done unless you download their app, agree to an unnecessarily long list of terms and conditions which can be changed unilaterally at any time, and your rights to sue are waived in favor of arbitration.

    We as consumers are doing more of the work that was previously being done by employees and without getting paid for it. Think self checkouts - when it started, I was very happy that I didn’t have to talk to a person if I didn’t feel like it, but now I am essentially forced to use it because there are few to no cashiers. And I’m not getting paid to do the work for which an employee was previously getting paid, nor am I paying less for my groceries as a result of doing the work myself.





  • It’s been 8 years of the lesser evil with Democrats and I’m sick of them. I cannot in good conscience support them any longer because they have time and again chosen to maintain the status quo.

    The Biden administration did many things to help Americans, most notably the Inflation Reduction Act and the student debt forgiveness. But most of it is being dismantled by the current administration. And the Dems knew this would be the case. Yet they chose to go the executive order route or the highly diluted down IRA. It’s not the people’s problem that you cannot get your party members in line. Why would we vote for you if you cannot deliver?

    Nancy Pelosi chose not to even allow the bill to prevent members of Congress from insider trading. Republicans are using it to line their pockets like never before. You want to have your cake and eat it too. Well the people are sick of your hypocrisy and it showed in the elections.

    It’s been more than a month of rapid fire gutting of the US government. What has the party done as the main opposition besides “coming up with a strategy”? Because it’s impossible to do anything meaningful without revealing how much you have gained from the system.

    The Democrats who truly care about change need to spin off their own party. That’s the only way enough people will be mobilized to make a meaningful difference in the next elections.



  • ofcourse@lemmy.mltoProton @lemmy.worldProton left Mastodon...
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    8 months ago

    I can see a company not wanting to invest resources in a social media platform without critical mass. But for a company that itself is trying to gain critical mass, moving away from a similarly situated privacy focused platform is idiotic. It signals to potential Proton users that the company cannot be trusted and it’s very hard to recover from that.



  • Any research into immigrants’ impact on economy has found that they benefit the local economy. Moreover when immigrants are picked up by ICE, e.g., during Obama presidency, research also found that jobs didn’t increase and incomes were stagnant.

    Check out this book, if you want to look at the research yourself: The Truth About Immigration by Zeke Hernandez

    From the excerpt:

    Skeptics fear that newcomers compete economically with locals because of their similarities and fail to socially assimilate because of their differences. You’ll see that it’s exactly the opposite: newcomers bring enduring economic benefits because of their differences and contribute positively to society because of their similarities.


  • Depending on the state you live in, and whether the lease specifically mentioned taking special care of the hardwood floors, this could very well be considered regular wear and tear. There does not appear to be intentional damage here.

    The landlord will also need to provide documentation prior to getting work done if they want you to cover the bill, at which point you’ll have the option to contest it.

    Check out tenant rights for your state to verify. Hopefully, you’ll also be more careful with hardwood floors in the future. Couches on wheels are no-bueno.


  • Since Reagan’s neoliberal policies, Republicans have created a vicious cycle of: government inefficient so reduce funding -> not enough resources to hire good talent and provide services -> government inefficient so reduce funding.

    IRS is the perfect example where they can only afford to go after the mid-income, while the wealthy get to openly dodge taxes.

    All this while promoting the idea that the private sector can do it better, which has led to increasing inequality in resource access, and has only contributed to more money in the pockets of executives and those same Republicans.

    We need someone like FDR again to expand government programs and show how good a well run government can be for everyone. Current Democratic leadership’s half assed policies only help to reduce their favorability because neither the left nor the right is happy.