• 8 Posts
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Joined 3 years ago
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Cake day: August 17th, 2023

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  • It will align your interests with those of companies, since your wealth will go up and down based on company valuation.

    So if the company you work at does well because they’ve cut salaries and their stock valuation goes up, then you’ll get that dopamine hit even though you’ll be worse off overall.

    I will also tell you that the stock market returns vary greatly from 52% to -43%. So unless you’ve got the capital to weather these downturns, it’s not a good way to live.

    These percentages are also deceptive in that a return of -50% means you need a return of 100% to get back to where you were.

    I can’t tell you if it’s good or bad, because investing as a retail investor won’t change your class, but this is what you’re getting into.

    Also, if you’re not a Marxist, how did you get past the vetting?








  • Did you get your history from grave of the fireflies?

    Hiroshima and Nagasaki were heavily industrialized and wealthy cities. The victims weren’t starving. This was a society who imported slave labour from conquered territories to work those factories and left them to die after the bombing.

    All of these resources extracted from their colonies were used to genocide the people within those colonies, including my great grandparents and the great grandparents of tens of millions of others.

    China suffered the (second) greatest number of civilians deaths by country, with the total death count at 19.5 million (possibly an underestimate), exactly because the Japanese were trying to ethnically cleanse the Chinese. The atom bombs killed a maximum of 250k people. Even if 8 more atom bombs were dropped (1M deaths), it would be less than a 1/10 of what the Japanese did.

    We’re seeing history repeat itself because two bombs obviously wasn’t enough. Their society had not even quantitatively changed from back then, just that WWII had imposed a pecking order in the west. Given the opportunity, they’d do it again with the majority of their population supporting it.

    So yea, I can joke about nuking Japan (more), because nuking Japan 10 more times wouldn’t even be a proportional response.











  • IMO, you should learn how to characterize imperialism, exploitation and socialism in terms of macro-economic indicators.

    For example, imperialism is the highest form of capitalism, characterized by the exploitation of an entire country. How would that manifest? Inevitably, there will be disputes between the investor and the state, as contradictions arise between capital concentration/export, and the state’s need to provide for their people. This is tracked through investor-state dispute settlements.

    I did a post on this a few years ago.

    https://lemmygrad.ml/post/3066117

    What’s notable about China is that despite being the country with the second most imports in the world, it has significantly less ISDS cases as a claimant state, less than Russia and comparable to Greece and Belgium. (circa 2023)

    https://imgur.com/a/qiko10x