Musk is immensely rich because he creates capital. Nancy Pelosi, and the entire FIRE economy, are immensely wealthy because they help themselves to capital that other people create. We have a criminal and stupid ruling elite. And no matter how much money such people have, they remain poor. Their yachts sit in the marina. They …
Month: October 2022
Capitalism
Time to discuss the nature of capitalism, because fake Nazis on Gab are spouting Marxist history, economics, and theory: The Marxist sees bread on the supermarket shelf, and thinks this a manifestation of a central plan. He thinks we already live in a socialist economy, with big capitalists giving marching orders to little capitalists. And …
Another one bites the dust.
I don’t usually cover the events of the day, because one loses track of the big picture. The events of the day only reveal their meaning when viewed months, years, decades, or centuries later. With democracy and freedom of speech dead, there is no way to resolve conflicts within the elite except lethal violence. Covering …