this post was submitted on 05 Aug 2024
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[–] CaptainSpaceman@lemmy.world 16 points 3 months ago (3 children)

Usually war is a way to stop a recession/depression since its so profitable.

The economy has been fucked far longer than the current conflicts that might actually start ww3

[–] Gsus4@mander.xyz 12 points 3 months ago (2 children)

It is only profitable for a few in some places. War is not net good for "business"

[–] jj4211@lemmy.world 6 points 3 months ago (1 children)

Ferrengi rule of acquisition 34. The best rule 34.

[–] Gsus4@mander.xyz 2 points 3 months ago* (last edited 3 months ago)

Sounds like the oligarch commandments.

It's like Hyperneoliberalism:

"Nothing bad ever truly happens, guilt is subjective, nothing is real, everything is allowed, but if you take anything from me, it is the worst possible crime in all of history."

[–] Coreidan@lemmy.world 5 points 3 months ago (1 children)

In a stagflation scenario war is great for business. Otherwise you have no business at all.

[–] Gsus4@mander.xyz 5 points 3 months ago* (last edited 3 months ago) (1 children)

Isn't WW2 the only example of this in practice? (and then only where the war did not reach, like the US or pre-1940 nazi germany)

[–] Coreidan@lemmy.world 7 points 3 months ago (1 children)

Ya it’s a pretty good example since WW2 was a stagflation scenario. It’s exactly the same scenario we are headed into. There’s a lot of similar polarities. Some may even argue that the next world war will break out precisely because of stagflation.

As we descend further and further into economic depression (we’ve been in a recession for years) you’ll see the gears of war begin to spool up.

[–] Gsus4@mander.xyz 1 points 3 months ago (2 children)

One would think we'd have learned to fix this inevitability by now...or is it intentional, to "fix the stagflation"?

[–] CaptainSpaceman@lemmy.world 4 points 3 months ago

The economy squeezes the proles for every penny they have, inflating the money faster than wages to ensure only the rich can afford to maintain.

Once the proles have been squeezed dry, have a major conflict and help save the failing banks and restore a "golden era" for a time.

Then do it all over again by starting to squeeze the masses.

[–] HobbitFoot@thelemmy.club 2 points 3 months ago

Part of the problem is getting everyone on board. Economic prosperity is a great way to justify keeping a government in charge. Major economic downturns usually cause a change of government and unrest with the government in general. Without a good economy as justification to keep a government in power, many governments turn to "defense" as a reason to stay in power.

[–] UnderpantsWeevil@lemmy.world 3 points 3 months ago

Usually war is a way to stop a recession/depression since its so profitable.

When you're selling into a war market, you can make a lot of money. When you're in that war market you tend to lose a lot of your expensive durable capital very quickly, which can get very expensive.

[–] LustyArgonianMana@lemmy.world -3 points 3 months ago (1 children)

Girl, have you been following THIS WEEK'S news? Like right now is unlike any other time.

War is historically used to pillage other people when times are rough. It doesn't stop a recession; it doubles it and gives it to their opponent.

[–] CaptainSpaceman@lemmy.world 1 points 3 months ago

Stop was a strong word, ill agree. But it is a tool in the arsenal of TPTB when shit turns downward because the economic scam that it is modern capitalism eventually unravels