"trickle down" economics may actually be a misinterpretation of the actual effect if an economic system is "leaking" and trickling down, it is actually a broken system. like a hydraulic system, the purpose is to maintain pressurehttps://twitter.com/a_yawning_cat/status/1396119153723904003 …
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money has no intrinsic value, it's the movement that allows information and promises to chain and create real world "alchemical" transformation. i can turn my typing-at-a-computer into a pizza made from ingredients all over the world.https://twitter.com/a_yawning_cat/status/1393217133492924419 …
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a "company" in a country/state basically is an entity that creates its own (semi) closed loop system "trickle-down" wealth isn't actually excess resources being drained from the system but being PART of the systemhttps://twitter.com/a_yawning_cat/status/1396119167439306755?s=20 …
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e.g. if u were working at a large company like apple, the company would be the blue whale and u'd be a barnacle or some sort of symbiotic teeth cleaning fish you don't "eat" the whale to become bigger. you play a niche role within a larger ecological system
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the whale on the other hand does EAT from the larger ecosystem and becomes bigger. its wealth "grows" and can support more barnacles and stuff the bigger it gets the more employees it can support but there is no "trickle" down b/c its emphasis is on its own growth.
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once the symbiotic relationship turns parasitic, the additional elements are ejected because they no longer serve the ecosystemhttps://twitter.com/a_yawning_cat/status/1384562982844129285 …
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so the way that big wealth creates wealth for the little guy isn't that so much abundance is created that it bursts from the ground like a geyser providing free excess for everyone but that as it grows it forcibly integrate everyone into the ecosystem for better or for worse
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interesting result of this line of though is that capitalism works best in environments where the population wants to BELONG to sth its success in the US may be bc despite the appearance of snowflake specialness and rugged individualism, americans r easily ASSIMILATED
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e.g. the stereotypical one who makes their career their whole life. or dedicates their life to some moral mission these r ways of eliminating the individual. not emphasizing it
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contrast to china where even though the culture is homogeneous everyone is mostly selfishly out for themselves trying to build their personal capital and move it out of the country if they r rich enough to do so
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the hipster and f-150 buyer and the louis vuitton and vancouver housing buyer are at the heart the same both use consumption as the primary method of individuation
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so their mutual hate is shadow projection. one sees the the other as mindless brainwashed slaves to the state, and vice versa is seen as mindless brainwashed slave to the self
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