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Joined 2 years ago
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Cake day: June 9th, 2023

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  • We are heading into a feudal system of a sort. The wealth gap is absolutly massive and the only way to end up in the upper class is to inherit. As per usual the population feels that the system is unfair, but is unable to see the real problem. Media is really pushing far right talking points, as the upper class realizes that the system is broken and a real revolution is a problem. Thats how the US ended up with a de facto monarchy. The UK is moving towards that pretty quickly too.

    The good news is that Labour might make some really usefull changes. Mainly end first past the post to prevent Reform from taking over. That might very well allow left wing parties like the LibDems and Greens to win more seats and change the narrative.


  • The gamble just doesn’t really seem worth it.

    China is not invading Taiwan. However if it comes to a war with the US, then it really has to take out Taiwan. It is just too close to the mainland, allowing for easy bombing and missile attacks, while als being able to cut off shipping from the mainland. Obviously the US likes that a lot, as it makes war against the US much more costly for China.

    At the same time leaders often make horrible decisions. Just look at the US invading Iraq and Afghanistan or Russia invading Ukraine. Clearly not good wars for the countries invading, but they still did it.









  • Customer and member are not the same thing. A member owns a share of the business and has a vote, with cooperatives having one vote per member. That makes it different to company stock. For consumer cooperative like credit unions, most customers will own a share in the company, but it is not a requirement. For example when you withdraw money from a credit unions ATM, you are a customer of the credit union, but are not necessarily a member. There also are workers cooperatives, where the workers of the company are the members.

    Also cooperatives are meant to benefit their members, which makes them different from charities.




  • I am not saying media is not bias, but that some media just spins the truth, whereas others do not have a problem with fslse reporting. After all tankies are called tsnkies, because they ignored that the Soviets used tanks to violently get rid of the Prague Spring. This happens on the left as well.

    And yes that is why I like reading economics news websites like the economist. They report on subjects left leaning news tend to not care about, but which can be incredibly important. Also with rich people using their reporting as a bases for invedtments, makes it hugely important that they do not outright lie. Commentary on them is horrible though, unless they go somewhat agsinst the neoliberal norm, which is rarer, but usually some of the best stuff.