So that was a load of crap that doesn’t go into the causes of inflation. Here’s a brief summary of how inflation actually works:

Inflation is when the value of a good grows IN PROPORTION to the value of money. Yes, both things have value independent of each other, and as such, we can see supply driven inflation if a country’s currency is devalued with respect to other countries, as it makes it difficult to import feedstock.

There are two primary causes of inflation: supply driven inflation, and demand driven inflation. Supply driven inflation is when not enough goods are produced, as with covid supply chain disruptions. Demand driven inflation is when demand grows with respect to supply, as with using graphics cards to mine bitcoin.

It should be noted that even these are market forces caused by suppliers and consumers, suppliers and consumers themselves don’t directly set prices. The people who own the suppliers do. They must read and manipulate market conditions in order to get the most profit out of their product.

During covid, we have had supply driven inflation due to supply chain disruptions, and hoarding to a lesser degree. However, when these issues have been resolved, we haven’t witnessed prices going back to normal. This is because the bourgeois have successfully read and manipulated market conditions.

In a way, what the bourge has done is a variant of the application of the mass line. They saw that material conditions had forced consumers to acclimate to higher prices, making the conditions ripe for another price increase. So that’s what they did, then they sold it as the new normal.

TBC

🏴‍☠️

You can use a small knife to depress the tab that locks into the ratcheting.

I do it a lot to re-use zip ties

Capitalism vs socialism

Yep. But this video’s pretty spot on. Completely missing segments of how mainstream news and Hollywood is also part of the state, but a good intro.

Other than Maggie Fish, there’s not a lot of people that go into that.

Technically, what’s needed to sustain the business is cash flow; enough cash at the end of the pay period to compensate your employees and vendors.

A lot of R&D businesses and startups don’t make any profit, but they continue operations through loans, in the hopes they discover their niche.

It’s not really a lie, because in capitalism, profit is mandatory for your business to be sustainable. Non-profits still have to make a gross profit when it’s all said and done. It’s just that they don’t retain a net profit.

Profit is the money left over after paying your employees and other expenses.

Non-profit does not necessarily mean they won’t earn a profit, it just means their goal is to not earn a profit.

So if they project that they will receive enough donations to earn a profit, they may choose to use more money to further their charitable activities, give their exec bonuses, advertising, etc.

Sometimes, they will fall short in spending and retain a profit.

Guryong Village If anyone’s wondering.

They’re called moka cups

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?

I put it in chart for for you as well. To get an exploitation ranking score, I took the differences between the cases sent and received, then divided it by the log of the gdp of the country.

So a smaller country that sends more suits like the Netherlands, will be more exploitative.

Imgur.com/a/qiko10x

I got the feeling that it was EU import restrictions that they mainly didn’t like.

There was a lot of difficulty getting goods into the EU from Britain after brexit, so those restrictions may have applied to imports into Britain prior to brexit. Looking at the data, there has been a spike in imports after Brexit despite covid and lockdowns. (Fig 1.1)

https://ukandeu.ac.uk/wp-content/uploads/2022/04/UKICE-Supply-Chains-Report_Final.pdf

Marx: the contradictions within capitalism will tear itself asunder

Boy boy:

Marx:

Also, someone explain why the top 10% are getting almost as much social benefits and non-profit funding as the 0-10%?

The fall is inevitable because it creates revolutionaries. But it’s up to the revolutionaries to take action.

Well, you just go through it bit by bit and eventually you’ll make it through everything.

It also depends on your background on where you should start. If you have a background in some areas, it’ll be easier for you to pick up some theory than others. Like, I got through das kapital fairly easily because I had experience in economics before picking up the book, but I found Engles’ work difficult. Despite being a businessman, he doesn’t write about business a lot.

I grew up immersed in MZD thought, so Mao was a fairly easy read as well.

If I had to condense it, I’d say that Mao’s oppose book worship, the communist manifesto, and principles of communism are good for basic primers. (All are short) Das kapital, state and revolution, and imperialism, the highest stage of capitalism as more advanced theory. And Mao’s on practice and contradiction for praxis and leftist unity.

Not only criticism but self criticism is important

Being open about corruption is a communist tradition. Xinhua continuously publishes articles on corruption.

Google “English.news.cn corruption party members”

Going back to Lenin, his works are mostly rebuttals against the policies of the second international. Stalin’s essay “burkharin’s group and the right deviation”. Khrushchev’s secret speech.

And that’s just some of the famous ones.

I talked to a native Chinese woman who said that China is not a communist country.

… while her family worked for a state owned corporation, retired at 55, has amazing medical insurance, and is receiving a pension three times their salary.

She also claimed that there’s a lot of competition for jobs in state owned companies because they pay a lot more, have more stable employment, and better benefits than privately owned companies.

… while saying that China is successful because they transitioned to a free market economy with minimal gov intervention.

Like… yes, it’s important to get others opinions. But… also understand that the people you ask… may not have the full picture.