I'm more concerned with the Jacobinkin. they're smart, and sorta world beating so far imo. have a great market of resentment to tap into... people failing out of woke neoliberalism
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There's going to be a certain minimum level of damage involved in the level of inequality correcting itself. This is a blindspot of woke neoliberalism. They refuse to admit that inequality is in any sense a problem at all. They're still thinking it's some sort of mass confusion.
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we've had people ted talking about inequality at davos for at least 10 years now. everyone wants something to change on that front. how do we do this? a: marx's crystal ball (it's all happening as prophesized)
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Here, it's going to correct itself whether or not anyone does anything. There is basically no equilibrium to be found at this level of inequality. One sign for example is that collapse of housing as an economic foundation since most people can't afford housing now.
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I think housing markets are fairly efficient or they'll prob take care of themselves. my thing is climate chaos, famine, mass migration, this kind of stuff. there's no way to socialism this stuff away. there will be blood
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I mean that as a sign that the equilibrium is unraveling. The US will shift from own to rent economy, foundation of personal financial security will shift to other assets, politics will get refactored as a result.
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I think physical violence and domination is part of the equilibrium. as the state backs up law with threat of violence, "the people" organizing into some vengeful thing backs up the law of things getting too unequal
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I think violence tends to get moderated or sublimated or redirected to slow-leak externalities as some complicated function of a) the size of the capitalist class with assets to protect b) the vulnerability of the assets that are worth protecting.
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The most dangerous shit goes down when the capitalist class itself gets ideologically radicalized. That's happened to some extent in India right now, where support for right-wing hindu nationalists in the business community is driven by cultural insecurity rather than tax breaks.
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Depends on what you mean by powder keg. You're talking about Hindu-Muslim relations going back 1000 years that have seen major wars and slaughters and most recently 1 million dead in the partition. On that scale I'm not worried.
I tend to distinguish between fighting bloody but still relatively "clean" (as in, without genocidal intentions, and recognizing that other party has a right to exist, and only renegotiating relationships with violence, not existence) versus not. India fights clean in that sense.
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I'm frankly more concerned about the US. There are more guns, and less of a history of live-and-let-live conflicting across major faultlines.
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