Posts Tagged ‘economic theory’

Late Stage Theory vs Reality

Posted: January 8, 2024 in Anarchy Journal Constitutional, Excess and Algorithms
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Exploited workers in false class solidarity with the billionaire class, seem to always want to use hypotheticals and theories to justify the poor living conditions of a vast majority of working age human beings.

Just the concept of, “earn a living” is a skewed paradigm of existence in a world with more than enough to go around for all humans to live comfortably.

Being able to live comfortable was the American Dream was it not? Wasn’t that the entire concept of the economic middle class?

It’s human nature for people to always want more and for others to always want to do less. Sure, but we default to an economic system of exploitation? Exploitation of ignorance. Exploitation of resources. Exploitation of labor. Exploitation of emotions.

But it’s the greatest economic system in history in the greatest country in history says the people currently reaping it’s benefits. And their bootlickers who confuse having a comma in their bank account and lots of shiny new adult toys to show off online. Just don’t dare ask them about their debt(s).

Thomas Piketty 101: In His Own Words

Posted: May 4, 2014 in Excess and Algorithms
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by @anarchyroll
5/4/2014

Do you know who Thomas Piketty is? If not, get to know him because anyone who has any real influence on the world at large is reading his book, meeting with him, or seeing him speak live. He is being praised by the 99% as a harbinger for what the future of economics should look like and demonized by the 1% as another crazy socialist in a suit.

Thomas Picketty is a French economist and author. His recent book Capital in the Twenty-First Century is breaking tradition from past economic books and actually selling really well. He is a believer an evolved, progressive taxation to battle income inequality that has become a global pandemic over the past thirty years. The Guardian recently followed Picketty on a speaking tour of London. The video below contains the meat and potatoes of what you need to know about Picketty’s viewpoints, theories, and demeanor in his own words, in less than five minutes. Click on the picture to be directed to the video. Enjoy!