"if you demand more pay, we will replace you with robots" is not a reason to pay people less than it costs them to work for you, it is a reason to have your corporation taken over by the state, or dismantle an unwilling state and rebuild one that does.

corporations and governments are out here accelerating your deaths so they can monetize your remains while some of you assholes go "well $15 is too much"

$15 was insufficient 20 years ago, and it's insufficient now. pay people enough to feed their babies or they will kill you.
if people have nothing left to lose they will act like people with nothing left to lose

i cannot make it clearer than this
capitalism only "works" if you have enough police per so many thousand desperately poor individuals.

capitalism only "works" if you employ enough human beings to be the face of your blatant exploitation.

go ahead and automate and watch how fast people sabotage your shit.
if your government does not keep you fed, healthy, and safe, it has no reason to exist.

government - leadership of any kind, tbh - only exists to centralise the management of common needs, so we don't all have to individually scrabble to survive every day, on our own.
anyways communism works every time, on paper and in real life. communism has always worked.

what doesn't work is trying to use communism to take care of your people while hostile world capitalists make you waste money on weapons to stop them bombing your nation into glass.
every single time communism "doesn't work" it's because britain and america make 100% sure communist nations are impoverished in their own defense, and then they use that poverty as propaganda.

if communism doesn't work, why do you spend billions fighting it?
if communism DOESN'T WORK just leave it alone and let it fail

(it won't)
communism works and the reason why your government makes you pay to fight it is because if you actually find out it works, you will put them out of their parasitic jobs. and probably out a window.
hilariously, i am not a communist. i am ojibwe. i really want settlers to be healthy and safe and happy for your own sakes, but also to feel safe enough to give the land back.

even if communism happened tomorrow, there would still be a lot of treaties and work for everyone.
if you want to respond with a load of trash about how communism doesn't work, i will need you to do the work of calculating the GNI & military budget of every 'failed' communist state, and put the resulting money into education, housing, and agriculture
it's a lot less straightforward to do this with the USA, cos so much of your military budget is siphoned off by private US corporations. this has the effect of artificially boosting your economy and dollar without putting that wealth into circulation. it goes to investors.
nevertheless, every anti-communist creeping out from under a pile of nazi literature assures me they are very good at economic maths cos they are innate logicians, so i have faith you'll do the hard work to prove yourselves, and we can look at it together.
just kidding, anti-communism is based on a load of emotions about money, religion, and masculinity, and anyone who subscribes to it as somehow innately good and freeing can only protect their eggshell delusion by pretending poverty disqualifies people from understanding poverty.

More from Economy

The argument for deficits & debt raising interest rates in the US is not increased credit risk, it is that interest rates are a function of economic fundamentals, flows & policy. Deficits/debt change those.

I can't tell if I'm agreeing or disagreeing with @jc_econ.


Increasing government spending or reducing taxes increases demand (or reduces saving). This raises the price of loanable funds or the interest rate.

In a dynamic context, more demand means a stronger economy, the central bank raises interest rates sooner, and long rates rise.

(As an aside, we are not close to the United States needing to worry about credit risk and the risks are more overstated than understated in most other advanced economies too. But credit risk is not always & everywhere irrelevant, just look at the UK in 1976 or Canada in 1994.)

Interest rates have fallen over the last 20 yrs while debt has risen. This does not necessarily mean that debt rising causes interest rates to fall. It could also mean that other things have happened at he same time that pushed down interest rates more than debt pushed them up.

The suspects for these "other things" include slower productivity growth, slower popln growth, higher inequality, less investment, etc. All of which either increase the supply of saving or reduce the demand for investment, reducing the equilibrium interest rate.

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And here they are...

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Remember, this money is just fun. If you launched a product (or even attempted a launch) - you did something worth MUCH more than $1,000.

#24hrstartup

The winners 👇

#10

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Built by @jesswallaceuk, the project is focused on highlighting the experience of developers and people learning to code.

I wish this existed when I learned to code! Congrats on $250!!
MASTER THREAD on Short Strangles.

Curated the best tweets from the best traders who are exceptional at managing strangles.

• Positional Strangles
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How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr

• When to sell
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Beautiful explanation on positional option selling by @Mitesh_Engr
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I hate when I learn something new (to me) & stunning about the Jeff Epstein network (h/t MoodyKnowsNada.)

Where to begin?

So our new Secretary of State Anthony Blinken's stepfather, Samuel Pisar, was "longtime lawyer and confidant of...Robert Maxwell," Ghislaine Maxwell's Dad.


"Pisar was one of the last people to speak to Maxwell, by phone, probably an hour before the chairman of Mirror Group Newspapers fell off his luxury yacht the Lady Ghislaine on 5 November, 1991."
https://t.co/DAEgchNyTP


OK, so that's just a coincidence. Moving on, Anthony Blinken "attended the prestigious Dalton School in New York City"...wait, what? https://t.co/DnE6AvHmJg

Dalton School...Dalton School...rings a

Oh that's right.

The dad of the U.S. Attorney General under both George W. Bush & Donald Trump, William Barr, was headmaster of the Dalton School.

Donald Barr was also quite a


I'm not going to even mention that Blinken's stepdad Sam Pisar's name was in Epstein's "black book."

Lots of names in that book. I mean, for example, Cuomo, Trump, Clinton, Prince Andrew, Bill Cosby, Woody Allen - all in that book, and their reputations are spotless.