At the very least, these indicators can be viewed as how much their conditions could potentially improve.
At the very least, these indicators can be viewed as how much their conditions could potentially improve.
Measures such as the stock market and GDP were meant to act as proxies for measuring how well the economy was accomplishing its stated purpose, which is to improve the standard of living for everyone.
I would argue that they aren’t and never have been a measure of how well the economy is at distributing resources. Stocks haven’t been accessible to the working class until recently. And GDP is neither normalized to PPP nor gives any indication as to its distribution among the populace.
The “economy” (read: bourgeois economy) has never been connected to the masses. If you measure how well businesses are performing, then it only tells you how well businesses are performing. That’s why these indicators are lagging and not leading.
Yea, I just want to give you some context going into the speech.
Trade with EU is exploitative of eastern Ukraine and the trade deal will prevent its development. The whole of Ukraine was split on the issue between east and west.
The whole thing started with the comprehensive trade agreement between Ukraine and the EU. Yanukovich had wanted trade with both Russia and the EU. But both Russia and the EU were forcing Ukraine to pick a side. Making a trade agreement with the EU would have forced Ukraine to change their regulations, negatively impacting trade with Russia, and having them become more dependent on the EU. There was also a significantly higher chance their net trade would decrease if they signed this agreement. So if they went with the EU, it would have totally screwed over eastern Ukraine.
I should mention that at the time, Russia was providing the majority of trade with Ukraine by a fairly wide margin. So it was much more practical to go with Russia.
The decision to put the EU trade agreement on hold, had sparked euromaiden, leading Russia to reclaim Crimea in response, which sparked the civil war.
I should also mention that Ukraine is a third world backwater country. Its gdp per capita is lower than some African nations, and is three times lower than their neighbours Russia and Poland. It’s not a country full of Nazis and reactionaries, no more than Guatemala. It’s just people who’ve been fucked over and exploited.
It’s a useful way of viewing risk/reward and it’s not incompatible with communist theory.
For example, if you take the prisoner’s dilemma and change the risk/reward structure, you can change the equilibrium such that it’s far more likely to have people cooperate.
Unfortunately, that’s not really something that people talk about all that often, because it’s only used to optimize winnings for one party, not to optimize for maximum societal benefit.
When’s the last time that you changed your furnace filter?
If you don’t have access to that, you tape a filter to a box fan to purify the air. Or go for broke and get a dyson filter / heater.
Also take a moist cloth and wipe down everything once a week, then sweep/mop your floor.
I’m tired 90% of the time, but I’m so used to it that I don’t feel tired until there’s a lull.
I get maybe 5-7 hr of sleep a night. I got 7 hr last night and 4 hr the night before.
Spend some time on Reddit and you’ll learn through practice.
IMO, it’s a waste of time
Whenever you see democracy, it means bourgeois democracy.
If this is the shit you find on Twitter, then I’m glad I never started using it
That is true, but I feel like there needs to be a distinction between capitalism and capitalism in decay. So I used the term fascism, as it helps get my intent across.
Capitalism will consume itself. As socialists, we have be ready so that when it does, society will be turning to socialism as the solution and not fascism.
Guryong Village If anyone’s wondering.
No, mixing coffee and tea together and chugging it while claiming that it’s the superior drink would make you a centrist.
I extract the caffeine through food-grade ethanol, concentrate it in a rotovap, combine it with a thickener and surfactant, whip it and serve on top of a slice of bagel.
What flavour am I?
The US economy is doing well, almost to the point where the US can start to raise interest rates to fight inflation.
But the whole world, excluding the eurozone because of energy, is doing well. If this continues, pushing imperialism onto the eurozone becomes an option for the US.
I think that just by making this post, you already know how this is going to play out.