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They are right. The root cause for polarization is wealth inequality which is caused by government fiat money printing; of which Facebook happens to be a major
by cryptica 6y ago
They are right. The root cause for polarization is wealth inequality which is caused by government fiat money printing; of which Facebook happens to be a major beneficiary. Facebook is therefore only a beneficiary of the problem and not the root cause.
Wealth inequality leads to inequality of opportunities which causes inconsistent experiences of the same economic system and causes polarization. One side's experience is characterized by constant struggle with repeated and almost inescapable failure (obvious glass ceilings everywhere)... The other side's experience is characterized by repeated success with little effort required and so they think that people on the other side must be extremely lazy or stupid.
- deleted 6y ago[deleted]
- tenarchits 6y agoHow are you distinguishing causation from correlation as it pertains to wealth inequality and monetarty policy?
- cryptica 6y agoBanks and governments are constantly injecting new money into the economy. If you look at how that money flows into the system, you will realize that governments mostly award big lucrative contracts to big corporations and banks loan capital entirely based on existing collateral owned... So it's pretty clear who is controlling the majority of all the newly created currency; those who already control a lot of capital. Then when you compound the returns on those investments, it's pretty clear what's driving accelerating inequality. Some entities are getting easy money and others are not. An entity which has access to easy credit can throw that newly printed currency on any asset and it will balloon in value over time at an accelerating pace... No matter what the asset is. The value of the collateral will increase faster than their underlying debts; these entities can thus keep borrowing in perpetuity. They can keep it going forever, so long as banks keep loaning them more money... Banks cannot stop loaning money to big capital holders because they know that it will lead to a catastrophic economic collapse. They are stuck in a vicious cycle wherein big corporations act like governments; constantly taking out new bigger loans to pay for the older loans... Or engaging in credit laundering through the use of shell companies.
- enko123 6y agoOne half the country is pseudo-Christian and the other half is promoting trans/transgenderism which is defined by Christians as Satanic. Doesn't take high IQ to see these things are not compatible and not directly the fault of FB.
- zepto 6y agoThis is obviously true. However Facebook is grouping people together into groups who only receive messages that reinforce these kinds of beliefs. It is amplifying and hardening them and making them more extreme. Is it the cause? Of disagreement? no. Of the extreme polarization? Yes, is one of them.