6 ms·

Never seen such crap on this site.

by PappaPatat 6y ago

cryptica 6y ago
What's wrong with it?
- PappaPatat 6y ago
  Some dude ranting about "how the system works" where "you are all slaves" and "they get free money" does not help anyone but the youtuber who's collecting views.
  - cryptica 6y ago
    But this is the reality and it does help people to know about this. For the same amount of money, we don't all have to work as hard or produce the same amount of economic value, this is a true fact and it's ethically wrong. The economic reality of our situation affects every person on the planet so it affects everything. It's vitally important that we all understand how the system works even if explained in such hand-wavy way. It's no coincidence that they don't teach this in schools. You'd think they would want people to know how money is created; after all, everyone spends their entire lives working for that money but we know nothing about it - The elites who control the banks don't want people do know because people would be able to see so many issues. Isn't it strange that in school, we learn Maths, Physics, Chemistry, English, Geography, History... The arguments used for teaching those subjects is that they provide a good foundation of knowledge for all citizens... but when it comes to one of the most important subjects in our lives which affects every single citizen, we don't know anything about it. We all come out of school having a pretty good idea about how gravity works but we know almost nothing about how the financial system works (even though knowing about the latter can be used to our our advantage). It's no coincidence. If the majority of people knew, the current system would collapse and be replaced by something better.
    - kakwa_ 6y ago
      Well, wealth allocation (through money and debt creation in our modern world) is a really complex topic. And it plays into various aspect of human knowledge and behaviors, from Maths and Physics to History, Sociology and Psychology. It's a very difficult topic to grasp and is subject to various changes, from vested interest of groups (said group which itself could be composed of competing entities) to ideological decisions. Crying wolf and having borderline conspiracy theories about "how the government is here to robe you!" and "how the elites are here to maintain ignorance!" doesn't help this discussion. The real discussion is how wealth should be allocated: toward which goals? (consumption? investments? which kind of consumption or investments?) by who should it be allocated? (banks? selected individuals? governments?) What is the "correct" wealth distribution (high or low inequality, more or less towards investments or consumption etc). If you frame the debate this way, you start to have more constructive criticisms of today situation and the current system (Which don't get me wrong, is definitely flawed and biased toward wealth concentration). And I've seen videos on Youtube doing exactly that, contrary to the video linked there which is more about ranting, is poorly structured and doesn't give a clearer view of the situation.
      - viklove 6y ago
        > It's a very difficult topic to grasp and is subject to various changes, from vested interest of groups (said group which itself could be composed of competing entities) to ideological decisions. This is so disingenuous and reeks of a superiority complex. "This system is too complex for poors to understand, that's why we, the educated and wealthy, are printing more money for ourselves. It will trickle down, we promise! We're really smart and know what we're doing!" > Which don't get me wrong, is definitely flawed and biased toward wealth concentration Exactly right. It's not complicated because it needs to be, it's complicated to hide layers and layers of corruption where we have codified methods for handing more money to people who already have enough of it. > you start to have more constructive criticisms of today situation I disagree with this. The average American has no avenue for "constructive criticism" of this system, because the average American has no access to the political system. The only way to combat this problem is to raise hell, and possible even to spill blood -- considering how soon our corporate overlords are willing to sacrifice us to preserve their quarterly earning reports.

Never seen such crap on this site.

cryptica 6y ago

What's wrong with it?

PappaPatat 6y ago
Some dude ranting about "how the system works" where "you are all slaves" and "they get free money" does not help anyone but the youtuber who's collecting views.
- cryptica 6y ago
  But this is the reality and it does help people to know about this. For the same amount of money, we don't all have to work as hard or produce the same amount of economic value, this is a true fact and it's ethically wrong. The economic reality of our situation affects every person on the planet so it affects everything. It's vitally important that we all understand how the system works even if explained in such hand-wavy way. It's no coincidence that they don't teach this in schools. You'd think they would want people to know how money is created; after all, everyone spends their entire lives working for that money but we know nothing about it - The elites who control the banks don't want people do know because people would be able to see so many issues. Isn't it strange that in school, we learn Maths, Physics, Chemistry, English, Geography, History... The arguments used for teaching those subjects is that they provide a good foundation of knowledge for all citizens... but when it comes to one of the most important subjects in our lives which affects every single citizen, we don't know anything about it. We all come out of school having a pretty good idea about how gravity works but we know almost nothing about how the financial system works (even though knowing about the latter can be used to our our advantage). It's no coincidence. If the majority of people knew, the current system would collapse and be replaced by something better.
  - kakwa_ 6y ago
    Well, wealth allocation (through money and debt creation in our modern world) is a really complex topic. And it plays into various aspect of human knowledge and behaviors, from Maths and Physics to History, Sociology and Psychology. It's a very difficult topic to grasp and is subject to various changes, from vested interest of groups (said group which itself could be composed of competing entities) to ideological decisions. Crying wolf and having borderline conspiracy theories about "how the government is here to robe you!" and "how the elites are here to maintain ignorance!" doesn't help this discussion. The real discussion is how wealth should be allocated: toward which goals? (consumption? investments? which kind of consumption or investments?) by who should it be allocated? (banks? selected individuals? governments?) What is the "correct" wealth distribution (high or low inequality, more or less towards investments or consumption etc). If you frame the debate this way, you start to have more constructive criticisms of today situation and the current system (Which don't get me wrong, is definitely flawed and biased toward wealth concentration). And I've seen videos on Youtube doing exactly that, contrary to the video linked there which is more about ranting, is poorly structured and doesn't give a clearer view of the situation.
    - viklove 6y ago
      > It's a very difficult topic to grasp and is subject to various changes, from vested interest of groups (said group which itself could be composed of competing entities) to ideological decisions. This is so disingenuous and reeks of a superiority complex. "This system is too complex for poors to understand, that's why we, the educated and wealthy, are printing more money for ourselves. It will trickle down, we promise! We're really smart and know what we're doing!" > Which don't get me wrong, is definitely flawed and biased toward wealth concentration Exactly right. It's not complicated because it needs to be, it's complicated to hide layers and layers of corruption where we have codified methods for handing more money to people who already have enough of it. > you start to have more constructive criticisms of today situation I disagree with this. The average American has no avenue for "constructive criticism" of this system, because the average American has no access to the political system. The only way to combat this problem is to raise hell, and possible even to spill blood -- considering how soon our corporate overlords are willing to sacrifice us to preserve their quarterly earning reports.