Actual financial literacy is crucial to success as an adult. You can complain about The System all you want but it will likely still be in place after all of us are bones in the ground, so make use of the resources you can achieve something with.
You can complain about The System all you want but it will likely still be in place after all of us are bones in the ground
Genuinely curious why you think this is the case. Do you think the current US Empire and other decaying Imperialist powers are sustainable, or at least enough to last the next 40-80 years?
Yes of course it is sustainable. We have the resources to do everything we need for hundreds of years here in the USA without any external dependencies. The disaster recovery and continuity plans and infrastructure are already in place to ensure that the US government will continue through a variety of apocalyptic scenarios.
you have no fucking clue how brittle systems like electronics production, or oil supply are. USA, from a systemic point of view, is the most coupled and fragile production system in the world except maybe some micro-nation in the middle of the ocean.
You have no fucking clue what I know about, actually.
I’m not talking about resources, but the entire Imperialist Economic Mode of Production, ie dying Capitalism. The US is largely de-industrialized, it makes most of its profits off of Imperialism, ie export of Financial and Industrial Capital. The US doesn’t produce what it needs, generally, because it is more profitable to hyper-exploit the Global South.
The US Empire will bring about its own ruin.
Sure thing Lenin, and I am the walrus.
Do you have any logical basis for rejecting what I’ve said, or are you just running on vibes and magic?
I could ask you the same thing, and it would be bullshit to me, just as whatever I reply with would be to you. From my perspective you’re in some dumbass communist fantasy based on the internet ramblings of children.
I dunno, you tell me where this is bullshit.
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Over time, Capitalism trends towards monopolization. We see this with mergers, “daughter companies,” and other alignments as groups coalesce into syndicates
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Financial Capital, ie Banks, begin to control Industrial Capital through aquiring large amounts of shares and including conditions in loans, resulting in large-scale mergers of Capital
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Companies seek to export Capital, both industrial and financial, to the Global South where resources and wages are cheaper, so as to increase profit margins tremendously.
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Countries in the Global North generally divy amongst themselves different areas of the Global South
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Underdevelopment due to expropriation of resources drives countries in the Global South against the Global North, cutting off revenue
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As a consequence of deindustrialization combined with countries kicking out the Imperialist Powers, these countries in the Global North face crisis
Which do you disagree with?
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Condescending shitheads talking down to poor people like they have a FRACTION of the ability to stretch a dollar. Self flattering scolding that does nothing but justify a system that produces unlivable outcomes.
I will say it’s also easier to stretch a dollar when you have more money. There are some things that everyone needs where if you have more money up front you can buy something that will last longer and save you money over a period of time. Meanwhile if you’re living paycheck to paycheck you may not have the money up front and need to go with the cheaper option and ultimately spend more money over time than the wealthier person. But again it’s hard to even think about that let alone act on it when doing so could jeopardize being able to pay rent (which can in itself be an example of such a thing compared to owning a home,).
Ding ding ding!!!
But …
But …Trickle down economics!
Capitalists:
The capitalists do trickle down onto the rest of America, it just isn’t prosperity. Even worse, we export our sociopathic market capitalist behavior, encouraging other nations to treat their citizenry like disposable capital batteries for their elites… and our multinational oligarch leeches.
I feel shame for what we’re doing to the world every damn day, spreading market capitalist hypergreed and tools of mass death like a fucking virus.
Chappelle’s show for those wondering
No. You just suck at managing your money.
How do I know? These statement applies to like 60% of Americans. Their within that braket the top and bottom earners are probably separated by a factor of 1.5.
You, an average anon, probably make at least 20% more than some other really unfortunate anon, who still manages to live “paycheck-to-paycheck”. So, you absolutely could save 20% of your income every month. Just in a year it would get you to your 10 weeks runway.
It coincidentally proves that a union magically forming and bargaining you a 20% raise will not result in you actually saving that money, don’t fool yourself. Corpos might be greedy, but you just live recklessly and order random credit cards online instead of budgeting.
The best time to join a union was ten years ago.
The second best time is now.
I got 2 weeks.
I mean.
I guess I could sell my car and commute entirely by ebike 30 miles a day. I’d technically make it eight weeks if I did that. Wouldn’t even lose my trailer! Might even be able to eat!
commute entirely by ebike 30 miles a day.
Is that at all feasible?
Like, kind of? That’s both ways, so 15 miles one way means I could use a decent level of pedal assist. Regulations mean my ebike can’t go faster than 25mph, but as long as I’m not on the highway that’s fine.
Also, I’d be taking mostly farm-to-market routes. Lots of 35mph roads, mostly gravel (fortunately I have mountain bike tires and shock absorbers so gravel isn’t really that bad). I’ve done this a few times, but doing it every day… forever because I sold my car would be seriously challenging. Especially in bad weather! I’m in Iowa, it snows tons out here!
Ah, see, turns out we are in similar situations, including climate wise. Hence the original question
You can’t gatekeep basic necessities that people need to live and then call the same people free.
It’s simply not true. We’re slaves to capital and to those that control it.
Communism is the only way humanity survives.
Suddenly a millionare after reading this!
