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Cake day: June 14th, 2023

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  • someone is willing to pay is the sum total of what a business gets income from

    Except credit changes the math on that significantly. You aren’t constrained by your income, but by your risk of default (and even then… glances 2008-ward) Then you can afford to buy more by paying a higher interest rate.

    the capitalist marketplace, is 100% correlated to income willingly given vs cost of obtaining that income

    “Willingly” is doing a lot of lifting, given the degree to which fraud, extortion, and price gouging play a roll in the national economy.

    What shocks me about much of the U.S. economy is how much is spent on marketing, promotion, advertising, and sales. 0% value derived from such activity, but frequently over half the cost of things that are purchased in the U.S. is sunk in promotion.

    Promotion (and deception and intimidation) drives sales. They create the illusion of scarcity and transform luxury into necessity.

    They add perceived value among the unwitting and create implicit value through absence of harm.



  • UnderpantsWeevil@lemmy.worldtoComic Strips@lemmy.worldCollege Degree
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    16 hours ago

    Now there are way too many people with degrees competing for the few remaining jobs

    That’s honestly not the future I see going forward. The future I see is one where colleges begin to close en mass, foreign students stop coming to the US for high quality education, and educated professionals leave the country for lower cost of living and better amenities abroad.

    Education, as an institution, becomes a series of high end social clubs on the high end and a bunch of debt-trap MLMs on the low end. Increasingly little is actually taught at any of these schools, and the only real purpose of the campuses is to organize upper-middle class failkids into the various regionalized ideological cults.

    Meanwhile, the demand for real labor continues to decline with the falling birthrate and the enormous volume of legacy infrastructure that continues to need support. Efforts to extract labor by force, rather than by promise of higher quality of life, only result in deteriorating work quality. We become even more addicted to imports as our position as global financial hegemony melts away. And eventually, we go into the same kind of debt crisis that plagued Germany after WW1 and Russia after the collapse of the USSR.

    All the immigrants have been rounded up and trafficked to El Salvador, so, who is left to act as the scapegoat for the ruling elite?

    You’re never going to get “all the immigrants” because we’re a nation of immigrants.

    The War on Immigration has better parallels with the War on Drugs. Lots of moving goalposts. Lots of propaganda as a stand in for policy. Lots of big splashy media pieces on how we’re “Losing” or “Winning” in dramatic fashion.

    But the economic incentives don’t change. Consumer behaviors don’t really change. And mostly we create a giant Make Work system for thugs to harass people of color.


  • UnderpantsWeevil@lemmy.worldtoComic Strips@lemmy.worldCollege Degree
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    16 hours ago

    I get it the sciences are better paying ( or they use to be) but the humanities have a roll in creating well rounded and thoughtful people.

    Plenty of people who graduate with a humanities degree make money. Sales and Marketing make tons of money. Lawyers make money. Linguists make money. PR and other Communications make money. Art and Design make money. Anyone who works for a sufficiently wealthy (and not particularly thrifty) client can make a ton of money in the humanities.

    Unfortunately, the humanities majors who make the most money are often leveraging their skills for nefarious ends. Not unlike STEM in that regard.








  • It’s not Musk being influenced by Cyberpunk nearly so much that Cyberpunk’s development was influenced by Prospera, Seasteading, Balaji Srinivasen’s “The Network State” and other “Startup City” anarcho-capitalist advocacy efforts.

    I don’t want to live in that city, though.

    The root of the appeal of the Free Enterprise Zone model originally embraced by Singapore, Hong Kong, Manilla, Monaco, and other micro-states is that you can consolidate the financial industry into a walled garden and then strictly control the lives of the inhabitants with a hyper-military police state.

    Then the outlands are just impoverished wastes. Real political freedom, but no access to capital. Or real economic freedom, but no civil rights.

    It isn’t that you “don’t want to live in the city”, because you absolutely will want to live there when presented with the alternatives. You’re presented with a false choice of proximity to wealth versus social autonomy.