as the great men of the federal reserve unsheath their swords on the beach and run recklessly to cut down the tidehttps://thenextrecession.wordpress.com/2020/08/28/the-fed-in-a-hole/ …
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american politics today consists of politicians and pundits running full speed at this wall over and over and over, shocked every time they end up as a bloody heap on the floorpic.twitter.com/er9dU0ONiu
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and it's not just purely 'economic' things either.. the lives of decency, stability and community that both the liberals and conservatives have built into their politics are only even conceivable with a RoP and social surplus great enough to produce them
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The dive to six point seven is COVID? And for a layman, what is the wall?
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the wall is the limit of the possible for politics in an era of automation, secular stagnation, mass unemployment. the rate of profit is a material barrier for all the vacations policies and schemes for bringing back a Golden Age that was ultimately an anomaly
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the curve should the at the front and center of any rational political conversation and yet the curve is pretty much unknown
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And yet, which way does the line go for capital’s share of income?
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rhode island, USA
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Bro, have you even heard of a little thing called MMT?
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bruh you just wrecked your own mentions
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