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"idol culture" is fucking insane to me. genuinely cannot imagine interacting with music and musicians like that. just combine all the worst things about the music industry and then form a subculture about those industry parts instead of the music. insane. spiritual death

my favorite defense of commodified housing has got to be that many people, especially in the middle class, own their housing as their main financial asset, and that they can leverage that asset for investments. yes, and that's a bad thing. that is bad. in order for this to be sustainable, the value of housing has to permanently rise at minimum at the same rate as the rest of the economy grows, but preferably faster, so the demand has to permanently outsize the supply. your middle class' interest is directly tied to the housing crisis. and if you "solve" the housing crisis (through market mechanisms), you're ruining your middle class. this is a bad system!

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kacey-luv

im a blueberry bitch

gulyas069

i have some half-baked thoughts on the way markets move, how class informs material interests and the limits to the technocratic, cybernetical approach to capitalist governance of the past half-century that i should try to put into words at some point, but i need to do more research....

gulyas069

it goes a little something like this:

the (Chicago school-inherited) rationality of neoliberal governance thinks of the capitalist economy as a rational, deterministic system. the system has empirically quantifiable laws and can be governed via inputs and signals. this is neoliberal cybernetics.

this rationality has in recent years proved less and less effective at accurately modeling the way markets actually move. there have been a number of major right-wing attacks on this form of governance, such as Brexit and Trump's tariffs. the tariffs and now the oil (Brexit not so much) are the smoking gun here: economists anticipated a major economic crash (because by all means, there should have been). the reason the crash never happened the way it was predicted is because economic actors aren't machines, they're people, people who have their own subjective beliefs.

this is the big part that I'm still missing: how those beliefs are developed. why do traders believe in all of those fake US statements about imminent peace? why did they not freak out at the prospect of the tariffs? why do they think Trumpism is going to work for them? neoclassical economics have not been able to explain this. and now we're moving towards an era where the subjective consciousness of market actors doesn't align with the classical laws of economics anymore. why? and where do we go from here?

i have some half-baked thoughts on the way markets move, how class informs material interests and the limits to the technocratic, cybernetical approach to capitalist governance of the past half-century that i should try to put into words at some point, but i need to do more research....

the enemy is not coming from overseas

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gulyas069

China has never been neoliberal, this meme shit needs to die. no matter what your opinion on capitalist restoration in China, it's not "neoliberal". that's a term that means more than "markets exist"

gulyas069

the only people worse than leftists insisting on china being "neoliberal" are neoliberals insisting china's successes are because of "neoliberal" reform. china is not neoliberal because the state determines where capital is allocated and enforces quite harsh capital controls. the markets are used as a tool to create competition when the state decides x sector of industry should be developed. if they didn't do that, china would be about as successful as any other large neoliberal third world country such as india or indonesia (which is: doing ok-ish but not well). i don't care about the argument whether this is still socialism or not (i don't think it is, i think the chinese bourgeoisie works under a 21st century keynesianism paradigm, but whatever), but it is not neoliberalism.

lamignonette

gulyas069

Längst ist Eroberungsmigration zu einer Waffe gegen das dumme, schwache Europa geworden, von der sowohl Putin als auch Erdogan und nun vermu

ich meine das komplett ernst wenn ich sage, dass in Europe und den USA in absehbarer Zukunft ein Völkermord an Muslimen möglich bis wahrscheinlich sein wid

gulyas069

it already has taken root in the center

welcome to the coldest summer of the rest of your life

Tooze's climate change book announced for February 2027, can't wait to read about how everything is going to shit while everything is going to shit

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the fact that Mormons are allowed to live is insane. the US just randomly has a state dedicated to the Christian ISIS

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