News for hackers. Stuff that matters.
Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by spaceribs on Wednesday April 29, 2020 @10:39AM (#23019782)
blaming "Blue Checkmarks" for the fact that people are being victimized by capitalism during a pandemic makes me sick to my stomach. What a hopeless year this has been.
Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by michaelyoshika on Wednesday April 29, 2020 @03:51PM (#23023379)
I totally agree with you. In the richest country in human histroy, people shouldn't be forced to live paycheck to paycheck.
Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by dudul on Wednesday April 29, 2020 @10:42AM (#23019830)
People victimized by capitalism (and I totally agree that this is the current situation btw) don't need to be called names or selfish, or idiots, by people who are not victimized.

I'm blaming privileged people for lecturing and gaslighting people who are not as privileged.

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by 3131s on Wednesday April 29, 2020 @11:32AM (#23020416)
I totally agree with you.

It seems like no one is understanding your point... yes, it's an absolutely terrible idea for people to go back to work right now, but if it's literally between that and going hungry (because you know your government won't do shit to help you), then it's no surprise that some people will want to go back to work out of sheer necessity. In fact I'd be shocked if most of these Silicon Valley tools would come to any different conclusion if they were actually in the same boat.

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by cpursley on Wednesday April 29, 2020 @10:45AM (#23019879)
> "victimized by capitalism during a pandemic "

Care to explain? Last time I checked, it was governments (monopoly of force) who issued stay at home and quarantine orders.

The US economy in not capitalist despite the popular belief; it's mixed. The current pain would not be as bad right now if it were not for the artificial asset bubbles that were created by Keynesians via cheap money in response to the last recession...

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by inscionent on Wednesday April 29, 2020 @10:52AM (#23019970)
> monopoly of force

We The People

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by mindslight on Wednesday April 29, 2020 @11:09AM (#23020147)
The last response is the cause of our current predicament, but the dynamic has already been continued creating the next big crunch - the first thing the government did in response to this crisis was to lower interest rates, and the second thing was to subsidize six trillion dollars of corporate debt at the fake rates rather than letting the market correct itself.

Sure, the problem isn't actually capitalism per se, but rather the rent treadmill fostered by extreme concentrations of capital. Our economy is strongly centrally planned via artificially low interest rates, with the overt goal of making everyone work full time - essentially by eroding labor's bargaining power versus capital.

If someone's latent paradigm causes them to see this dynamic as endemic to late stage capitalism, nitpicking with no true Scotsman isn't terribly useful unless you have a plan to keep the people who control large capital accumulations from continuing to influence monetary policy to their benefit. Putting aside terminology, your gripes would likely have more in common than not.