> that machinery being so expensive is part of a long tradition of 'developed countries' (powerful peoples) wielding power over other weaker countries by means of technological availability restrictions.
I'm having real trouble unpacking what you mean here. Machinery is expensive because... there's a worldwide cartel keeping prices up to keep out new players? Could it also be that making machines is hard and requires a lot of research/labor/material?
Re:Bank Run at Silicon Valley Bank
by originalcopying on Thursday March 09, 2023 @06:38PM
(#35088455)
> there's a worldwide cartel keeping prices up to keep out new players?
yes that's what i'm saying, have you ever heard about the real (as in royal) spanish mafia? or the english one? what about any famous german cartels? no? me neither, because those are all part of 'legitimate' government i.e.. they're the 'mafia' that won last.
re-adjusts tinfoil h̶a̶t̶crown
The history of the textile industry is but an instance of this historical pattern of behavior.
all I'm saying is that it's all part of the same 'power system' of government and order.
in the end, interests is comparable to imposing a rent on upon time usage. i.e. interest forces us to pay with money for the time we live (or time we spent), regardless of whether we are working or doing whatever, regardless of where we are as long as we are under the influence of money created through loans with interest.
that we must pay taxes on top of the interest exacted from all of us is just a cherry on top.