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Half a million South Korean workers walk off jobs in general strike

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Re: Half a million South Korean workers walk off jobs in general strike

#41
post #18

Earlier quoted context omitted.

Which movies?

He should have namedropped 'Parasite'. It is a drama though.

They did…

> Maybe all these snowpiercer, squid games, parasite narratives are having an effect?

Re: Half a million South Korean workers walk off jobs in general strike

#42

> Nationalize key industries and socialize basic services like education and housing. Yeah, hopefully they don't achieve this.

In some countries with absurdly high house prices, I think some level of nationalisation of housing is an eventual inevitability. Much like Seoul, places like Sydney are so expensive that unless you already own a house, or are eventually going to inherit one, no amount of hard work or education can reliably get you into the market. Entry level prices within 25 miles of the city are around A$1.5m for a detached house,…

It's worth noting most housing in Singapore is state-owned

Re: Half a million South Korean workers walk off jobs in general strike

#43
post #12

Earlier quoted context omitted.

In some countries with absurdly high house prices, I think some level of nationalisation of housing is an eventual inevitability. Much like Seoul, places like Sydney are so expensive that unless you already own a house, or are eventually going to inherit one, no amount of hard work or education can reliably get you into the market. Entry level prices within 25 miles of the city are around A$1.5m for a detached house,…

And places like Sydney are expensive in no small part because of issues like negative gearing and zoning controls, all in direct control of the government. Also the government is under no incentive to change the status quo because like any good mafia they take their cut of every transaction with stamp duty "oh you two want to trade, where's mine?".

[flagged]

Re: Half a million South Korean workers walk off jobs in general strike

#44

Earlier quoted context omitted.

One day, hopefully we'll be rich enough to do this and not have it be a mess. Fullly automated luxury space communism is the goal.

Don't keep your hopes up, in the US military spending will keep eating most of all surplus, but on the upside you'll have the most genocidal nuclear weapons of all countries on Earth!

Most of the tech we have is in some way due to military spending

Re: Half a million South Korean workers walk off jobs in general strike

#45
The only reason some countries have public health care in the first place care is so society isn't completely squeezed for every bit of cash by the collective of medical practitioners. If I were a nurse or doctor I'd strike against expansion not for it.

Re: Half a million South Korean workers walk off jobs in general strike

#46

Earlier quoted context omitted.

If there is demand for housing and you do not make supplying that demand illegal someone will supply it. People live in dormitories in Hong Kong right now. Perfectly safe but middle class busybodies don't like flophouses, SROs or dormitories so they make it illegal. If it was legal to provide housing in San Francisco in dorms it would be done. If it was legal to build residential skyscrapers in New York Queens would…

When you build roads, you get more traffic. I wonder if the following is true? When you build more apartments you get more density and more inward migration and more concentration of opportunity, until the marginal migrant can't afford or doesn't want to live there. The same sort of people are miserable when there's more density as when there was less, except there's more of them. [NOTE: I mostly agree with you and t…

Not building roads/apartments is not a solution, unless you really want to cosplay middle ages in your country.

So you will have to build something, somewhere.

Actually, roads and apartments are in counter-balance. More resedential high-rises in semi-walkable distance from business districts and public transit = less roads are needed (but there is still congestion due to bottlenecks). More spread-out houses - more traffic as people will drive tens of miles to work.

Korea is not sufficiently large that you could stick people so far they're not able to come to megapolis and congest it.

Re: Half a million South Korean workers walk off jobs in general strike

#47

Earlier quoted context omitted.

In some countries with absurdly high house prices, I think some level of nationalisation of housing is an eventual inevitability. Much like Seoul, places like Sydney are so expensive that unless you already own a house, or are eventually going to inherit one, no amount of hard work or education can reliably get you into the market. Entry level prices within 25 miles of the city are around A$1.5m for a detached house,…

And yet Tokyo does not have this problem despite growing 50% in population over the last two decades. If you make building housing illegal prices rise. Demand and supply are going to meet somewhere and if you restrict supply prices will rise. If you restrict it more they'll rise more or faster. Compare San Francisco, Seattle and Houston in a US context. The more you restrict supply the more prices rise.

One wonderful thing about Japan is that houses are as much of an investment as toothbrushes. The minute someone uses it, its value drops immensely.

10 years is old but still somewhat livable and generally cheap. Once you get past 20 years, locals basically see the house as scrap. It's really easy to buy cheap houses or apartments over 20 years old. Some clueless foreigners new to Japan see these prices and think they can flip them and resell to get rich, and they're always disappointed to find out it doesn't work that way.

40-50 year old houses can be bought for around car prices if you're willing to live 30 minutes from a smallish city. You're basically just paying for the land at that point.

Re: Half a million South Korean workers walk off jobs in general strike

#48

Earlier quoted context omitted.

Don't keep your hopes up, in the US military spending will keep eating most of all surplus, but on the upside you'll have the most genocidal nuclear weapons of all countries on Earth!

Most of the tech we have is in some way due to military spending

US defense R&D is tiny compared to total expenditure. It's also falling dramatically.

https://www.defenseone.com/technology/2020/02/us-defense-rd-...

Re: Half a million South Korean workers walk off jobs in general strike

#49

Earlier quoted context omitted.

One day, hopefully we'll be rich enough to do this and not have it be a mess. Fullly automated luxury space communism is the goal.

Don't keep your hopes up, in the US military spending will keep eating most of all surplus, but on the upside you'll have the most genocidal nuclear weapons of all countries on Earth!

Defense is 10% of gov spending lol, and 0% of the multiple trillions in stimulus that was funded with debt.

Re: Half a million South Korean workers walk off jobs in general strike

#50

> Nationalize key industries and socialize basic services like education and housing. Yeah, hopefully they don't achieve this.

I agree this would be a bad turn. In the US, it is frustrating to see the poor results produced by the public education system and teacher unions, particularly for K-12 education. The lack of competition and union power has led to an empty incentive structure, where teacher unions regularly oppose having their outcomes measured and don't fear needing to compete with better teachers or schools. Beyond that, organizati…

Public education work in a lot of country (see for example most European country). Teacher also tend to be heavily unionised in other country, as well as having a tendency to be more left-leaning (but that is a veeeryyy big generalization).

The issue is not the public education, teacher or union, it's the U.S government(s?) lack of incentive to actually care about those services.

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