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existentialcoms's profile
Existential Comics
Existential Comics
Existential Comics
@existentialcoms

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Existential Comics

@existentialcoms

A philosophy webcomic about the inevitable anguish of living a brief life in an absurd world. Also jokes. https://www.patreon.com/ExistentialComics …

Portland, OR
existentialcomics.com
Joined October 2013

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    Existential Comics‏ @existentialcoms Mar 13
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    Existential Comics Retweeted Existential Comics

    Free market people are responding to this with "when demand goes down you have to lay people off, learn economics dumb socialist!" People's brains are so broken by capitalist realism they think if you have a descriptive explanation for something, that makes it de facto rational.https://twitter.com/existentialcoms/status/1238524655989690368 …

    Existential Comics added,

    Existential Comics @existentialcoms
    When companies start announcing layoffs due to the economic downturn, think about how deeply irrational the capitalist system is. Its response to an externality decreasing production is to fire workers, i.e. to further decrease production! The whole system is a house of cards.
    Show this thread
    12:55 PM - 13 Mar 2020
    • 307 Retweets
    • 1,596 Likes
    • Ivan Ottaviano HanukkahHat Revere🌹 Kyle Lillie 98687667568 alec Lee_T ⧖ Sofia Alexander🏴 Robert Reed, MLIS
    17 replies 307 retweets 1,596 likes
      1. New conversation
      2. Existential Comics‏ @existentialcoms Mar 13
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        The reason it is irrational is because the very action that helps the business in the short term micro situation - firing workers to cut costs, deepens the very crisis which caused the situation, that is to say decreased demand. It is irrational in the long term, macro level.

        6 replies 65 retweets 610 likes
        Show this thread
      3. Existential Comics‏ @existentialcoms Mar 13
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        That is because the free market is not based on rational self interest, it is based on irrational self interest. It is rational self interest for everyone to work together to overcome a crisis; it is irrational self interest for everyone to cut their loses, deepening the crisis.

        14 replies 111 retweets 738 likes
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      4. End of conversation
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      2. Swoletariat‏ @RealSwoletariat Mar 13
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        Replying to @existentialcoms

        They also somehow forget that even capitalists realize this, and it's the entire point of Keynesian economics. Seriously the amount of "capitalist" who don't even understand the basic economics of capitalism is stunning.

        2 replies 2 retweets 28 likes
      3. Adrián‏ @AdrianPusheen Mar 13
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        Replying to @RealSwoletariat @existentialcoms

        "Muh libertarianism"

        0 replies 0 retweets 5 likes
      4. End of conversation
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      2. Exiled Consensus‏ @ConsensusExiled Mar 13
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        Replying to @existentialcoms

        explaining it versus explaining it away are two different things folks

        1 reply 1 retweet 16 likes
      3. Turi‏ @LarsSchuFa Mar 13
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        Replying to @ConsensusExiled @existentialcoms

        Very prominently seen in Gender Pay Gap discussions.

        0 replies 0 retweets 6 likes
      4. End of conversation
      1. Yes, I miss baseball.‏ @mdj6248 Mar 13
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        Replying to @existentialcoms

        A lot of them have accepted as a maxim that capitalism is inherently morally good. That's stupid, but it explains a lot of how they behave.

        0 replies 0 retweets 20 likes
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      1. Boy. Man.‏ @AGayPhish Mar 13
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        Replying to @existentialcoms @TrevShow

        Schools of Business should be illegal.

        0 replies 0 retweets 7 likes
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      1. The Mountain Man‏ @Green_Anarchism Mar 13
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        Replying to @existentialcoms

        "How can we acquire goods and services if no one has money?!" Oh, I dunno, maybe cooperation, and labour?

        0 replies 0 retweets 9 likes
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      1. Al Sweigart‏ @AlSweigart Mar 13
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        Replying to @existentialcoms

        And then next their broken brains start making them say, "Actually, price gouging during disasters is a good thing!"

        0 replies 0 retweets 4 likes
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