Fascist rage bait videos get the most engagement time, and the topics happen to align with the interests of the bourgeoisie, so they’re recommended for both economic and ideological reasons.

I’m curious as to how you see Hudson’s Superimperialism as an explanation and confirmation of MMT, rather than (as I have understood it) a negation (and furthermore how you interpret it as a Marxian/Marxist theory).

While MMT could theoretically work in a vacuum, was you’ve illustrated, I’ve come to understand the balance of payments issue absolutely critical to its stable functioning. International payments cannot be balanced vis a vis trading partners when a country continues creating money, even if such creation is balanced internally (or have I gotten this completely wrong?). That’s why I argue that MMT only “works” when applied to the USD, as it’s the only currency exempt from typical balance of payments considerations.

It’s a nominally liberal smokescreen to explain why the US can do whatever it wants with the dollar without discussing imperialism or the US’ chokehold on global financial institutions.

MMT only works when applied to USD based on the extraordinary privilege of being the hegemonic global reserve currency. Any other country will inevitably encounter inflation issues, primarily due to currency devaluation on foreign exchange markets. In fact all instances of hyperinflation have been due to excessive money creation, albeit under extenuating circumstances, typically oppressive foreign debt.

With the accelerating trend of dedollarization, the USD will soon behave like all other currencies, beholden to a nation’s balance of payments.

Chinese call the period from approx. 1850 to 1949 the century of humiliation for many good reasons.

That would require a lib to consider and conceptually grasp what a proletarian revolution means in the first place.

… it’s part of why every country on earth […] has been very “No nukes! Not for any purpose!” all throughout until today. Like everyone understands it’s doomsday shit.

Everyone except the arch-ghoul Kissinger and his merry band of war criminals. IIRC his initial political rise had to do with the book he wrote about “tactical” nukes. His thesis was something like, “ok, maybe big nukes are bad, but we can use little ones. As a treat”.

German entry ban for Celtic fans in three, two, one…

German socdems being like “we have to save democracy from the far right” but then let the far right write all their election platforms and policy proposals.

A nominally leftist party (probably actually socdems) won the French elections at one point, maybe in the 70s. They got to work raising taxes on capitalists and their means of production. It took about two years before they rolled it back cause the capitalists just said “oh alright, we’ll just leave and take our money with us then.”

I’d read that!

Big if true

USA number one!

There are 15 million vacant homes in the US. Some of that will be simply due to homes briefly being between tenants or owner-occupants but even if that would account for the vast majority of vacant homes it still leaves enough to house everyone and then some.

It was elder abuse before he was even the candidate in 2020. Jill and the rest of the Biden inner circle wanted him to be president more than they wanted him to live out his days in peace. Although now that I think of it you could argue the White House is an assisted living facility.

The economy is doing great everyone. /s

The dilapidated and incompetent White House military still uses pre-internet era floppy disks to run crucial nuclear missile control systems, does not take launch site security seriously, and has lost nuclear warheads or transported live warheads unknowingly on multiple occasions.

It’s like the Eastern European 90s kids waxing poetic about their “lived experience of the horrors of communism.” It’s just an aesthetic.

/s

I’ve usually gone for sci-fi lately, sometimes fantasy. I really really really enjoyed Becky Chambers’ Wayfarers series (they’re so cozy!). Recently finished Tchaikovsky’s Children of Time which was really interesting. When I’m in the mood for fantasy I’ve been working my way through Fionavar (super weird narrative style though) and Shannara. I can also highly recommend In the Name of the People, a Chinese political drama.

The gradual increase is good, means that nobody nearing retirement age will suddenly have to work more additional years they weren’t expecting to, unlike in western countries which raise the age. Still not ideal but I’m sure the government looked at all possible alternatives in depth before coming to the decision.