Formerly u/CanadaPlus101 on Reddit.

  • 67 Posts
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Joined 2 years ago
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Cake day: June 12th, 2023

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  • Hmm, the graph given is sus. The trend starts before the AI sector was really a thing, like literally 2010.

    If I just look at the extra degree to which it came back after covid, it’s maybe double the dotcom bubble and a lot smaller than 2008.

    Edit: To explain a bit more,

    they’re basically assuming that any growth past the corporate interest rate plus 2% is bullshit. If they’ve drawn the graph correctly that actually predicts the 'oughts recessions pretty well, but past 2010 looks a lot like it has meaningless drift.

    The big question, when it comes to whether to buy into this, is if it works across the last century. Since it’s a simple, old idea and it’s not everywhere I’m guessing no, and they did some strategic cropping.















  • Ooor everyone else is right and you’re a zealot reading what you want into a holy book.

    his union is helped on by the improved means of communication that are created by modern industry, and that place the workers of different localities in contact with one another. It was just this contact that was needed to centralise the numerous local struggles, all of the same character, into one national struggle between classes. But every class struggle is a political struggle. And that union, to attain which the burghers of the Middle Ages, with their miserable highways, required centuries, the modern proletarian, thanks to railways, achieve in a few years.

    It’s been more than a few years, and I’m not sure Marx’s imminent revolution is any more imminent.



  • What you claim is a common misreading of what Marx wrote about money.

    Sooo it’s not just me, lots of other people read it this way too.

    In other words, the need for money arose from the economic system, and gold just happened to be the best material to fill that role at the time. It’s a functional argument, not a dogmatic one.

    Sure, which is entirely reasonable if you’re writing in the Victorian era, and no other kind of money has existed to your knowledge (Europeans didn’t pay much mind to what the deal was with cowrie shells). As was the thing about the spread of railways leading immediately to global communism - it was a huge, unprecedented shift at the time. Scholarship advances, though.

    I’ll just skip the return poo-flinging, since you’re right, we might be alone. If you mistake that for weakness that’s your problem.