It’s called Macro Musings if link doesn’t work.. This ep is fun too. Broskis flirt with concepts of modern monetary theory without actually saying modern monetary theory. Can’t keep this known secret hidden from the masses for much longer tbh. But in the mean time let’s keep shutting down the government for edgelord chaos drama points while ignoring the ever growing shadow banking problem. YOLO.
I found a beefy macro econ podcast for any extra hard nerds out there:
Real interesting to hear caught-with-pants-down orthodox economists use the term Luddite to describe those who question the validity/risks of policy practices of central banks and wall street. Lots of telling history with the rare proper pejorative use of the word. Yet silly little hegemonic loving tech bros believe the term means being against technological progress. If only you CoUntErCulTurE aNTi-eStaBLiShMeNt antisocial bitcoin maxipads had a coherent ideology. 🙄
It’s too hot out. I’m wilting. Sunny weather is overrated.
what is Value
Tonight someone who I thought I could trust decided to kiss me without my consent. Haven’t kissed anyone in like 3 or 4 years.
Kind of mad.
Something that moves like the wind, swift as the dark they are hunting again.
just so you know, negging gives off real pick-me energy
🖕
Anxious
Remember kids, capital is fictitious until it is valorised.
sound designer, composer, talent
you’ll get there king
16:40
Sigh.
I’m so thankful I found reading, and refound learning.
After work coffee + book + jazz = my happy space
teehee ðŸ¤ðŸ”Ž
making the real moves 😤
I want to share an analytical framework for whoever reads this. It will help you understand the world more efficiently, but it will take time to learn how to apply it correctly. It’s such a powerful tool that in the future I risk my life by sharing this.
dialectical materialism
noun
The Marxian interpretation of reality that views matter as the sole subject of change and all change as the product of a constant conflict between opposites arising from the internal contradictions inherent in all events, ideas, and movements.
The concept of reality in which material things are in the constant process of change brought about by the tension between conflicting or interacting forces, elements, or ideas.
-The negation of the negation-the way that phenomenon and structures produce their opposite. Capitalist private property is the negation of individual private property.
-Sublimation-to be overcome yet preserved. Monopolies create the material basis for socialism as they aggregate and concentrate productive forces.
-Unity of opposites-the essential contradiction within capitalism is the labor capital relationship-the internal drive of capital to forever expand the accumulation of surplus value brings the unity of opposites, labor and capital, into growing conflict with each other
-Transformation of quantity into quality-while the capitalist has an interest in maintaining the contraction and creating the illusion of capital’s permanence, the objective interest of labor is to resolve the contradiction thereby changing the quality of production relations. The quantitative changes provide the basis or possibilities of qualitative change.
Marx developed this method by challenging vulgar materialism for its tendency to ignore the totality and the relationship between consciousness and material reality. Totality refers to the total of existence in any given moment. Marx rejected pure idealism for substituting material reality with the idea of reality ie with abstract thought. Idealism leads to the false assumption that alienation or estrangement can be overcome in the realm of thought alone. As if we can change our material reality by changing our ideas and beliefs. Marx’s dialectical method is based on the unifying truth of both. It is not enough that thought should seek to realize itself, reality must also strive toward thought. Marx’s method entails the examination of the relationship between ideas and material reality, specifically as it pertains to class struggle and the emancipation of the proletariat. Dialectical materialism embodies a deep revolutionary optimism. Drawing attention to the fact that the future already exists as an unrealized potential within the preset demystifies the seeming permanence of capitalism.
Currency is government..
It’s the value system agreed upon by a community
Everything is politics… the sooner people realize this the sooner we can all let it go