Post AwVAfClp96cbg6N89A by VulcanTourist@autistics.life
(DIR) More posts by VulcanTourist@autistics.life
(DIR) Post #AwVAfAalFGaGvDBGcq by VulcanTourist@autistics.life
2025-07-24T07:04:50Z
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#Capitalism causes #inflation. Period. Nothing else.The simple process of #trade, repeated ad nauseum, is all that is required to create inflation. Inflation is a baked-in consequence of capitalism. Every bit of profit that one transaction creates for the "winner" necessitates another winning transaction for the loser of the first... and so on. Inflation is continual, progressive, and inevitable: a consequence of non-stop one-upmanship and mutual #exploitation.Don't let any jackass indoctrinated economist convince you otherwise. This #propaganda of the One Percent needs to end.
(DIR) Post #AwVAfBlmrkzwZhLaS0 by AlexanderKingsbury@mastodon.social
2025-07-24T08:36:36Z
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@VulcanTourist "#Capitalism causes #inflation. Period. Nothing else."Pure nonsense. This kind of perspective is motivated by nothing other than complete ignorance of history and economics, coupled with a blind hatred for an economic system that, in all likelihood, the speaker fails to even understand.
(DIR) Post #AwVAfClp96cbg6N89A by VulcanTourist@autistics.life
2025-07-24T09:31:20Z
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@AlexanderKingsbury It would appear that it's you who lacks understanding, failing to simply connect transactional dots and follow them to the logical consequence.What else ya got beside derision and condescension (ignoring the obvious self-delusion)?
(DIR) Post #AwVAfDaA7wt6CDvKbo by AlexanderKingsbury@mastodon.social
2025-07-24T10:35:31Z
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@VulcanTourist Basic facts."Every bit of profit that one transaction creates for the "winner" necessitates another winning transaction for the loser of the first"You thinking process is basically how trump imagines the world works; you imagine that every transaction where someone wins requires that someone else loses. Nothing could be further from the truth. The entire idea of a voluntary transaction is that BOTH parties are better off.
(DIR) Post #AwVAfE2WQVZZcBByoS by VulcanTourist@autistics.life
2025-07-24T12:18:03Z
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@AlexanderKingsbury > The entire idea of a voluntary transaction is that BOTH parties BELIEVE that they are better off.FTFY.You describe only the emotional part of the transaction, not the material part. In that part - as much I hate to concur with anything Trump thinks is true - there is always a winner and a disadvantaged loser. That loser must in turn disadvantage someone else to make up the material shortfall or become destitute over time, if he materially loses many transactions.Note that how the loser FEELS about each transaction is "immaterial". By your deliberately simplistic logic, "everybody's a winner!" if they merely FELT happiness or satisfaction about the transaction. No. Poor or ignorant people - often one and the same - are routinely happy about many of their transactions, in spite of having been ruthlessly gouged materially without their knowledge.Profit doesn't magically arise from the vacuum of space. There are finite material resources, and given that all currencies are *supposed* to represent material resource then it's an inescapable conclusion that the profit of one person is quite literally taken from and denied to others. The acquiescence of those others in the process is not a vindication of it.The only economy which functions ethically is a break-even economy, which capitalism, libertarian or not, has NEVER been and can never be. That's a basic fact. Capitalism is flatly unethical. That's another basic fact.You're unethical for championing it. That's also a basic fact.@ReggieHere
(DIR) Post #AwVAfEZqQcEBHWmaki by ReggieHere@mastodon.social
2025-07-24T12:34:55Z
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@VulcanTourist @AlexanderKingsbury The classical liberal take on what constitutes a voluntary transaction is laughable, and they'll swear blind that their precious free markets are not in any way coercive.This in site of the fact that those same free markets have started wars, ruined the environment and impoverished and enslaved millions.
(DIR) Post #AwVAfF9IIoaH3TMu0W by VulcanTourist@autistics.life
2025-07-24T12:44:50Z
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@ReggieHere @AlexanderKingsbury I found it ironic that he defends capitalism with the same emotional logic that justifies his stubborn retention of the economic self-delusion merely because that makes him feel better than acknowledging unvarnished reality.He won't admit it, of course, but the singular reason that he chose to reflexively reply to me initially with insult and condescension is because my statement *threatened* him, threatened the good feels he gets from the delusion.That's how I know that I struck the nail squarely.
(DIR) Post #AwVAfFsJbQb3J6QrBI by ReggieHere@mastodon.social
2025-07-24T12:52:16Z
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@VulcanTourist @AlexanderKingsbury Yes, there are a few die-hard neoliberals on here, and they mostly assume that anyone who doesn't share their seventeenth century worship of laissez faire is uneducated.
(DIR) Post #AwVAfGZuzJTVUKpg92 by VulcanTourist@autistics.life
2025-07-24T13:08:46Z
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@ReggieHere @AlexanderKingsbury I've met two of them now. No doubt they both monitor the #capitalism hashtag and race to its defense at every blasphemous invocation.I feel sorry for otherwise intelligent people allowing emotions and emotional need to overrule and enslave their ability to reason, theocrats, MAGA, and libertarian alike. The species desperately needs all the reason it can muster.
(DIR) Post #AwVAfH7ay6PhAmaZdY by nobody@mastodon.acm.org
2025-07-25T19:39:59Z
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@VulcanTouristIdk about this person's intents or background, but at least he led me to discover this thread@ReggieHere @AlexanderKingsbury
(DIR) Post #AwVAoALTWzuWlOJwGm by nobody@mastodon.acm.org
2025-07-25T19:41:47Z
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@VulcanTouristI might have some vague idea of what you're saying but don't want to guess. Can you eli5 how this causes inflation, specifically?
(DIR) Post #AwVDjqczCMn0JZ8yOm by VulcanTourist@autistics.life
2025-07-25T20:14:35Z
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@nobody This might help, from elsewhere in the argument with the hardcore libertarians:https://autistics.life/@VulcanTourist/114908167087567632That answers it only indirectly. That process results in a corresponding progressive tit-for-tat increase in prices, as people selling product and services compete to "win" transactions and gain material profit for themselves and cause equivalent loss for others. The result is steady price inflation.Contrast this with a break-even economy, where people instead cooperate and don't seek to "win" transactions: prices remain (more) stable because no one is materially losing and the tit-for-tat doesn't occur. Humans are incapable of this because of combined selfishness and lack of trust.