No amount of fiscal acumen has ever been able to overcome the monthly equation of “Income - Expenses = 0”
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What’s most intolerable is when wealthy politicians espouse the value of “financial literacy” as a way of combatting widespread poverty. These people are supposedly elected to regulate the capitalists on behalf of their constituents, not the other way around.
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If you want some financial literacy, read Marx, Engels, Gramsci, MLK, Malcolm X, Steinbeck, Thoreau, Klein, Chomsky, Parenti, Debs, Lenin, Einstein, etc. and see how your people’s struggle through history has been the conscious consequence of a tiny group’s lavish fortune.
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The real financial illiterate is the capitalist who believes a democratic society can survive with a federal minimum wage of $7.25/hour.
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The best part of my life is when my posts drift over to hall monitor Twitter and I get ten guys named Martin Baloney telling me that poverty exists due to the intellectual shortcomings of the poor.
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Don't let capitalists condescend to you about financial literacy when the economic system they worship like scripture implodes into global depression every 10 years by design.
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These financial roadblocks we talk about – credit cards, rent hikes, wage freezes, compound interest, predatory lenders, etc. – are not benign challenges in some puzzle of upward mobility, but rather built-in features of a system that requires a struggling lower class.
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Hélder Câmara: “When I feed the poor, they call me a saint. But when I ask why the poor are hungry, they call me a communist.”
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The equivalent is centrists/Neolibs telling disenfranchised factory workers. coal miners, etc., to "join the information economy, learn to code". and all will b wonderful.
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Assuming no change from a Sanders type figure or someone else winning.... Or mass movements being successful, I unironically can't wait until everyone in the world is taught to code from birth and it becomes a minimum wage job.
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