this post was submitted on 20 Jan 2025
14 points (71.9% liked)

Ask Lemmy

27820 readers
1708 users here now

A Fediverse community for open-ended, thought provoking questions


Rules: (interactive)


1) Be nice and; have funDoxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them


2) All posts must end with a '?'This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?


3) No spamPlease do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.


4) NSFW is okay, within reasonJust remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected]. NSFW comments should be restricted to posts tagged [NSFW].


5) This is not a support community.
It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.


6) No US Politics.
Please don't post about current US Politics. If you need to do this, try [email protected] or [email protected]


Reminder: The terms of service apply here too.

Partnered Communities:

Tech Support

No Stupid Questions

You Should Know

Reddit

Jokes

Ask Ouija


Logo design credit goes to: tubbadu


founded 2 years ago
MODERATORS
 

True spicy unpopular opinions. There's just something about them that always gets people riled up and they always feel that they've got to attack it because they're emotionally charged.

And no I'm not talking about unpopular opinions made for edgy purposes like "DEM *****S SHOULD BE BACK IN PLANTATION!" shit. I'm talking more thought out, articulative kinds and opinions that just come out of someone's belief against the major tide of the hivemind.

I've spoken of opinions on Reddit, on here, on Facebook and a couple of other platforms. Everytime it's the same thing, people are attacking it and unable to engage in a discussion. They always assume I'm just here to listen to myself talk and just looking for people to only agree with me.

I don't give a fuck whether or not you agree with me. Opinions aren't facts or anything. But I don't have the patience for emotionally-charged people that's going to come on in and just throw down for no reason.

So I think nobody is ready to handle these kinds of thoughts.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 0 points 1 week ago* (last edited 1 week ago) (1 children)

Oh, it's not about net worth

It is though. My original post was: I don't care if there are high net worth individuals. Did you switcharoo my own opinion?

There's quite a few falsehoods in your comment, such as:

Monetary policy is a tool to affect the distribution of money, it does not itself extract or inject value.

Au contraire, it affects inflation, severily, and therefore the relative value of your savings and past work.

Very few companies run at a loss for long

The options for a company are not limited to divident/buyback vs run at a loss, as you seem to be implying.

Taxes only extract value with corruption.

So looking at history, it's only a problem in every government that's ever been?

All profit is on the back of the workers

Not necessarily. Examples: (a) How would you price a service like insurance? (b) how would you value the engineer of a new type of bicycle hub? He hasn't left his computer, didn't touch a single nail. (c) How should the inventor of a song be renumerated? Is the value created, that people are paying for, solely the network engineers at spotify?

To summarise: Any money taken away from the people doing the work, directly or indirectly, is exploitation.

I'm afraid that that's a conclusion based on false arguments.

[โ€“] Brainsploosh 1 points 1 week ago

Then perhaps we are starting from different points, my model is basically that an economy is a closed system until either a) resources, innovation or performed work inputs more value or b) these are removed from circulation.

Under that model inflation, services, taxes, are all value neutral for a certain scope of economy. Your private finances are of course going to be affected by taxes and inflation, but total world or even national economy not so much.

To put it in simpler terms, all goods and services exchanged for money don't change the economy as long as that money gets spent again.

It's a simplified model ofc, it doesn't take into account for example moving value between countries/markets (how do we account for stuff sent into space? Or sent to other countries?).

To help with understanding your perspective, could you kindly explain how high net worth individuals come to their situation within your model?