3 ms·

Yes, the financial market is the main enabler of unproductive social parasitism in today's world.

by enriquto 6y ago

echelon 6y ago
So everyone should work until they die? Sounds delightful.
- eternalban 6y ago
  There are structural parasitic aspects to modern society. The distortions that result -- 0.1% owns nearly everything -- are the issue. No one is saying every person has to labor everyday of their life. Get rid of the distortions of the current set up and you will very likely have meaningful savings when you reach a reasonable retirement age. I am not in favor of UBI. In my experience, you are never given anything for free in this universe. An entire society dependent on the "welfare state" for life support? What if you say the "wrong thing" or think the wrong thing according to the "welfare state" that is putting food on your table and paying the rent?
- enriquto 6y ago
  No. The welfare state (and the UBI) are great social constructions! Unfortunately, they are in danger precisely by the parasitic activities of rent-seekers.
  - ghaff 6y ago
    Yes. Much better that younger generations are involuntarily paying for you not to work than people are voluntarily paying for your SaaS/book/property/etc. /s
    - enriquto 6y ago
      As a member of the younger generation that pays nearly 50% of my salary in taxes, I agree. I love my country and I love to pay taxes for it to be better! I do not understand why do you say it is involuntary, however? In a democratic country the amount of taxation is agreed upon by the majority.
      - ghaff 6y ago
        Rule of the majority (directly or indirectly) is not the same as me making a voluntary personal decision.
      - hmmgoesnowyes 6y ago
        Democracy is the oppression of the minority by the majority.
  - echelon 6y ago
    I'm working my ass off so that I won't have to work on what other people want me to do. I want to create the changes I want to see in the world, but right now that's not economically possible without amassing capital. If that amounts to me "parasitically" rent-seeking, then I'm sorry. I'm all in on that plan.
    - enriquto 6y ago
      If you work your ass off and you change the world for the better, nobody is saying that you are a parasite.
      - hmmgoesnowyes 6y ago
        Who decides what’s better?

Yes, the financial market is the main enabler of unproductive social parasitism in today's world.

echelon 6y ago

So everyone should work until they die? Sounds delightful.

eternalban 6y ago
There are structural parasitic aspects to modern society. The distortions that result -- 0.1% owns nearly everything -- are the issue. No one is saying every person has to labor everyday of their life. Get rid of the distortions of the current set up and you will very likely have meaningful savings when you reach a reasonable retirement age. I am not in favor of UBI. In my experience, you are never given anything for free in this universe. An entire society dependent on the "welfare state" for life support? What if you say the "wrong thing" or think the wrong thing according to the "welfare state" that is putting food on your table and paying the rent?
enriquto 6y ago
No. The welfare state (and the UBI) are great social constructions! Unfortunately, they are in danger precisely by the parasitic activities of rent-seekers.
- ghaff 6y ago
  Yes. Much better that younger generations are involuntarily paying for you not to work than people are voluntarily paying for your SaaS/book/property/etc. /s
  - enriquto 6y ago
    As a member of the younger generation that pays nearly 50% of my salary in taxes, I agree. I love my country and I love to pay taxes for it to be better! I do not understand why do you say it is involuntary, however? In a democratic country the amount of taxation is agreed upon by the majority.
    - ghaff 6y ago
      Rule of the majority (directly or indirectly) is not the same as me making a voluntary personal decision.
    - hmmgoesnowyes 6y ago
      Democracy is the oppression of the minority by the majority.
- echelon 6y ago
  I'm working my ass off so that I won't have to work on what other people want me to do. I want to create the changes I want to see in the world, but right now that's not economically possible without amassing capital. If that amounts to me "parasitically" rent-seeking, then I'm sorry. I'm all in on that plan.
  - enriquto 6y ago
    If you work your ass off and you change the world for the better, nobody is saying that you are a parasite.
    - hmmgoesnowyes 6y ago
      Who decides what’s better?