It’s the private equity playbook. Sell all the real capital assets to cover existing debt, rent replacement assets from the owners themselves using new debt, run operations so lean that you burn out 100% of your labor force, then declare bankruptcy and settle your own debt while keeping all the assets.
It has already destroyed swaths of the private sector, and now they wanna do it to the entire economy.
Also Hardin was a white nationalist and pushed his “tragedy of the commons” theory as a justification for eugenics.
So every time someone references his pseudoscience, they’re breathing life back into a dead fascist’s racism. Yaaaaayyy…
One day we will just stick with standard time.
(Or we’ll try permanent DST and experience all of the negative effects and then either go back to cycling or realize we should’ve done permanent standard.)
At least we live in a time when evil dumb rich guys are still mortal.
Return to freakin sender!
He and Trump deserve each other.
Because making 400k/yr by sitting on a pile of assets and living a low-cost life in a paid-off small-town cottage is not the same as making 400k/yr as a debt-saddled surgeon renting in a high-cost city center, so targeting income instead of wealth gets us farther from a fairer economy.
Next question.
Faces and races
You underestimate the power of whining online.
MAGA is the result of decades of talk radio and pseudo-journalism aimed at curating a very specific way of seeing the world.
They refined a narrative that was persuasive, easy to upload into people, consistent in how it framed emergent issues, and instilled a sense of urgency that encouraged its adherents to spread the gospel and get politically active.
Obviously, we need to vote. But if you think victory is getting a Bernie 2.0 to 51% in a primary, you’re gonna be sorely disappointed by the general. It needs to be a slam dunk. We need a cultural win before we can have an electoral win.
Sir, yes, sir!
If you're interested, my comment was basically a sample of this fantastic interview with Anand Giridharadas: https://youarenotsosmart.com/2023/04/02/yanss-256-anand-giridharadas-wants-americans-to-change-their-minds-about-their-ability-change-other-americans-minds/
“This will is Hamas.”