... there is only a limit to profits.
We are at that limit.
We are in a period of never before seen abundance yet capitalism creates poverty in abundance.
From each according to their abilities. To each according to their needs.
Where did that saying come from?
That commie Marx?
Nah, the bible in Acts 4 34-35
34 that there were no needy persons among them. For from time to time those who owned land or houses sold them, brought the money from the sales 35 and put it at the apostles’ feet, and it was distributed to anyone who had need.
Put those earbuds in. Maybe the fridge needs defrosting? Maybe its time for me to get a new fridge. Try working a broom. Do something productive while having a listen to Caleb's rant. He will explain how there is no limit to growth but only a limit to profits.
Buy Buy Buy ..... Tesla to the Moon Baby. $7,000 soon.
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You may be interested in Stacy's recent market charts. 😎
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A bond can only grow to the USD value printed on the bond. DevCoin's (DVC) are a blockchain and blockchain coin, with DVC tokens trading on other platforms (STELLAR being the only I know) maybe more in the future? But the USD is not capped and the floor seems to currently be 1 satoshi if bought with BTC, or cheaper if bought with LTC in the past (1 liteoshi)... So proving that token currency, DeVCoin's (per devtome), has no bottom... but that also means it has no USD ceiling either. Which, if growth is unlimited, would be a good thing for DVC value at a later date - not limited to USD ;).
Did I get that right nova?
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Growth and value are not synonymous in capitalism, in my opinion. In the parable of The Laid Off Coal Miner we see that abundance causes poverty in capitalism's boom and bust cycles. It is my feeling that it is beyond cycles at this point and capitalism is in the process of eating its own tail in pursuit of profits. Marx predicted this in Das Kapital. When we begin to see crypto as tokens instead of currency society will have taken a step forward out of capitalism.
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I read The Laid Off Coal Miner.
I find myself in the middle of Eastern and Western history. I think there is a peaceful solution to social and capitalism created unrest. We can no longer expel people from the mother city like the ancient Greeks in periods of social unrest. There may not be a place of sovereign territory to claim left on this Earth. I think its time to trace back to a common root that the whole world can agree we coexist through in terms of our rituals (and thus, law). Perhaps Hinduism, deification, and a common scientific (Greek) and divine (Etruscan) reason for why things happen that we can all agree on from the source of all government.
If we agree on one common root in a secular and ecclesiastical (religious) manner, that solves all issues by having one universal agreement of all cultures that inhabit the Earth - we enter a new age of Enlightenment. My dream of an Eastern and Western Pax Romana....
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It is my belief that Behavioral Sink applies to humans as well as rats. It likely applies to all sentient creatures. When a population is taken to their respective utopias (food, warmth and shelter) violence and conflict subside. It is only the inequality and unbalanced distribution of wealth that leads most populations to violence among one another, as a rule, in my opinion.
Our level and efficiency of productiom at this point in our history would allow us to bring a utopian lifestyle to all the world's population yet the value placed on profit in the capitalist system thwarts that utopia for the majority of our species.
We may find that the many forms of spirituality are roadmaps to lead us to that utopian lifestyle and offering a faith that it is possible in the next word if not this one. That thinking probably lead Mao to consider religion the opiate of the people. 😎
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Oh and since you're a fan of Norwegian rats >:D
https://nationalpost.com/news/canada/the-stirring-story-of-how-alberta-became-the-first-place-in-the-world-to-banish-the-rat
Good old Albert-a
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I respect you input. I especially respect you making a good fight for socialism and Maoists. We really have no idea in the Western World/Hemisphere (or even Turkey west all the way to the Pacific Coast of North America) how those types of government work. We aren't there to witness it as citizens and we can't take the things we see in the news as fact. In fact, I was raised to think that propaganda was just a mural of Lenin in a viaduct where the TVs and iPhone screens are running propaganda with noise 24/7. I looked underneath a lot of this surface existence and I for see some pretty wild solutions ahead only because of roots in common law, pre-Roman religious practices that gave communities and identity and extended all the way to the Middle Ages where Free Imperial knights took feudal rights directly to the imperial immediacy of the Emperor - drawing an identification from it via the responsibilities owed to the Emperor in personal service or event in charitable, voluntary payments to the Emperor. The privileges of those knights was a turning point too. Another thing one could identify them self with - their rights - even without the concept of a nationality driven state (in a secular sense) having come to practice yet... I see where we are now, where Italy was, where Austria is headed as practices that built off as indirect successor state like countries of expulsion/immigration... expel a monarch, put up a republic, emigrate from Portugal to the US and go all the way back to Austria someday with full citizens rights. The opposite of being "stateless" ... anyway, what I'm getting at is you sure nail it with the exploitation of capitalism and socialism. But the unrest of both probably benefit each other long term because you see the patterns. Once the most powerful Houses of Europe went into exile, it proved that there must be more than just chaos driving the patterns of succession and exile. Someones pretty generous "religious" in that they obviously had to care about human beings (humanism) to give up all the riches and authority in the world... But maybe there's a supreme overlord I have yet to meet keeping everyone honest.
Maybe that overlord is Assyrian and speaks Neo-Aramaic these days?
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I cannot wait for that day. You've been a great influence on my views towards capitalism by helping me see cryptocoins like DVC and its blockchain value as more than just $ amounts. The value of things besides fiat (words, literature, deeds, real estate...) goes on infinitely...
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Hi @novacadian!
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