I wonder if unchecked capital accumulation combined with cutting the social safety net and major public works will lead to commerce without customers: An economy built on consumption where nobody has the money to consume.
It’s all moving to a service economy for the wealthy as the only consumers. You can see this most dramatically in Las Vegas right now: https://m.youtube.com/watch?v=LHwU4lQ46nA
The rich aren't your role models
21–30 of 65 posts
Re: The rich aren't your role models
#22[flagged]
Re: The rich aren't your role models
#23[flagged]
Hate-filled? Are you sure you don't just disagree?
Not arguing that it deserves to be on top or anything, but I thought HN encourages substantive commentary over complaints about the algorithm.
Personally I think it's obscene for any individual to be a trillionaire, and in my experience, that's not necessarily partisan; there are many people across the political spectrum(s) who would agree.
Re: The rich aren't your role models
#24I wonder what it would take to shake America of the whole 'temporarily embarrassed millionaire' problem. At this point I assume even a hard economic crash pioneered and gleefully supported by the rich isn't enough of a cold water splash. I think that mentality is too locked in for a large subset of Americans. Musk has been increasingly getting more and more rancid and that doesn't seem to deter his supporters at all.
Re: The rich aren't your role models
#25[flagged]
You realize you're making a political statement in and of itself? There's no such thing as enlightened centrism.
Re: The rich aren't your role models
#26[flagged]
Re: The rich aren't your role models
#27Earlier quoted context omitted.
I upvoted it and I don’t usually vote up stories but this is exactly what we need to see. As reference my article that said more or less the same as this article, was #1 on the front page for almost a whole day in 2024: https://news.ycombinator.com/item?id=39569747 I’m excited to see the sea change in political sentiment and how people are talking, so I’m 100% here for it.
Have to say, the headline alone had me reaching for the pointy hat. Wonder if it was the statistical anomalie or the content that got the parent comment to post?
Re: The rich aren't your role models
#28[flagged]
But yeah a quick skim shows it's not really worth reading. If you want Marxism, read Marx. It's odd to me that the "excess value theory of labor" still has so many adherents, but at least get it from the source.
Re: The rich aren't your role models
#29I wonder what it would take to shake America of the whole 'temporarily embarrassed millionaire' problem. At this point I assume even a hard economic crash pioneered and gleefully supported by the rich isn't enough of a cold water splash. I think that mentality is too locked in for a large subset of Americans. Musk has been increasingly getting more and more rancid and that doesn't seem to deter his supporters at all.
Re: The rich aren't your role models
#30[flagged]