But at least we only spent a trillion dollars on it, right?
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@Doomed_Daniel @jenniferplusplus @ireneista
We need to end capitalism. We don't have to end markets. We don't have to (and shouldn't) end distributed decision-making. In fact, the real problem is a dearth of these things. We already have centralized control, thanks to our current economic system's ongoing concentration of wealth.
Imagine what an economy made up entirely of cooperatives would look like. Decision-making: distributed equally among stakeholders. Profit: distributed equally among stakeholders. No more perverse incentives to exploit workers and customers for the sake of far off shareholders who don't have to see the consequences of their actions on the local community, because the shareholders *are* the local community.
How much more money, and power over our own lives, would we all have if we didn't have to pay the transactional tax known as "profit" in perpetuity for a one-time investment of capital? *We* would have the capital then!
@hosford42 @Doomed_Daniel @jenniferplusplus @ireneista Are there steps people (ordinary people) can take to make this a reality?
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Here are the receipts-
https://policytensor.substack.com/p/the-generalized-dutch-disease -
OK, they are keeping resources occupied, but aren't they also setting fire to their own money? They are spending money that won't produce a return (Not that they would miss it). Is the object just to keep resources occupied or also make net asset value evaporate?
@CassandraVert I think the argument being made here is that it's a margin play. They're trying to squeeze the leverage of the working and middle classes by devaluing their ability to "compete" for fair wages etc.
Not sure if thats read correctly but thats how Im understanding it.
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undefined oblomov@sociale.network shared this topic
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@jenniferplusplus I was thinking that Musk's data centres in space idea was to add solar panels to the list of items the AI industry is hoarding.
@stellarsarah @jenniferplusplus
This is not, at all, "just by chance". I think there's some political agenda to remove from any accessible market everything that empower users to be independent on computing (and on energy, and we will soon discover on what else).