• 0 Posts
  • 16 Comments
Joined 2 years ago
cake
Cake day: August 17th, 2023

help-circle
  • Anger at begin gaslighted that their economy is doing good while the quality of life for most Americans dropped insanely.

    I’m not American but I talk to Americans regularly. Back in 2018 USA still appeared to be a developed country, flawed but if you were middle class you could have a good life. Around 2021 it became basically impossible to survive. Right now the standard of life for a successful middle class person is better in formerly poor Eastern Europe (ex Poland) than in the USA.
    This is mainly driven by insane housing costs. If the majority of your income goes to housing you don’t have anything left to enjoy life, even though your salaries are huge on paper.



  • Makes the problems of capitalism even worse. Instead of the owner class you get an even smaller political class controlling all means of production - the party leadership. It becomes even more prone to corruption than capitalism.

    Adding to problems is the planned economy - it always results in misaligned incentives, bad allocation of resources, constant shortages…

    Third, possibly the worst, is the constant insistence on ideological purity and severe punishment of “thought crimes”. Or as they like to call it “counterrevolutionary activity”.

    Even though it was created out of good intentions, I don’t believe a lot positive aspects can be salvaged.