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6/26/2025, 4:18:27 PM
>>508786972
>I would agree to 90% with that.
Of course.
>Global or international capitalism is the most destructive type of market structure imaginable
You're not 90% of the way to my beliefs. You're maybe 15% of the way to my beliefs.
Financial profits are mathematically impossible for most businesses unless:
1. The money for the profits is continuously created and ever faster over time.
2. Production keeps being moved to areas with lower and lower density of the domestic fiat currency or offshored abroad entirely.
Requiring that all economic activity be performed for financial profit is mental illness. It's like saying you won't eat food that's in front of you unless someone pays you to. And that's literally how capitalism works.
>But for a local market, the principles of free movement of capital to whoever can produce stuff more efficiently than others is actually good and will, in absence of patents/restrictions, move the whole market to be more efficient.
Meaningless word salad that misses the point. The money for the financial profitability of businesses and corporations does not exist. It has to be created continuously, ever faster. Who creates it decides what is done and what isn't done in society because only what he makes financially profitable through money creation is financially profitable and everything else withers and dies on the vine.
>Say, when all farmers, loggers etc
Capitalism will refuse to grow or destroy food because it's not financially profitable not to starve as a society.
>Enshittification and shrinkflation
This is the natural consequence of the perpetual inflation (caused by the perpetually accelerating creation of money) and the requirement that all economic activity be performed with the goal and reasonable expectation of financial profit.
>The capitalistic
Capitalism is the enemy of the real economy and society and of the making and doing of real things. It's a psychological weapon of mass death, destruction and species extinction.
>I would agree to 90% with that.
Of course.
>Global or international capitalism is the most destructive type of market structure imaginable
You're not 90% of the way to my beliefs. You're maybe 15% of the way to my beliefs.
Financial profits are mathematically impossible for most businesses unless:
1. The money for the profits is continuously created and ever faster over time.
2. Production keeps being moved to areas with lower and lower density of the domestic fiat currency or offshored abroad entirely.
Requiring that all economic activity be performed for financial profit is mental illness. It's like saying you won't eat food that's in front of you unless someone pays you to. And that's literally how capitalism works.
>But for a local market, the principles of free movement of capital to whoever can produce stuff more efficiently than others is actually good and will, in absence of patents/restrictions, move the whole market to be more efficient.
Meaningless word salad that misses the point. The money for the financial profitability of businesses and corporations does not exist. It has to be created continuously, ever faster. Who creates it decides what is done and what isn't done in society because only what he makes financially profitable through money creation is financially profitable and everything else withers and dies on the vine.
>Say, when all farmers, loggers etc
Capitalism will refuse to grow or destroy food because it's not financially profitable not to starve as a society.
>Enshittification and shrinkflation
This is the natural consequence of the perpetual inflation (caused by the perpetually accelerating creation of money) and the requirement that all economic activity be performed with the goal and reasonable expectation of financial profit.
>The capitalistic
Capitalism is the enemy of the real economy and society and of the making and doing of real things. It's a psychological weapon of mass death, destruction and species extinction.
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