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The problem isn’t the money or the central banks, the problem is the ability for a lucky few to hoard a disproportionate amount of wealth (and therefore power).
Switching to crypto while maintaining the same ideas about unlimited ownership rights would change absolutely nothing, except promote a very select few to the capital class. And that’s why I feel views espoused by crypto evangelists miss the mark - it doesn’t feel like they want actual systemic change, they just want to be part of the lucky few themselves.
You have a pretty limited understanding of how these things work, which is OK, we are all learning.
The problem isn't that some people have more than others, the problem is how these people get more than others. Right now, you've got some people who can take your work away in the form of money at the point of a gun, and give it to who they want, including themselves. And, you have people that can print money, money you and I have to work for, and give it to whoever they want. In both ways they are essentially stealing your labor and giving the fruits of it to themselves for free. Read about the Cantillion effect to get a good overview of how the latter process works.
Without central banks, what you wind up with is a world where if someone accrues resources, they both had to have gotten it by delivering value to someone, thus making their life better, and they have to put it to good use that continues to deliver more value to someone somewhere. People in a world like that get rich on merit, and they've made the world richer in the process. We have never lived in a world where that was the norm, because before central banks you had kings. In a world like this, the common wealth centers of today would be outed for wyat they are, thugs, and have to show everyone what they are and actually run around robbing people, and in that kind of world those people get sorted out quickly.
What you said is so blatantly wrong that it’s hard to even fully disentangle. It runs counter to our academic understanding of economics to such a degree that it’d take ages to go to your comment point by point.
Communist theories are total trash as they completely ignore basic fundamental principles of human nature and economics. Everyone is not the same and everyone does not deserve everything others have. The free market makes sure everyone gets what they deserve in the most efficient manner.
The communist theories were concocted to dupe young idealistic and inexperienced collage kids into fighting for their own enslavement. Delivering all power and control into a the few hangs of the oligarchs via a top down controlled bureaucratic system. With a heavily centralized system the bankers just need to pay off and control a few key positions and they have it all. The state should be stripped of all power leaving only some bare essentials which are resilient to banker corruption.
At no point should the state have any say in any decision of the individual.
I’m talking about Keynesian and neo-Keynesian theory, my guy. Those are far from communist.
Exactly, this trash was invented by communists to bring populations to their knees via destruction of the middle class and funneling all resources to the central banks and government.
These insane communist policies have destroyed the wealth of the Western world as designed to do. Now the communist devils are unleashing cultural Marixms to mop up what is left.
Hmmm, either literally everyone who’s ever spoken about economics is lying, or you’re wrong. Which option seems more likely?
Everyone you have listened to about economics is wrong.
Sounds like communist BS. The communists have taken over banking and centralized all financial power to a single entity who is able to control money. Hence they control everything else.
You have been duped by garbage ideology to fight for maintaining the monopoly over currency and credit by the bankers. No single entity has the right to exclusively manipulate the currency.
Crypto rips this control out of the bankers grip and gives it back to the market and the people, where it belongs.
The central banks are crapping their pants right now and scrambling to subvert crypto because they know their days are numbered.
Hmmmm yes, the group that believes in ownership for the workers actually controls the global financial system.
Get your head checked lol.
And yeah nah, fuck the global banking system - but it’s part of the bigger problem I mentioned, not the root cause.
You have been duped and told what to believe. Workers benefit most under a free market system.
Central banking is one of the 10 tenets of communism as outlined by Marx. As is the income tax. We are already living in a communist run utopia. Get your head out of your ass.
This is exactly what communism looks like, top down control and endless war.
Central banking and income tax are not unique to any specific system.
Central banks in current neoliberal countries serve to enable to owning class to make money lol. And the focus on income tax is to ensure the people with lots of capital don’t have to get taxed on that. Also, please read this
Also also, could you mention a single communist in power in a single Western country?
Central banking and income tax is unique to communism as it is literally one of the pillars of their demonic system. Direct income taxes is theft as it is wealth extraction by force and violence. Communists love stealing what others have earned.
Since communism requires a central bank and income taxes this disqualifies it from being a system that we should even consider, both those things are evil and extremely prone to corruption and abuse. As we have seen at all the immense suffering that it has caused in the last 100 years. Destroying the value of the currency and enabling non-stop wars resulting in millions dead. This is what real communists love, death, destruction, and suffering.
Neo-liberals are communists in disguise. They know everyone hates communism, because it is obviously the worst system possible, so they had to pose as "liberal" to infiltrate.
Inequalities are due to communist bankers controlling the monetary system and being able to rig and manipulate markets and assets for their own benefit, funneling wealth where they please and destroying competition with the stroke of a pen with countless worthless "regulations"
You have been indoctrinated in communist controlled universities that there is an inequality problem caused by someone that has a bigger house than you, when in reality the problem is a bloated communist state that is solely owned by the banks.
Many neoliberal economies have central banks. If you think that’s proof they’re actually communist you’ve lost the plot so hard that it’s impossible to talk about economics with you.
Idk, go talk to anyone studying economics or read a book or something.
Yes, neo-liberalism is communism in disguise, as I already mentioned. Central bank = communism.
Bro what the fuck are you huffing
Freedom, nigga
ah yes crypto BAD because bill gates said it, everything will change if we just start donating and redistributing wealth, just like the Bill and Melinda Gates Foundation does!! fuck off buddy, we are here for total anarchy and black markets, fuck the government and fuck the status quo. you will NEVER be able to seize Monero from someone else, how does that make you feel buddy? Power to the people. Own your money.
Spot on. The fake commie movement is completely funded by bankers and oligarchs to get morons and losers to fight non-existent oppressors by destroying any opposition by moral, high IQ, critical thinkers to the banker agenda, clearing the way for them to dominate society.
Lemmy is loaded with this degenerate scum, so they will be flooding us here with their corporate backed slogans and Soros think tank born talking points.
Yeah nah, I’m saying this meme is bullshit and I’m arguing why. Nine of what you said is a response to what I’m saying.