Victim of Communism

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Joined 3 years ago
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Cake day: June 14th, 2023

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  • I just think of it as shorthand for the very real phenomenon that some people fall off the radar in every measurable way

    Sure. But there tends to be a certain distance already baked in. Unless you have a deep bound with someone - a parent / sibling / child, typically - once you stop interacting with that person IRL, there’s less and less of an incentive to engage with them remotely.


  • I see you’re problem. You’re using the old Fordist mode of economic growth, wherein you employ people at an income level such that they can buy the products they produce. Then you grow your capital stock by reallocating the labor surplus into new undeveloped areas of the country. That model of growth went out of fashion in the 80s.

    Post Volcker-Shock, we adopted a strategy of indebting unaligned countries in exchange for modern technological improvements, then harvesting their natural resources at a functional loss to finance the USD denominated debts they struggled to pay back. Then we could effectively export dollars for cheap imports and allow Americans to buy them with money laundered through government contracts, grants, and Fed credit expansion.

    But after COVID, we’re on to an even more revolutionary approach to profitability. We don’t need consumers. We don’t need to develop capital in foreign territories. We just do a direct 1:1 exchange of B2B SaaS services and American Dollars with the corporate oligarchs. Now people don’t need to buy anything, because governments buy everything. And if you’re friendly with the government, you get a slice. And if you’re not, you get shoved off a cliff.


  • When the definition of “friend” is “person you hung out with in HS/College and then only ever associated with via the computer”, maybe you don’t.

    Box 4, in particular, is a really depressing rubric for friendship as it assumes a person vanishes the moment they stop providing new content on Social Media. I’ve got friends who occupy the first three quadrants simultaneously, but we still keep in touch by SMS and by actually visiting one another on a regular basis. We’re 100% logged the fuck off past that.




  • Chinese governments like speech that is friendly to China. US governments like speech that is friendly to the US.

    We call it censorship when a government censors self-criticism, but a big part of that calculation hinges on how much criticism a government is subjected to at any given moment.

    If you’re seeing a lot of Chinese criticism - and a lot of second-order “China is censoring the criticism!” stories - that’s more often the result of a national media push to divorce the US public and economy from China. If you’re seeing a lot of US self-criticism and resulting domestic government backlash, that’s more often the result of a divided US populace that’s lost sight of it’s Overseas Enemy Cold War fixation.

    The day Trump leaves office, you’re going to see a tidal wave of “China Bad!” articles slam into your news feed, like the Red Sea after Moses squeezes it shut again. Then we won’t see “US censorship!” hand-wringing until the political scene starts polarizing again.










    • Very difficult for an outside investor to gauge the ethical practices of a business outside the broad brush stuff (war bad, solar good, etc)

    • The volume of cash you’re investing is likely a rounding error on a rounding error for the business, nevermind the industry as a whole, so you’re unlikely to shift behaviors with your choices

    • Ethical investing is riff with affinity scams.

    • It’s hard to gauge long term net benefits of an investment decision, which can lead to “Longtermist” style behavior.



  • But rather because if all the ethical people invest in Solar Panels and Gender Affirming Care For Everyone Inc, then all the ethically neutral money (which is almost all of it) will simply shift more towards Torture Palistinian Orphans Inc.

    So, there’s reasons why “ethical investing” doesn’t work well in practice, but this isn’t really one of them. Industries enjoy a networking effect and efficiencies of scale. Lowering the investing costs of a target industry will naturally improve their growth prospects. And a rising stock price can lure in growth-focused future investors, because investment cash is often dumb and prone to following trends rather than raw performance metrics.

    If Good Guys Banking plans to throw $50B into solar panels over five years, that will drive up the price of solar stocks, drive down the cost of solar panels, and proliferate the number of installers and maintenance techs, all of which improve the long term economic prospects of the sector. Neutral investors will want to beat Good Guys Banking to these stocks (accelerating growth of these companies, employment in the field, etc). Retail customers will see more advertising, more local retail sales, and more of their peers getting panels installed, which will induce more spending. And competitors will seek to diversify into Solar in order to capture these gains.

    Your real problem is that you’re not a bank with $50B in investing cash to toss around, much less the sophistication to know which solar companies stand the most to benefit from the sudden infusion.

    (1) Small local investments.

    (2) Investing in yourself and your own business.

    Definitely also good choices. But for the same reasons. Local investment has the double-benefit of ramping up your local economy and providing yourself and your neighbors with more privatized amenities. But it is also riskier. If your neighborhood goes into a downturn, you’re both at risk of unemployment AND big investment losses.

    Self-investment has the same problems, only magnified. You’re putting all your eggs in one basket. It’s also much more of a tax on your time, as spending more on your own business means managing more assets and staff directly. If you don’t see profit in this investment, what you’re doing isn’t going to compound your savings.