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  • Then do you want to explain the 1:1 correlation between interest rates and inflation?

    Or this investopedia article?

    https://www.investopedia.com/ask/answers/12/inflation-interest-rate-relationship.asp

    And a market crash would be something like the Great Depression, where there was world-wide hyperinflation and money was worthless. This specifically happened because the gov refused to bail out corporations.

    The closest that we’ve gotten was Covid. But even then, it was understood that there would be a recovery after vaccine deployment.

  • That’s fairly idealist of you to claim that.

    Why is it idealist? Three reasons:

    First of all, the means of production, (and through which we can sustain the population density in the states) is industry. Without industry, farms will not be able to generate enough yield to sustain our population density.

    Secondly, suppose that a revolution happens, and the American experiment is ended. Will the workers and the people who have revolted, agree to give the means of production to the aboriginals, essentially placing them as a new ruling class? It would be against working class interests.

    Thirdly, human society will organize themselves in response to material conditions. In the case of the capture or gifting of the industrial mode of production to the aboriginals, the previously equitable aboriginals will reorganize themselves to for a new capitalist class.

    A more equitable solution is to have aboriginals take part in the revolution and subsequently collectively own the land and means of production alongside the working class.

    Racial and other hierarchies are developed in response to not just capitalism, but rather property, the defence of property, and the conquest of properties. As it is, whiteness is just another word for the capitalist class, as representative for the ruling hierarchical class. For example, Obama is white.

    So, to get rid of whiteness, you must change/reorganize our current mode of production. (A la Lenin) But to have enough bargaining power to do that, you must organize across all the intersections.

    And how do we do that? By focusing on our common interests, organizing around our common interests, and fighting for our common interests. How do we not do that? By focusing on our differences and hiding the capitalist contradiction through arguing about the contradiction between intersections.

  • What Volcker did wasn’t special. Interest rates must be raised or lowered in proportion to inflation caused by supply or demand disruptions. That’s it.

    It’s one of the many maintenance mechanisms needed to maintain capitalism. If handled incorrectly, without centralized control, the economy will crash every time there’s a disruption. That’s why we say there’s no such thing as the free market.

    In this case, interests rates were raised in response to the 1979 oil crisis causing massive inflation. It’s not a conscious choice or a change in policy, but rather a response to material conditions.

    As a result, this is why you need to look at trends on a longer scale in order to even out these disruptions to find the macro trend. And these macro trends usually have to have something huge as a root cause, like the fall of a rival superpower. Not a temporary increase in interests rates.

  • First of all, racism isn’t mandatory for us to make a living. Thus, there is no material basis for racism. And because there is no material basis for racism, we can much more easily organize collective bargaining power, to use direct democracy, to remove the structural barriers causing segregation.

    Secondly, naming it had devolved into a mental shortcut that’s been exploited and perverted to advance practices that lead to more racism, or to practices that’s intensified racial discrimination.

    Lastly, universities still admit based on academics. What we’re doing is changing the groups that you’re selecting the top performers from, from race to income. So for example, if you have to admit a certain number of students from each district, proportional to the population of that district, then that will vastly increase the equality of university admissions, because it normalizes for education conditions. Failing at that, you will decrease the amount of segregation in society as a whole, as more affluent families move to poorer school districts for a leg up. So, it’s win-win really.

  • Colonialism is not contradictory within the US, but rather between the US (specifically US corporations and client state corporations) and other states. (As opposed to the internal fascistic capitalism within the states) As such, we can have racial equality within these corporations, but the global systemic hierarchy / international contradiction still remains.

    2.

    There is data confirming that the benefit from imperialism is marginal in the working class in the US, with this data specifically being how the real average wage of production and non-supervisory employees have not increased significantly. We can see the same trends in heavily exploited countries such as Mexico, with the conclusion being that a good part of America can literally be compared to an over exploited third world country.

    3.

    The contradiction inside the US is and always has been between the rich and the poor, and segregation has been just a means of preventing organization. In other words, contradictions between races have been intensified to the point where it overwrites the primary contradiction.

    However, material conditions do not enforce the contradiction between races, and this is just a facade; our current method of production (the methods which we use to put food on the table) does not necessitate segregation by race. What enforces segregation and racism is the structure put in place by our bourgeois dictatorship.

    1. Why not both?

    Yes both, but not the way the liberals do it. You can’t solve racism by policing microaggressions or letting more black people into Harvard. You do it by organizing around a mass line, with goals to removing the segregational rules and policies that not necessarily affects only race, but also wealth.

    The same method used to invoke qualitative change can be used.

  • If the inflection had happened in 1983, then the profit margin wouldn’t have fallen to all time lows in Jan 1992.

    If the Soviet Union did not dissolve, then there would still be a bipolar world order, and profit margins would have stagnated due to a lack of opportunity for exploitation.

  • The way to fix racism is to stop referring to things in terms of race, but rather in terms of wealth.

    Addressing racism ironically frames the problem in terms of the in-group and the out group being segregated along lines of race. A more materialist framing is with the in group and out group along the lines of wealth, as that is the dominant factor determining your quality of life.

    So for example, instead of trying to make university admissions representative of population demographics, we should be pushing to accept a fixed proportion from each wealth bracket.

    However, that’s not to say solidarity movements are not productive. It is of the utmost importance to join with these movements and support these movements. The most important reason is to avoid segregation along race lines. The second reason is that we often have the same goals, and a class analysis can advance their agenda and prevent it from being derailed by capitalist forces.

  • As I said, look at the trend. There’s only one major inflection point throughout the entirety of the data, and that’s in 1990, corresponding with the collapse of the USSR.

  • Or you can take a look at the link I posted.

  • Publicly traded assets grew on the scale of 15-30% annually, over these two years

    That’s the covid recovery. When looking at ROI trends, you need to look at 10 yr blocks.

    Furthermore, ROI is measured as profit margin. Currently, there is a trend upwards, the start of which corresponds to the fall of the Soviet Union.

    https://dqydj.com/sp-500-profit-margin/

  • Funny enough, I’m learning how to stick weld.

    The hardest part is that you have to maintain a fixed distance between the tip of the electrode and the surfaces, without touching them.

    It’s like a game of operation.

  • I think that just by making this post, you already know how this is going to play out.

  • At the very least, these indicators can be viewed as how much their conditions could potentially improve.

  • Measures such as the stock market and GDP were meant to act as proxies for measuring how well the economy was accomplishing its stated purpose, which is to improve the standard of living for everyone.

    I would argue that they aren’t and never have been a measure of how well the economy is at distributing resources. Stocks haven’t been accessible to the working class until recently. And GDP is neither normalized to PPP nor gives any indication as to its distribution among the populace.

    The “economy” (read: bourgeois economy) has never been connected to the masses. If you measure how well businesses are performing, then it only tells you how well businesses are performing. That’s why these indicators are lagging and not leading.

  • Remember when we ran out a rocket scientist that went overseas and gave China ICBM’s? Let’s do that again.

  • I recommend channel 5 news’ coverage of the immigration “crisis”. It’s a three part series, only two of which is currently released

    https://youtu.be/2dQ4-VNaG3s?si=Fc0hTaGFH77Uk0ff

  • Yea, I just want to give you some context going into the speech.

  • Education Hub @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    An anarchist describes historical materialism

    The Deprogram Podcast @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    Wake up, bae. New JT video just dropped

    Comradeship // Freechat @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    Why do Brits make so much better content than Americans on YouTube?

    I’ve been on a bit of a video essay binge as of late, and most of the good shit has been from Britain, whereas American content creators are mostly reactionary.

    What gives?

    Europe @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    How Denmark Destroyed Greenland: Brief History of Denmark's Colonialism in Greenland

    Comradeship // Freechat @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    The most reactionary shit I’ve seen

    A while back, I infiltrated a far right message board.

    I happened upon a conversation between two Neo Nazis arguing about the holocaust. One of them was arguing that the number of victims were exaggerated. The other was arguing that it didn’t happen, that it was a fabrication, but it should have happened.

    First as a tragedy, then as a farce.

    Late Stage Capitalism @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    The most overwhelming piece of evidence for world systems theory. (Sort by country)

    If you click the countries tab, you’ll find a table with countries, and the number of cases as a respondent state vs cases that corporations in their state have taken out against foreign states.

    If you put it in excel, and sort by largest number of cases as a claimant state, you’ll find that the US, the Netherlands, and the UK as the biggest exploiting countries. (Which actually explains how the Netherlands got so rich, their tendency for nationalism, and why the bourge was pushing so hard for brexit)

    Sort by most cases as a dependent state and you’ll find that Argentina, Venezuela, Mexico and Egypt as the countries that are the most exploited.

    Some countries like Spain and Russia are both exploiting and exploited. China has surprisingly few cases despite the breadth of its operations.

    Late Stage Capitalism @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    How Corporations Overthrew Democracy | Matt Kennard

    Late Stage Capitalism @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    United States Distribution of Personal Income (with annotations)

    There’s nothing I love more than using company time to analyze stats. Today’s subject of analysis is the income distribution in the US.

    We can tell who the bourge are, from where their income comes from. I’ve highlighted the boxes showing that the top 10% (of households) gets most of their income from business earnings and dividends.

    Similarly, we can see the massive difference in monthly income from the 70-80% bracket to the 80-90% bracket to be 3400/mo, and the jump from labour aristocracy to the bourge to be 21000/mo, generated through capital and the exploitation of labour.

    Information is from BEA. Search “distribution of personal income”.

    The accuracy of these figures are corroborated by Table 2, showing annual mean household income to be $106,000. I have no idea why the popular narrative is that median household income is $76,330.

    World News @lemmygrad.ml
    Ronin_5 @lemmygrad.ml
    World News @lemmygrad.ml
    Ronin_5 @lemmygrad.ml
    World News @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    The real objective of the USA is the military annexation against Venezuela

    Comradeship // Freechat @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    Stories, Our perception of self, and its propagation

    It’s not too far of a stretch to say that our ideologies are derived from the examples around us. After all, it is the basis for materialism. But when those examples are based in ideals, then we wrap ourselves in a lie and our ideology is manipulated to the benefit of others.

    Why am I writing this? Because propaganda doesn’t work if you know it is propaganda. Or maybe it does. But either way it’s worth a shot.


    Stories

    The prevalent ideal, and the structure which we are taught to perceive ourselves, (in the west) is the monomyth; the hero’s journey.

    The hero’s journey is a story about individualism, where answering a call to adventure will result in the hero coming home not only better off but the struggle results in his transformation into a “great man”, tying into great man theory, which states that great men are heroes who are able to rise against the odds and defeat rivals while inspiring followers.


    our perception of self

    So as this is r

    shitposting @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    Mao’s works summarized

    On Contradiction: “actually fucking talk to your comrades and your enemies, and maybe you’ll find some common ground instead of coming to fisticuffs”

    On Practice: “touch grass”

    Comradeship // Freechat @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    Breaking the sound barrier using airguns

    I’ve gotten into playing around with air pistols lately as a good way of practicing. Going into this subculture, I found this practice called dieseling. It’s when you smear some kind of gel like lube or petroleum jelly around the pellet to create a better seal to maintain a higher pressure behind the pellet to give it better velocities.

    But then I came across some claims that air guns were pushing pellets up to 1500 fps. If you google air guns breaking the sound barrier, you will find all sorts of these claims. This is physically impossible because the speed of sound is the limit if you’re using air as a propellant.

    People think that “compression of gasses” detonates the propellant, making it achieve supersonic velocities, which doesn’t happen since the pellet is propelled by decompressing gasses.

    Like. God damn. I will be smearing some vegetable oil around my pellets though.

    World News @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    As a follow up to the oil deal between China and Saudi a couple years back, BOC opened a branch on Saudi soil.

    I can only speculate as to the purpose of this, but I think this is to facilitate both investment into China, and oils purchases in Yuan. Both of which will weaken the concept of the petrodollar and US hegemony.

    If the world’s most prolific oil producer starts selling in yuan, then that will provide a route for development for sanctioned oil producing nations like Iran and venezuela.

    Comradeship // Freechat @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    We need to start getting into more accidents.

    Or start overlaying theory with dashcam footage.

    World News @lemmygrad.ml
    Ronin_5 @lemmygrad.ml

    France destroys wine stocks due to lack of demand; only in capitalism.