Chapo0114 [comrade/them, he/him]

I’m disengaging.

Curious, as the person who you were originally responding to deleted their comment. Is that per year or a one time expenditure?

Also, 36k is still literally 44-80% higher than your initial claim.

Data instead of anecdotes?

1975 =/= 1980. Looks like housing went up 64% in those 5 years from the data I already linked.

That’s an exaggeration. The median price for new construction in 1980 was $64,600. [1] As for existing housing stock, the median home value in 1980 was $47,200. [2] As housing prices are heavily right skewed, the prices of cheap housing is far closer to the median than the price of expensive housing. Based on a cursory overview of some charts, it seems like the bottom 20% of houses are no more that 30% cheaper than the median, putting them in the $30k range.

Most Americans have less than $1000 in savings. Unless you live day trip distance from something most people won’t ever see it.

I’m from hexbear, people are critical of it all the time on hexbear. You just can’t criticize China and not know the people there are far better off than those in the US

Omg this is the most redditor argument I’ve seen off reddit. No one likes a pedant.

Also, they do state they would pay off their mortgage, so not only are you a pedant but also a wrong one at that.

If you started with $100M, you definitely could buy yourself a house and car before donating the rest. Hell, you could buy it out of the $2M and still be better off than most folks.

Or less for less. I know a woman who is a manager of a dialysis clinic, as soon as she was making over 100k she started getting pushback from higher ups, having more oversight, and having her funds for extra services to patients / staff cut. It’s clear they want her out even though she has the lowest mortality in the region, because they don’t need more than beds filled (Medicaid pays) and legally required minimums to be met.

As opposed to the corrupt oligarchies liberal states are… I guess you just don’t call it corruption when it’s working as intended.

This just made China’s system click in my mind. Thanks Awoo

Socialism is also an economic system.

My partner worked in non-profits for years. Her advice is find local organizations (homeless shelters, local LGBT orgs, neighborhood revitalization orgs, ect.) that DO NOT have a national (central) office. Get to know their staff, their mission, and then make pledges to pay $X per month for the next X years. This is how they can best do the work they are passionate about to help people in need. Don’t put strings on the money and you are moving closer to mutual aid than tyranny.

Also, 66k with no rent or car payments.

This plan only costs you your humanity. You probably weren’t using it anyway.

Ah, thanks for the info. That’s actually what I suspect is happening with the new fractional shares thing, but the brokerage is the one retaining control.

I mean, some (most? Idk) of the means of production are owned by the state (ostensibly a proxy for the people, I’d rather it was more direct but the government has consistently high approval so I’ll give it a pass) and those are clearly socialistic.

But there are certainly factories and what not owned by capitalists, and as that accounts for much of the production that goes on in China, and as these products are not destined to serve the public weal but rather to be sent abroad as bits and bobs to be sold and promptly thrown away as serves global capital, I really don’t get the desire to not call this capitalism.

China, to me, has a very clear mixed economy with elements of both socialism and capitalism.

Wait what?

Yup. Great article about that and many other failures of capitalism here if anyone wants something to share with a fence sitter in their life.