vanveenada

4 ms·

1.
by vanveenada 4y ago
it's a quadrilogy, not a book, but I'd pick Ada Palmer's _Terra Ignota_ series without hesitation. I'm comfortable arguing for it fitting within the constraint of the question, largely because it is making one sustained
2.
by vanveenada 5y ago
I mean this is neither here nor there, but "communism could work if only it could be done without authoritarianism" is not a Marxist take, doctrinaire or otherwise. If you're a bolshevik, you believe that having and defending
3.
by vanveenada 5y ago
Do you knit? Do you wear sweaters? The sweaters you have -- did you knit them? Do you wear shirts? Did you sew them yourself? If not, why are you so lazy?
4.
by vanveenada 5y ago
Fortunately, when there's wage-driven inflation there's enough effective demand in the economy to produce enough supply to provide enough taxation headroom to offset the effects of wage-driven inflation on people with fixed income
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by vanveenada 5y ago
found the Georgist!
6.
by vanveenada 5y ago
Correct, because nothing lasts forever in this fallen world. That said: the amount of time spent in a state of wage-driven inflation -- setting up the situation where temporary moments of price stickiness result in increases of effective de
7.
by vanveenada 5y ago
this is an example of "price stickiness." People selling goods tend to let the price stay at whatever level it's currently at longer than is strictly rational. Because prices tend to be sticky, wage-driven inflation tends to
8.
by vanveenada 5y ago
Yes, but because prices (including rents) are sticky -- it takes a while for them to adjust upwards to soak up the additional effective demand produced by increased wages. So long as wages are what's driving inflation , working people