• 7 Posts
  • 105 Comments
Joined 10 months ago
cake
Cake day: January 2nd, 2024

help-circle

  • Delta_V@lemmy.worldtoPolitical Memes@lemmy.worldOMG noooo!
    link
    fedilink
    arrow-up
    17
    arrow-down
    3
    ·
    10 days ago

    I think this take is mid.

    A doctor pulling in $400k a year is still working class. Even if they somehow managed to save 100% of their income, and invest it all in a portfolio that consistently grows 10% each year, and do so from age 18 to 65, then when they retire at 65 they would still not have even half of 1 billion dollars.

    The truly rich, the billionaires, can “make” that much in a few days, without having to work for it.

    I would prefer to tax the 1% until they’re working class again before we talk about taxing the top earning people who actually work for it.



  • there’s no feedback mechanism that will result in the promotion of instances with better moderation

    the federation system is inherently unstable - there’s a positive feedback loop where the instance with the most users attracts the most new users. new users have no to way to gauge the quality of moderation of an instance, and neither do disgruntled current users. additionally, members of smaller instances are less visible, which is an incentive to join a larger instance.

    “what instance?” is a rhetorical question, and the only possible answer is “never heard of it.” because there is no means by which a user could have become aware of other instances, regardless of the quality of those other instance’s moderation















  • Fractional Reserve Banking really do be that way. And it could be OK with stronger protections against bankers being able to bribe lobby politicians with funnymoney, or pay themselves exorbitant compensations. The supply of currency has to grow with the economy’s growing productive capacity, and its better if government spending isn’t the only way new currency comes to exist.


  • As the operator of the other circus once said, “all publicity is good publicity,” and “there’s a sucker born every minute.”

    And as the other clown, Dr. Strangelove, once said, “the whole point of a Doomsday Machine is lost, if you keep it a secret!”

    The idea of a Federal cemetery being “sacred” and the strangers buried there being “honored” is so far removed from the every day fight for survival of the average, brutally exploited wageslave American, the notion that starting a fight there could budge the needle on an election lacks credibility. However, injecting the knowledge into the global zeitgeist that there’s a cemetery in America where rows of uniform gravestones extend as far as the eye can see, marking the depths of USA’s brutality and Will to Power - that sends a message.