Replying to Avatar Laeserin

Money is not essential to capitalism. It's just a way to delay the purchase of capital or inputs to capital, until a later date, making commercial interaction more efficient by abstracting away the pressure of time. That is why hard money is more valuable; it keeps its worth better over time.

Capitalism started with humans. "Those durable produced goods that are in turn used as productive inputs for further production" are what keeps us alive, even in unfriendly climates and when food has become scarce. It is part of the natural state of humans and that is why (primarily) the male/father of the species is preoccupied with building useful things that are used over and over without being consumed, like shovels, digging sticks, slings, knives, or storage sheds and containers. That is ingrained behavior, not something that arises out of the environment. Other animals also do this, but nobody does it like humans do.

Communism was an attempt to sever valuable capital from the producers who knew how to use it most efficiently, and redirect it at consumers, with the idea that the consumers would all magically turn into equally-efficient producers because they were only being held-back by lack of capital. Instead, everyone starved and the machines rusted. Like in Zimbabwe, after the land grabs.

Much more effective has been the post-communist focus on education and training, to create more producers, and those producers then seem to find a way to get the capital that they need because they have the lever that other people want them to produce and will pay them money for it and ensure they get the capital that they need to get the production done.

Bitcoin and other digital monetary transactions have lowered the "pay them money for it" friction down to "tap the screen of your cell phone", but only Bitcoin can resurrect capitalism in the medium term because it's the only money that is both digital and extremely hard.

Communism is when they take all the buffalo-hunting projectile weapons away from the fit hunters and hand them to 15 year-old girls and old men walking with canes, and expect the same result.

Because, you know, they want to be hunters, too. It's only fair.

#fairness

Ironically, it was the capitalistic hunters that created buffalo-hunting projectile weapons that 15 year-old girls and old men with canes can use well. We call them "rifles".

nostr:nevent1qvzqqqqqqypzphtxf40yq9jr82xdd8cqtts5szqyx5tcndvaukhsvfmduetr85ceqyghwumn8ghj7mn0wd68ytnvv9hxgtcprpmhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0qqs99mr8q6zm8pa99hm0zxapvuw4fqhnmvtgzqzu6rxda7xx0fj34vcty7hwp

Reply to this note

Please Login to reply.

Discussion

There are so many valid arguments against communism or in favor of capitalism. Why bother writing something like this? It's not you only. Many do it...

I'm literally debating a communist. 😅

Many of the people on here are probably communists or socialists, you know. #FreeShitArmy

I haven't seen a single communist here... There are many capitalists though...

There is also a constant definition issue. It is like building the Babel tower. One says something, another understands something else. Some admit that they don't really know some terms they use (that's the best case)

Huh? You can literally click on the source note and see the communist explicitly praising communism. 🤷‍♀️

Contrary to popular belief, communists aren't ashamed of being communists. They think communism is a good thing. That's why they're communists. They don't consider "communist" to be an insult, any more than I think "capitalist" would be an insult.

I write a lot of fundamental economic stuff. Communists wander over to debate me. Fair enough.

Ok i saw something, the thread is not loading well on amethyst. I think you know what i am saying.

Very mild communist. The first one. I could seem much more communist i believe.

Of course communists are not ashamed. Why should they? They have a false belief like everybody else 😀

I have seen a similar joke but from communists. Don't know who invented it first, but it's a joke nonetheless