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Originally posted by DEERSPINE GUY View PostYOU CRACKED ME UP..
"LOOKS LIKE A BEARS FAN LIVING ROOM AFTER THAT GAME".DB
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I think the extra $600/month unemployment benefit ends in July. That will a big difference to people. I'm not sure how wise that was but, regardless, it's going to be tough for lower income people to lose that.
I heard a stat that it won't be until 2029 that employment returns to pre-covid levels. The entire economy is going to change.
We need a stable genius to figure this out."Listen to McCarthy" - Art Vandelay
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Originally posted by Dim Bulb View Post
That's funny. There are many people in the government and in large companies that were very concerned about escalating social unrest due to the worsening of economic inequality in the next several months. Unemployment is going to be an issue and even worse will be vaccine rollout. One executive told me that the vaccine rollout is going to be really challenged and rich people and first responders will get it first. Poor people and poor countries won't be anywhere near the front of the line. He compared it with the MMR vaccine, of which 10MM doses are produced and delivered annually. In the US alone, assuming that the CV vaccine is a one dose (far from determined), they'll need 300MM. Production and delivery are gonna be hard. And if the federal government doesn't step in to plan it from a logistics and production standpoint it's gonna be a nightmare."LIFE IS FULL OF 4TH AND 1 DECISIONS, CHOOSE YOUR NEXT CROSSROADS WISELY.
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Originally posted by DEERSPINE GUY View Post
Ok. WHAT'S THE CONNECTION BETWEEN WHAT IS HAPPENING IN MINNESOTA WITH GEORGE FLOYD AND A VACCINE? SERIOUSLY ASKING.
I'm an institutional economic Marxist and a political capitalist (Trumpers don't bother engaging with me on this you won't be able to grasp the distinction and will probably call me a socialist or some other dumb shit). And so I agree with McCarthy on what he says about the six hundred. I believe everything comes down to economics. But that six hundred, as you suggest, McC, was in my view pretty dumb because it provides an incentive not to work. On the other hand it shows you LOUD AND CLEAR how worried the government was and is about unrest. Now that the powder keg is lit on this racial issue, it can bleed into the coming economic bad times very easily.
Having said that, we're handling this pandemic better than we handled any other pandemic in history, everyone's saying so.DB
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Originally posted by Dim Bulb View Post
Fair enough, my post was garbled. Put simply, the government was worried even before this racial event that there was a good chance of social unrest due to economics. Now this racial event has lit a match to a vat of economic insecurity, people will use it to vent their frustration. Sixty million voters in 2016 vented their frustration at their plights by voting for a buffoon. Now a different subset is voting with bricks and arson and stuff. That's how I connect them.
I'm an institutional economic Marxist and a political capitalist (Trumpers don't bother engaging with me on this you won't be able to grasp the distinction and will probably call me a socialist or some other dumb shit). And so I agree with McCarthy on what he says about the six hundred. I believe everything comes down to economics. But that six hundred, as you suggest, McC, was in my view pretty dumb because it provides an incentive not to work. On the other hand it shows you LOUD AND CLEAR how worried the government was and is about unrest. Now that the powder keg is lit on this racial issue, it can bleed into the coming economic bad times very easily.
Having said that, we're handling this pandemic better than we handled any other pandemic in history, everyone's saying so.
Seriously, without asking you to go into crazy detail, what’s the distinction? Is it something like - a lot more workers rights and benefits ( via more ownership) in the institutions and corporations they work for while performing in a capitalist environment?
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Originally posted by Drama Queen View Post
An institutional economics Marxist and a political capitalists.
Seriously, without asking you to go into crazy detail, what’s the distinction? Is it something like - a lot more workers rights and benefits ( via more ownership) in the institutions and corporations they work for while performing in a capitalist environment?DB
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Originally posted by Dim Bulb View Post
No as a political system Marxism is a horrendous failure (except maybe in the Nigerian implementation). As a way of explaining microeconomic dynamics his constructs are brilliant. History is moved by economic market failure and institutions arise to fill the gap when the market fails. Or maybe I'm just full of shit.
Marxism is a brilliant way of explaining the economic dynamics even if it’s wrong.
Drama Queenism is economic and political Capitalism with slight institutional governance over corporations for baseline protection of proletarians. Queenism is about more proletarian ownership beyond 401k stock ownership, but with no clear vision of how that should look. It is also about institutional requirements of corporations to have trickle down disaster funds that pay employees for an allotted time during corporate hard ship such as a pandemic, thus avoiding Institution blanket payouts as mentioned by McCarthy (ism)
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YOU ALL MAKE AMAZING POINTS, BUT MAN DID YOU SEE THAT TV? AND THAT GRILL, ALMOST LIKE SOMEONE BURNED SOMETHING THEY SHOULDN'T HAVEISM.Last edited by DEERSPINE GUY; 05-29-2020, 09:24 PM."LIFE IS FULL OF 4TH AND 1 DECISIONS, CHOOSE YOUR NEXT CROSSROADS WISELY.
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Originally posted by Drama Queen View Post
Can the proletarians and the bourgeoisies get along just once!
Marxism is a brilliant way of explaining the economic dynamics even if it’s wrong.
Drama Queenism is economic and political Capitalism with slight institutional governance over corporations for baseline protection of proletarians. Queenism is about more proletarian ownership beyond 401k stock ownership, but with no clear vision of how that should look. It is also about institutional requirements of corporations to have trickle down disaster funds that pay employees for an allotted time during corporate hard ship such as a pandemic, thus avoiding Institution blanket payouts as mentioned by McCarthy (ism)
I also believe that modern corporations can in fact create a Marxist revolution by creating cultures that do not alienate workers from either the means of production or from the fruits of their production. No corporation would put it that way, but when they talk about the triple bottom line and public benefit corporations, that's what they're doing.
On the $600 payments, they were just throwing money at it so that people wouldn't riot in the streets. Oops.DB
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