wbsss4412

17 ms·

91.
by wbsss4412 4y ago
It’s not the same thing, if you only care about these issues when they are related to Americas enemies (eg China, Iran, etc), then you are inconsistent.
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by wbsss4412 4y ago
I don’t require everyone to care the same about all issues, that wasn’t my point. My point was people who care about labor rights, shipping jobs offshore, etc are selective about those specific issues. Never said they had to care about othe
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by wbsss4412 4y ago
It is not mostly capitalist. A system with the property rights that exist in China is a long cry from any reasonable definition of capitalism.
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by wbsss4412 4y ago
Shift to markets, stringent capital controls, consolidation of massive state owned enterprises, encouragement of joint ventures between Chinese companies, western companies, and the government, lack of stringent IP laws/rights. Some of
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by wbsss4412 4y ago
Western FDI has definitely played a major role in China’s growth, yes. Note that my comment doesn’t call that into question though, only that the conversation around chinas success is almost always grossly oversimplified to suit ideological
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by wbsss4412 4y ago
They are indeed. It is quite clear, however, that most analyses of their economic successes don’t add that nuance and come to the predetermined conclusion that I outlined above: the success is due completely to adopting western capitalism,
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by wbsss4412 4y ago
China is dominated by state owned enterprises and many of the private investment is in joint ventures with local governmental authorities. People like to gloss over the more complex reality that is Chinas actual economic structure when it b
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by wbsss4412 4y ago
The China duality: It seems that China is a capitalist country when people want to discuss their achievements, and a communist country when they want to discuss their faults.
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by wbsss4412 4y ago
There are plenty of people who are extremely selective with regards to their outrage on each issue, though.
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by wbsss4412 4y ago
It’s called not being able to pay rent. Are a disproportionate number of those people suffering from addiction and or mental health issues? Yes. But make no mistake, the gap between people apartment shopping and people living on the street
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by wbsss4412 4y ago
The west has always been at the forefront of building/creating social credit.
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by wbsss4412 4y ago
My understanding is that inflation is based on the monthly payment number, not on the sticker price of the house (though I’m not all that confident in that assertion). It’s meant to reflect actual consumer spending baskets.
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by wbsss4412 4y ago
Allow for a 3% down payment, but add in a requirement for PMI until you’ve hit a sufficient amount of equity, raising the cost of the front end of the loan.
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by wbsss4412 4y ago
> Housing is another red herring, of course, because the average new American home is 2x bigger now than it was in the 70s. Roughly speaking 1 square foot of the average home costs exactly the same as it used to in the 1970s. [1] And the
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by wbsss4412 4y ago
My experience having worked in several different jobs across several sectors, both in the public and private sector: email is still used heavily internally and it is the default for most people. The formality of email has decreased over the
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by wbsss4412 4y ago
I’m not sure when, but as someone who is in their early 30s, what you’ve described is all I’ve ever experienced. It seems that it likely started to change post 2008 due to the persistently high unemployment and the shift to online applicati
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by wbsss4412 4y ago
They stopped printing money last year and have been actively contracting the money supply for several months.
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by wbsss4412 4y ago
RE: your example, what exactly does that example have to do with the federal government? The guy threatened to sue, those laws apply the same in the private sector.
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by wbsss4412 4y ago
I’ve personally never witnessed this, and I’ve worked in government and know people who work in government in other contexts, and I haven’t ever heard of an actual anecdote to that effect either. I’m sure it exists, but the meme seems overb
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by wbsss4412 4y ago
Are those margins only on their broadband business? Comcast has other ventures as well.
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by wbsss4412 4y ago
That’s why it’s important to help people understand that’s it’s not about eliminating cars entirely, but about substituting significant numbers of trips. The YouTube channel NotJustBikes has gained a lot of notoriety over the last couple of
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by wbsss4412 4y ago
> When Congress approves an increase of the debt, I presume it's actually allowing the issuing of more treasury bonds, is that correct? Congress approves budgets, and when the budget has a deficit it implicitly requires the issuance
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by wbsss4412 4y ago
What sucks about the iPhone mini?
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by wbsss4412 4y ago
1. I never said it was unfounded. 2. I’m unaware of an instance where huawei was used to attack the US.
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by wbsss4412 4y ago
1. The fed makes loans to member banks, this money isn’t backed by deposits like it would be at a traditional bank. The fed “raising rates” refers to the interest it charges on these loans. 2. The fed makes asset purchases on the open marke
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by wbsss4412 4y ago
What’s hard to accept about it? The US has existed in a state of national security paranoia for a long time.
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by wbsss4412 4y ago
That’s because it largely is sinophobia (or more reasonably on the American side, blind nationalism). That said, I would caution against the temptation to “grade on a curve” here. While it’s true what you said, that there’s no direct eviden
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by wbsss4412 4y ago
The gap between the actual theories and the popular conception is what I’m commenting on. Note that these theories are actually generally descriptive, no one wholesale invented capitalism. For the entirety of human history we have had syste
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by wbsss4412 4y ago
Your compensation is determined by your power within an organization, not your contribution to it. What blows my mind is the degree to which people believe that perfect competition exists everywhere and “the market” will fix all inefficienc
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by wbsss4412 4y ago
> all just 'me too' products levelling the ego system Apple created what was pretty much the first real platform for selling music online with iTunes. You could call Apple Music a “me too” move, but they really pivoted an exist

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