>>938708971
Your quote is absolutely wrong and exactly why Marx is wrong. The whole premise is wrong.
I suppose it does depend on one's definition of temporary though, which is a complaint I have about many capitalists, as well.
the invisible hand works on its own timeline, which may be minutes and may be days or weeks, but is often years, decades or generations. Most top-down policies ignore this.
Take housing:
1981: need full 20% dp and rates 10%+; houses $70,000
2021: 30+ years of 3-5% down payment requirements and sub 10%rates (15 years of sub 5%) houses cost $400,000
Payments in both cases roughly 35% of median income.
The lower rates and down payment requirements meant more demand bc more people could afford the homes, thus driving up the price of the commodity. it took 40 years and there was a correction, but the invisible hand said "bitch, this what home ownership in the US is worth. you can fuck around with the loan requirements all you want, but it is what it is."
2025: home prices now $500,000 and payments around 40% median hh income. will probably continue to rise a bit, but then we will get lower rates and more supply and it will come back down.
and to my original post, are you saying that in time of famine, you would not steal grain or start farming on your own for your own benefit . That if you, say, gave up 1/10 of your meager millet ration each meal in order to use your time and labor to cultivate a crop of your own and if your crop was mildly successful and yielded enough to feed 5 people decently, that you would not hoard all/most of this for yourself and family? or would you share it with the other 30,000 people in your community so that everyone including you and the layabouts gets one extra millet grain, even though you gave up 3,000 to start with?
