I think you understand it correctly. π
lightrush
@protonprivacy@mastodon.social
Paging Andy!
Asking the tough questions.
Housing construction isn't funded by existing housing investment. It's generally funded by debt. Private or public, just like any other capital intensive endeavor. And debt isn't created by lending people's savings but by creating new money. By public or private lenders. (Private lenders create money too.) The only thing that is really needed ahead of time is labor, equipment and materials available. Financial capital is created on demand to mobilize those real resources.
Marxists believe Socialism is what Capitalism is necessarily leading to because decentralized markets form centralized monopolist syndicates with complex internal planning
Jesus fucking Christ, I was just talking to a friend about how big corporations with hundreds of thousands of employees resemble centrally planned economies, and how consolidations creates them all around us and the only thing stopping them from becoming fewer is the attempts of some governments that haven't been regulatory-captured yet to stop it. But regulatory-capture increases with wealth accumulation so if you keep running the system, it tends to total central planning. I haven't read Marx and neither has he.
On a separate but related point - what stops the system from being somewhat disrupted by labor in a way that redistributes huge amounts of the accumulated wealth, restoring the regulatory regime in favor of labor and restarting the cycle from that point, then repeat. In other words, what's stopping it from doing a depression-FDR-redistribution every 100 years? I can absolutely see the inevitable end without labor intervention but to my current brain it seems possible to maintain it with. Is this wrong in some obvious way?
Your PC is an unused server.
Also the last democratic presidency has sucked a lot less corporate than previously.
This is one of those situations when you just nod and take the endorsement.
Well it's not the government doing this it's private insurance companies. You're free to shop around or start your own insurance company. This makes me feel much better about gatekeeping healthcare. π¦ πΊπΈ
The repair:
It's not exactly trivial if you have to change the connector of the replacement battery, but it's not difficult either. AAA batteries would be way simpler and safer for most people.
An army surplus ammo can with its gasket removed.
Thank you! π