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unfreeradical

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unfreeradical , to Work Reform in Why The Government Has Infinite Money
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No, I wouldn’t expect you to recognize nuance or complexity on any subject.

Everyone who holds a different view from you, who emphasizes different objectives, concerns, or values, is by your description slimy and stupid.

No one can make you engage nuance. All I can do is reiterate that the subject is broader than what may be captured in your curt generalizations.

unfreeradical , to Work Reform in Why The Government Has Infinite Money
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Fiat money maintains its value largely because the government will purchase labor, goods, and other assets without any concern for gain versus loss.

The state therefore generates demand even when and where private entities will not or cannot hire workers, make purchases, or invest.

unfreeradical , (edited ) to Work Reform in Why The Government Has Infinite Money
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JT, the creator of ST, certainly has expressed various views that many find problematic, respecting Marxism-Leninism and related historic events.

Nevertheless, the ST channel itself is curated to explain values and objectives that are largely noncontroversial in leftist circles, anti-capitalist and socialist. I feel JT deserves some acknowledgment for successfully explaining such ideas while separating some of his own more controversial leanings.

The broad observation is that the political world is not divided between those who criticize NATO and also laud Putin, versus those with sympathies exactly the inverse. It is possible to criticize the practices and alignments of one’s own nation, without having distorted views about another.

Views about the Russian invasion of Ukraine are too nuanced and complex that anyone’s may be reduced meaningfully to a few lines of text. It is helpful to avoid attempting clean demarcations between right versus wrong.

unfreeradical , (edited ) to Work Reform in Why The Government Has Infinite Money
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Because they can print as much money as they want, devaluing yours in the process

The observation that is politically relevant is that availability of money is not a constraint for the capacity of the state to ensure adequate provisions for everyone, as long as such provisions continue to be available through production.

Cryptocurrency is based on a fantasy of apolitical money. Bitcoin is not currency because designation of an asset as currency is political. The moment everyone realizes that Bitcoin has neither intrinsic value, like gold, nor state backing, like the dollar, the value crashes.

unfreeradical , (edited ) to Work Reform in Why The Government Has Infinite Money
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Capitalists absolutely love government debt, because it provides a vehicle for safe investment.

They bellyache about debt to bolster the austerity narrative that they use against public spending supporting working class interests.

unfreeradical , to Work Reform in Why The Government Has Infinite Money
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If wages rise with inflation, then workers gain relative to those with accumulated fortunes.

unfreeradical , (edited ) to Work Reform in Why The Government Has Infinite Money
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I disagree with your characterizations, especially about Nordic states. There was an entire episode criticizing the shortcomings of the Nordic model.

Most of the criticisms of capital are simply explanations of books that have gained attention and acclaim, and none conflates systemic criticism with conspiratorial intention.

unfreeradical , to Work Reform in Flashback - Mark Zuckerberg on billionaires: 'No one deserves to have that much money'
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These tactics are precisely intended to placate critics.

It is not good news when Bezos commits funds to charity and fighting climate change.

Good news would be the mass of society rising to end the conditions that cause climate change and that make charity necessary.

unfreeradical , (edited ) to Work Reform in Flashback - Mark Zuckerberg on billionaires: 'No one deserves to have that much money'
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Fortunately greater numbers are coming to realize that the Gates Foundation’s function was never much more than reputation laundering.

unfreeradical , (edited ) to Work Reform in Biden Will Join Autoworkers on Picket Line in Michigan, a Historic Move
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Applauding this without critical analysis is how Democrats diffuse political energy… The working class cannot sit back…

Exactly what needs to be understood more broadly.

We have been conditioned to believe that power is exercised only from the top down.

unfreeradical , to Work Reform in Bernie Sanders Champions 32-Hour Work Week With No Loss in Pay
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Again, I think you are misunderstanding the message.

The speech is not giving a promise that Bernie Sanders will make gains on behalf of workers.

Rather, it is giving encouragement to workers to make gains for ourselves, by building our own power against the oligarchs.

unfreeradical , (edited ) to Work Reform in Bernie Sanders Champions 32-Hour Work Week With No Loss in Pay
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The call is to build organized labor across the country, giving workers the power to shape society toward our interests, not to expect the ruling class to offer voluntary concessions that have no benefit to them.

unfreeradical , (edited ) to Work Reform in Wreck the economy because it only works for the billionaire class.
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Billionaires are the problem.

They should not exist.

They are not able to create change, only to maintain the status quo in which they continue to cause problems for everyone else.

unfreeradical , to Work Reform in Wreck the economy because it only works for the billionaire class.
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if they shape society, is that no contribution?

Billionaires shape society in their own interests, for unbounded accumulation of private wealth, generated from the labor of others, despite their not contributing any labor of their own, nor making any other contribution.

unfreeradical , to Work Reform in Wreck the economy because it only works for the billionaire class.
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Who claimed “only billionaires can create change?”

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