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Why Americans Work So Much Despite Keynes's Prediction

theatlantic.com

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Re: Why Americans Work So Much Despite Keynes's Prediction

#71

Earlier quoted context omitted.

>You can survive without stable income - humans and many other animal species have been doing it for hundreds of millions of years. Yes, it's hard, but so what? Oh, you mean removing yourself from society and illegally living in the wilderness? How do you pay for your hunting and camping licenses? >But, most will be frustrated, maybe even depressed This is obviously very different from being dead due to lack of food,…

"Oh, you mean removing yourself from society and illegally living in the wilderness?" - Yes, living in wilderness illegally or even taking resources from others. You don't pay for anything - you do what you gotta do, take what you want and try not to get caught. "This is obviously very different from being dead due to lack of food, water or shelter." Being frustrated or depressed is worse than being dead. When you're…

3/10

Re: Why Americans Work So Much Despite Keynes's Prediction

#72
post #65
post #16

Earlier quoted context omitted.

> The thing about capitalism is that the capitalists tend to win. That's because the capitalists are the ones that already "won". A capitalist - or aspiring capitalist - that fails, is/becomes a worker. Anything that squeezes the economy of capitalists as a group forces some of them into the working class.

This comment adds nothing to what was said above. Capitalists started out advantaged at the advent of modern commerce and have accrued gains.

That's wild oversimplification. A lot of people have become capitalists without a privileged start, and a lot of people have lost all their privilege.

The point is that what was said above was a meaningless truism to say that "the capitalists tends to win" because (still) being a capitalist is the prize.

Re: Why Americans Work So Much Despite Keynes's Prediction

#73
post #72
post #65

Earlier quoted context omitted.

This comment adds nothing to what was said above. Capitalists started out advantaged at the advent of modern commerce and have accrued gains.

That's wild oversimplification. A lot of people have become capitalists without a privileged start, and a lot of people have lost all their privilege. The point is that what was said above was a meaningless truism to say that "the capitalists tends to win" because (still) being a capitalist is the prize.

Not even worth responding to
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