Permanently Deleted

  • TreadOnMe [none/use name]
    ·
    4 years ago

    You could say the same of the 2008 financial crisis. 'Costing' the bourgeoise is materially pointless without actually affecting the ownership of the means of production. As good as affecting the tail that wags the dog is, the dog still exists.

    It still feels like we are celebrating a lottery victory. Yeah, we got one over on the hedge funds, but they still have their hands firmly at the wheel.

    • PhaseFour [he/him]
      ·
      4 years ago

      This is much different than the 2008 financial crisis. We are seeing the inflation of Capital largely owned by retail investors. In 2008, we saw the deflation of Capital largely owned by retail investors (houses). It is literally the opposite situation.

      • TreadOnMe [none/use name]
        ·
        edit-2
        4 years ago

        But the market as a whole was affected and 'lost' alot of value for everyone involved except those that shorted, at least that's my understanding of it, though I am probably wrong.

        Regardless, that is besides my point that if the actual means of production remain unaffected, than this is pointless and very little power at all has changed hands.

        Edit: I've seen you talking about an Occupy pt 2 style movement on other threads. If that is the end goal and the point, then I can get behind it, but otherwise I will remain skeptical to this entire thing.