this post was submitted on 27 Jul 2023
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[–] [email protected] 3 points 1 year ago (1 children)

You have a pretty limited understanding of how these things work, which is OK, we are all learning.

The problem isn't that some people have more than others, the problem is how these people get more than others. Right now, you've got some people who can take your work away in the form of money at the point of a gun, and give it to who they want, including themselves. And, you have people that can print money, money you and I have to work for, and give it to whoever they want. In both ways they are essentially stealing your labor and giving the fruits of it to themselves for free. Read about the Cantillion effect to get a good overview of how the latter process works.

Without central banks, what you wind up with is a world where if someone accrues resources, they both had to have gotten it by delivering value to someone, thus making their life better, and they have to put it to good use that continues to deliver more value to someone somewhere. People in a world like that get rich on merit, and they've made the world richer in the process. We have never lived in a world where that was the norm, because before central banks you had kings. In a world like this, the common wealth centers of today would be outed for wyat they are, thugs, and have to show everyone what they are and actually run around robbing people, and in that kind of world those people get sorted out quickly.

[–] [email protected] -1 points 1 year ago (1 children)

What you said is so blatantly wrong that it’s hard to even fully disentangle. It runs counter to our academic understanding of economics to such a degree that it’d take ages to go to your comment point by point.

[–] [email protected] 0 points 1 year ago* (last edited 1 year ago) (1 children)

Communist theories are total trash as they completely ignore basic fundamental principles of human nature and economics. Everyone is not the same and everyone does not deserve everything others have. The free market makes sure everyone gets what they deserve in the most efficient manner.

The communist theories were concocted to dupe young idealistic and inexperienced collage kids into fighting for their own enslavement. Delivering all power and control into a the few hangs of the oligarchs via a top down controlled bureaucratic system. With a heavily centralized system the bankers just need to pay off and control a few key positions and they have it all. The state should be stripped of all power leaving only some bare essentials which are resilient to banker corruption.

At no point should the state have any say in any decision of the individual.

[–] [email protected] 0 points 1 year ago (1 children)

I’m talking about Keynesian and neo-Keynesian theory, my guy. Those are far from communist.

[–] [email protected] -1 points 1 year ago* (last edited 1 year ago) (1 children)

Exactly, this trash was invented by communists to bring populations to their knees via destruction of the middle class and funneling all resources to the central banks and government.

These insane communist policies have destroyed the wealth of the Western world as designed to do. Now the communist devils are unleashing cultural Marixms to mop up what is left.

[–] [email protected] 0 points 1 year ago (1 children)

Hmmm, either literally everyone who’s ever spoken about economics is lying, or you’re wrong. Which option seems more likely?

[–] [email protected] 0 points 1 year ago

Everyone you have listened to about economics is wrong.