• 41 Posts
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Joined 6 years ago
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Cake day: September 13th, 2019

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  • Another thing about western communist parties, is that they are rich. They have a lot of money which they just waste on electoral campaigns. So imo, they should send some of that money to third world communist parties, that have an actual chance of doing revolution. Basically, fill the void left by the Soviet Union in exporting revolution.

    I don’t believe it’s possible to build revolution, in any European country right now. Even in Greece, during the brutal austerity years, the best the Greek people were able to do was to vote for Syriza. So it’s hopeless in countries like Germany and France.




  • Mostly because of Neoliberalism, which started with Reaganomics. It’s the same here in Europe. The state can’t do anything directly. The only intervention states have is, either via public companies that have yet to be privatized, or taxes (which are slowly being removed).

    For example, if you need a road fixed then the regional government has to create a public competition, for a bunch of private companies to enter against each other. The one that presents the lower cost wins, and then proceeds to fix said road. This needless bureaucracy slows down things a lot. Also, since reparations are being made by private companies, they have an incentive to do a shitty job, so that roads break down sooner (planned obsolescence).

    So you see, every job that the state should do directly is being outsourced to 3rd party private interests. This creates a group of companies that need to leech of the state to survive, the more they leech the better their profits. They also have no real incentive to properly fix things. So this is why everything in the West is slowly becoming worse over time.









  • I don’t think the stocks will colapse soon. There are still several billion dollar AI infrastructure investments to happen in the US. I think demand will continue very high for NVIDIA. In fact, I think this is instead a case of market monopoly. NVIDIA now has free reign to do what they want, so the profits will continue for a long time. Also, there the issue of the US printing more money each year, which just inflates all stocks.