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Cake day: August 22nd, 2023

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  • Flambo@lemmy.worldtoMicroblog Memes@lemmy.worldCoincidence?
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    8 months ago

    For those that supposedly champion capitalism, this should be a win win in demonstrating what the market does when you are no longer competitive.

    Yes, absolutely. Unfortunately it’s quite traditional only to tolerate markets as long as we’re happy with their behavior. The moment a market starts worrying or upsetting us is never “oh man, maybe this ‘markets’ thing isn’t all it’s cracked up to be”, it’s “obviously some regulation or policy is ruining this market, or it would never do this thing i don’t like”.

    So we’re stuck with the lose-lose-lose of:

    • keeping markets, their volatility, and all the shit that comes with that

    • giving up the fringe benefit of markets redistributing wealth when they collapse

    • denying anyone a chance to see clearly what it means to trust markets to manage our economy for us.





  • If the Republican party ever becomes irrelevant, Democrats will be stuck waiting to find out what their new opposition party will be. If it winds up being an actual progressive party, I don’t really see what options Democrats would be left with. Either they try to gain support from people leaving the Republican party, or they try to be “progressive enough” without losing corporate support?

    If Democrats share that uncertainty about a post-Republican future, and if they think the way most status quo actors seem to, then I imagine they’d prefer the Republican party to hang on as long as possible.

    What I think that strategy would look like: Democrats going as fiscally conservative as they can while still remaining left of Republicans. Democrats lamenting their inability to make progressive changes, all the while not investing much more than lip service towards advancing said progressive changes.