Marginal Futility

@sigmahamster2 As much as I hate the take, the video is sick

The post Keynesian dream

@RealCalvin1 Fascism is a type of socialism

It's interesting how the party that claims to fight fascism also wants the state to control education, food, employment, rent, and healthcare.

@HighImpactFlix Universal Basic Income and innovation

How do we win in America? Seriously, how? And by "win" I mean: How do we keep our currency from losing value? How do we protect our rights from tyrants? How do we protect our property from being stolen? How do we maintain our privacy under Palantiranny? How do we keep government agents from terrorizing us? How do we come together and united against the evil that is so quickly advancing to devour us? If your answer is "by voting Democrat" or "by voting Republican," or "by protesting" you're a hopeless case.

@tnega74 If only he could have predicted Keynes

Nope, it was something like this:

@RBReich The fact that someone who makes $750K is in the same tax bracket as someone who makes $750M is mind blowing

A history of the top marginal tax rates on the wealthiest Americans: 1940: 81% 1950: 84% 1960: 91% 1970: 72% 1980: 70% 1990: 28% 2000: 40% 2010: 35% For 50 years, corporate backed politicians in Congress have slashed taxes to line the pockets of their wealthy donors.

@HarshRealityChk @broadwaybabyto We should take that 62% and give it directly as UBI.

@broadwaybabyto 62% of our tax dollars go to social programs. Maybe if you fucking democrats stopped wasting that money on learing centers, fake hospice, USAID lies and illegal immigrants, the disabled, elderly and poor would actually be taken care of.

Your tax dollars should support the disabled, elderly & poor. They should pay for healthcare, food assistance, housing and childcare. Spending money on robust social supports and bettering the lives of the majority is far better than war, destruction & enriching billionaires.

@LesLeMonAuthor @broadwaybabyto Universal Basic Income does it in a way that doesn't keep people trapped in poverty.

@broadwaybabyto A social safety net ensures food, shelter, and healthcare for everyone Including the most arrogant "success story" who can't imagine ever needing it When you or a loved one has a catastrophic injury, illness, or job loss, develops a substance addiction, or simply ages ...

@broadwaybabyto @patternote A wealth tax would hurt the people you are trying to help. Why not tax cap gains as income instead? It accomplishes the same thing without causing system collapse.

@patternote I don’t have an exact number but I believe a wealth tax should be in place. Those with the most should pay extra, especially when they are incredibly wealthy.

@patternote @broadwaybabyto 5K, but they should receive 12K in UBI

@broadwaybabyto How much should someone making 50k pay in taxes towards helping the disabled, old and poor? What's the right dollar amount in your opinion?

@kkmokou @MarxoidNess @RioKora @LPNational @TheAliceSmith Yep debate wasn't adding value

@MarxoidNess @Marginlfutility @RioKora @LPNational @TheAliceSmith dude just deleted everything

If socialism and fascism are at opposite ends of the political spectrum, why do they overlap so much?

A poor person with cash is a customer. A poor person with vouchers is a dependent. Markets thrive on the first. Programs produce the second.

A container ship moves 20,000 boxes across an ocean. No dispatcher decides which box goes where. Supply chains route themselves through price signals. The cargo arrives on time.

@kkmokou @RioKora @MarxoidNess @LPNational @TheAliceSmith Police are collectivist. Imperialism is collectivist. None of these are emergent from individual choice

@RioKora @Marginlfutility @MarxoidNess @LPNational @TheAliceSmith the welfare state depends on imperialism idk why he calls it socialism

You're trying to make this a moral argument when its a linguistic one. I want markets where UBI gives everyone dignity, power concentrations are broken up, and externalities are internalized so individuals can make decisions for themselves. If you want to argue with that we can argue. If you want to argue against something else and call that my position we will get nowhere

@Marginlfutility @MarxoidNess @kkmokou @LPNational @TheAliceSmith That is, they have made you an unthinking and unpaid mouthpiece of their propaganda. You deserve beter. Every human deserve beter from being instrumentalized and objectified. But in the bottom line, these are your own steps to take.

@RedPawnLLC @LPNational @TheAliceSmith See there is our whole disagreement. Your last paragraph is exactly the end state I want. We have just been conditioned to use different language.

Fair. Let’s start there. I don’t accept that definition as sufficient because “collective or governmental ownership and administration” collapses too much. Government ownership is not automatically socialism. A bureaucracy, party, military, monarch, or managerial caste can own/administer production over workers and still not give workers or communities real control. My definition: socialism is social ownership and democratic worker/community control over the means of production, distribution, and the material systems people depend on. That can include public ownership, co-ops, commons, syndicates, utilities, municipal systems, democratic planning, etc. But the structure has to move control away from private owners and toward the people who labor in and depend on the system. Socialism is when the workers have control over where they work and the work, and do not submit to a managerial or owning class, if I had to simplify it.

This is a silly argument. We're using the same words to mean opposite things. You're describing what exists — capitalism operating within nation-states. I'm describing what doesn't exist — a market without incumbent capture. When I say it isn't a free market, I mean the rules are written by the people who already won.

@Marginlfutility @MarxoidNess @kkmokou @LPNational @TheAliceSmith Literally on a global scale, the free market and Capitalism rule. There are no mixed economies. All countries have made an agreement on a global scale to "compete" within the framework of liberal democracy and nation states. 👇🏼

@RioKora @MarxoidNess @kkmokou @LPNational @TheAliceSmith I am using words with meanings not thinking about real world systems at all actually. All real world systems are mixed economies. Every example above had welfare spending, police, military, regulations, permits all socialist.

@Marginlfutility @MarxoidNess @kkmokou @LPNational @TheAliceSmith You are simply politically illiterate and you call it socialism because you are probably among the losers of the capitaist neoliberal pyramid scam and to afraid to read about socialism and real anarchy and engage.

When you guarantee loans with no underwriting on outcomes, you remove the price constraint on tuition. Universities responded rationally — raised prices, hired administrators, built amenities. The market worked. The inputs were wrong. twitter.com/i/web/status/2…

@RioKora @MarxoidNess @kkmokou @LPNational @TheAliceSmith Free exchange of products is what I mean by free markets.

@Marginlfutility @MarxoidNess @kkmokou @LPNational @TheAliceSmith Who said we want to prevent the free exchange of products ? This is done by you who want control of goods by private individuals and multinationals. We want to get rid of you who, that with economic prohibitions, prevent children from having access to medicines, for example.

@RioKora @MarxoidNess @kkmokou @LPNational @TheAliceSmith You are making assumptions. I am seeking genuinely to understand your position. I am opposed to the status quo

@Marginlfutility @MarxoidNess @kkmokou @LPNational @TheAliceSmith You are a very confused little man.