🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

The UK economy was similar to, or slightly above, the US while Labour were in power The UK economy stagnated, with most institutions in ruins, under 14 years of Conservative control. The cause seeming to be austerity, privatisation, and corrupt waste Right wing ideas were wrong

Norway and Sweden have higher wealth inequality, but lower income inequality. Denmark and Finland have a similar wealth inequality, and lower income inequality. All four have more billionaires per capita than the UK. Decreasing inequality isn't bad for billionaires #Inequality

They're about similar in efficiency. The issue is access to capital. Things are set up to function assuming employer-owner companies. So more worker-owned access to capital could be set up.

Conflict did happen in the West, it's just that instead of revolution there was compromise with things like the New Deal. You could say that democracy allowed that, unlike in Russia and China. That compromise was broken in the 80s with neoliberalism, so you get more socialism.

What do you think a food bank is? There isn't a lack of food, but there is a lack of food getting to the people that need it. There is artificial poverty here.

Lets say $100 is created by two people working together. Option 1: One person gets $90 and the other gets $10 Option 2: One person gets $80 and the other gets $20 They both win, but clearly in the second option the poorer one is much better off.

Do people forget that the UK was run by the Conservatives for 14 years? Austerity running every institution into the ground. Or just lying?

These are all good ideas. I didn't know New Zealand had part proportional representation.

open.substack.com/pub/wondereaso…

In a world where automation and AI are reshaping work, the era of "post-labor economics" is on the horizon. Imagine a future where your income isn't tied solely to a 9-to-5 grind, but drawn from a diversified "post-labor portfolio." This mix of universal supports, shared assets,

This doesn't account for: 1) PPP Adjustment (Cost of Living) 2) Income Inequality 3) Public Services output not priced into GDP 4) Efficiency of converting GDP into standard of living Inequality-adjusted Human Development Index (IHDI) might be closer to the truth.

A good option would be fully automated solarpunk, with universal basics for economics. Peter Thiel, on the other hand, seems to support an anti-Enlightenment tech-feudalism dystopia.

Major new study finds that 4-day workweek (with no reduction in pay) leads to: --> higher productivity --> more revenue --> Less stress, fewer feelings of burnout, and improved overall health and well-being.

Because the prices going up under Biden were mostly because of Covid break supply chains, and then the Ukraine war increasing international gas prices. Inflation caused by tariffs are needlessly caused by Trump.

Progressive taxes are used because the wage distribution system assumes primary assignment of wealth created should go to direct ownership. There's no reason to assume this.

Cenk is just right here: youtube.com/watch?v=gfzzXX…