this post was submitted on 29 Apr 2024
991 points (98.1% liked)
Political Memes
5420 readers
2490 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
With respect to formula, one aspect that proves difficult is that as you derive the right number, the right number changes. Since currency is kind of a synthetic mathematical trick we play on ourselves to "do economy", the things being modeled change when we try to force the numbers to be pleasant. Psychology plays a role to potentially make people feel better even with objectively similar circumstances (eg getting a 2% raise along with 2% inflation the person feels like they made some progress despite sitting still.
In any event, I don't have data either, but I just strongly suspect a numerical manipulation of money balances won't suffice and we will have to intervene with things like universal healthcare, housing initiatives, labor regulation, and some means of mitigating the phenomenon of billionaires. Easier said than done, but broadly just thinking we have to mind the details explicitly.