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Cake day: June 9th, 2023

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  • merc@sh.itjust.workstoMemes@lemmy.mlHow capitalism works
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    17 days ago

    It’s so lazy to describe capitalism backsliding towards feudalism as “late stage capitalism”. If capitalism actually had “stages”, you’d have to progress forward to reach later stages. Backsliding towards the feudalism that birthed capitalism isn’t some kind of “late stage”, it’s capitalism failing and feudalism reasserting itself.



  • That looks more like feudalism.

    For Capitalism there should be multiple different money scoops, some better designed than others. There should also be a greased-up rope that leads from the unicycle-bar to the top, showing that it’s theoretically possible to rise to a different class, it’s just practically impossible.




  • Yep. You wouldn’t have adventurous magicians going out and casting spells against dragons. The variety of spells known by D&D type wizards wouldn’t even be a thing. You’d have a guy who was a specialist in ritual-casting flame spells whose job consisted of continuously heating up cauldrons of metal ore so it could be smelted. If he was jumped on his commute home, he couldn’t fight the attackers off with “fireball” or something. Maybe that was covered in school decades ago, but he’s spent his entire career doing nothing but that one smelting spell Or, you’d have the “Gate” wizard whose entire job was to keep up a portal for their entire 8 hour shift, so that tourists could pass back and forth.







  • Houses shouldn’t be primarily thought of as an investment

    Not only should they not be thought of as investments, they shouldn’t go up in value like investments. A house should slowly depreciate over time. Because of inflation, the dollar-value of the house should maybe go up, but adjusting for inflation it should go down. If you do repairs, maintenance, etc. then maybe it should more or less hold value. If you do a renovation, maybe it should go up in value. But as a structure that gets slowly damaged by the passage of time, it should slowly go down in value.

    What’s ridiculous is that someone who made a solid $200k investment 25 years ago and then lived in a small apartment is worse off than someone who simply bought a $200k house and lived there.

    If housing keeps going up in value then pretty soon the only people able to live in a house will be the ones inheriting one.