• 2 Posts
  • 176 Comments
Joined 1 year ago
cake
Cake day: January 12th, 2024

help-circle

  • Grocery value didn’t go up. Real wages went down. We should measure inflation based on cost-of-living.

    Groceries don’t really get more expensive, because the methods for producing food don’t really get less efficient over time; if anything, it’s more efficient. So there’s no real reason for them to become more expensive.

    Instead, wages declined. I’ve already commented many times that the labor market is a free market, that means it’s regulated by Supply and Demand. I.e., if prices for labor go down, as we can observe, then that can be interpreted such that supply of labor went up (women go to work too, offshoring labor to other countries, immigrants, …) or that demand for labor went down (automation, end of growth, …).

    I honestly think that both cases are difficult, where the supply of labor could be a bit reduced by kicking out immigrants and home-shoring labor (and also, to a lesser extent, making it more difficult for women to work), which btw some advisers to trump are seemingly trying to do, but my honest opinion is that it won’t bring wages up to how they were in the 1960s. Demand for labor is shrinking too, due to the end of growth and now AI and other automation techniques. I guess we’ll have to face that.


    edit: just to offer an optimistic outlook, i think that consumerism and therefore demand for consumer products could be stimulated by simply giving handouts to people. most people will spend most of the handouts immediately, and that stimulates consumerism. and that in turn stimulates the economy.










  • gandalf_der_12te@discuss.tchncs.detoFuck Cars@lemmy.worldThe dream
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    3
    ·
    8 days ago

    I know many don’t like this but i’ll say my opinion again:

    Public transport should be built on the coastlines, which coincidentally also are blue states, because there’s a high population density and public transport makes sense there because of the frequency.

    Public transport does not and never will make sense in the midwestern and rural areas of US. The major reason for this is that people there simply largely (70% of people) don’t want it. You can’t get something through against the will of the local population. Just deal with it. You won’t be able to take a train from the East Coast to the West Coast, you’ll still have to fly (or drive) that distance.






  • There has been a study done in 1970 called The Limits to Growth that predicted that exponential economic growth would come to a halt necessarily, because you cannot have infinite growth in a finite system. It took many decades more than predicted, but I suspect that we’re actually at this point now.

    Workplaces mostly exist nowadays to grow the economy. It takes rather little work to maintain the world nowadays. That is why we’re facing a declining demand in human labor.

    Since the labor market is a free market, it is regulated by Supply and Demand. That means, if supply is high, prices drop; if demand is high, prices rise. On the labor market, that means that a declining demand for human labor leads to lower prices for that labor, a.k.a. wages.

    That is the crisis that the US is currently facing: Declining wages, a.k.a. inflation, a.k.a. Cost of Living crisis.


    That crisis cannot be tackled by technology alone. We need socialism, i.e. the basic decency to treat humans well because humans deserve to be treated well; independent of economic output.

    That is what i’m advocating for: UBI (Universal Basic Income), which means that everybody gets enough resources to live.

    However, that UBI has to be financed somehow. Printing new money doesn’t work because it leads to hyperinflation. So, the money must be collected through taxes. It is straightforward that only the rich can pay these taxes, because they are the only one who has a lot of money to actually give.

    To end this article, i’d like to point out that further economic growth is not possible inside Earth’s limited space, but it is possible in outer space, because there’s infinite space above. Humans just have to go there.


  • WTF is up with 40?

    People have names.

    I suppose that a counterexample to this might be Tibetan children, who get named at puberty, IIRC. Before that, they have no names. They are just referred to as “child” or “somebody’s child”.

    People’s names are all mapped in Unicode code points.

    I suppose a counterexample to that might be cultures which do not use script in general. Then, obviously, there’s no Unicode characters for these non-existant glyphs.




  • I’m not sure about the details yet. I think, libraries give you 1 chip card that contains a public/private key pair that you can use to “proof” yourself on the internet. Ideally, it would have widespread support and many platforms (both fediverse and commercial platforms) would support it.

    I think it may or may not be tied to your person, i.e. you might get that chip card without any kind of ID. Then it wouldn’t matter so much if it leaks. But idk, just floating ideas here.