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Joined 1 year ago
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Cake day: June 17th, 2023

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  • Well it’s similar to what Churchill said about democracy… it’s a bad system but it’s better than all the others.

    If you can put ideology aside and think in terms of economics, in many industries capitalism offers an efficient way of determining the an optimal price and quantity to produce considering the costs and value something brings. And it’s something that allows for industries to function without an excessive amount of centralized planning which will often get things wrong.

    But it’s like a machine in a many ways. And like any machine it requires maintenance. Things like trust-busting, progessive taxation, regulations, and occasional stimulus are necessary to keep it running smoothly.

    But once you bring ideology into it, it all becomes a shitshow. Some will argue capitalism is a perfect machine and any kind of maintenance on the machine will ruin it’s perfection. Others take any kind of maintenance on the machine as a sign the machine will inevitably fail and needs to be replaced entirely. But then we go back to the beginning where other systems have been tried and they’re worse. Charlatans, grifters, ideologues abound pushing people in every direct except for simply taking reasonable measures to keep the machine running smoothly. There’s an almost religious devotion towards arguing the either the machine is perfect or the machine is doomed to failure and not only should be replaced they should accelerate the failure so it can be replaced sooner.

    Zealots from all sides demonize the mechanics that are simply keeping things running. A lot of emotional nonsense about this thing. But to an economist, it’s just a machine with both strengths and weaknesses. The functioning of the machine is well understood, and the other machines that have been tried didn’t really work.















  • Yeah it’s a weird thing about parasocial relationships. You like someone based on things you’ve seen about them on TV and then you start feeling like you know them. But really, nope you don’t.

    I think it’s fine to like famous people, but just understand that you don’t really know them. If you later find out they’re a horrible person well then don’t like them anymore and it’s no big deal. You only like the things you know about the person, but if you avoid going down the road of feeling like you really know them, it’s fine.



  • You commented on air strikes but omitted the reason for the air strikes. I’ve corrected your omission.

    Also from the article:

    “It is inconceivable that they [the weapons dealers] are not operating on the Houthis’ behalf,” said the former British Ambassador to Yemen, Edmund Fitton-Brown, who now works for the Counter Extremism Project.

    Do you have any evidence to back up your claims that it’s Yemeni civilians that are buying the weapons to protect themselves from the Houthis? The ambassador indicates the Houthis would shut down such activity.

    What actual evidence do you have to support your claims?