#serious (Discord ID: 793519133177675802) in Kiel Kanal Politics, page 1

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2020-12-29 17:14:36 UTC


2020-12-29 17:14:46 UTC


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2020-12-29 23:14:25 UTC


2020-12-30 00:40:02 UTC


2020-12-30 00:51:21 UTC


2020-12-30 21:27:30 UTC

I want to believe

2020-12-30 21:28:00 UTC


2020-12-30 23:20:15 UTC

Based Israel

2020-12-31 00:59:01 UTC

I wonder if this portentious for any future american deployments <:thinkingsuicide:793674864619683840>

2020-12-31 01:06:24 UTC

Biden says he wants to restore the Iran deal

2020-12-31 01:06:39 UTC

I wonder if that will go through

2020-12-31 02:37:40 UTC

fucking biden

2020-12-31 02:37:48 UTC

what a nobody opportunist

2021-01-01 22:33:27 UTC

fog brain

2021-01-02 02:40:17 UTC

Put roles thingy back

2021-01-02 22:57:00 UTC

what roles thingy

2021-01-02 22:58:04 UTC


2021-01-05 13:52:38 UTC

More nig officers

2021-01-05 14:20:53 UTC

Photo of that California police graduation class with one white guy comes to mind.

2021-01-05 15:07:14 UTC

Same in argentina

2021-01-05 17:18:39 UTC

wtf argentina is the last bastion of the white race

2021-01-05 17:26:10 UTC

Yeah bruh be pro argentina

2021-01-05 22:24:52 UTC


2021-01-06 02:18:25 UTC

nice pic thx

2021-01-06 03:51:22 UTC


2021-01-06 15:38:46 UTC

dems wom

2021-01-06 15:38:46 UTC


2021-01-06 15:56:30 UTC


2021-01-06 16:49:18 UTC

hope Trump kills himself

2021-01-06 17:17:25 UTC


2021-01-06 17:18:50 UTC
2021-01-06 17:22:32 UTC

just useless tbh. no wall, no nothing.

2021-01-06 17:22:50 UTC

spat in his demographics face to rim blacks

2021-01-06 17:23:39 UTC


2021-01-06 17:23:55 UTC

Hes some NYC cosmopolitan capitalist

2021-01-06 17:24:02 UTC

You couldnt expect great things

2021-01-06 17:54:57 UTC

Zion don at it again

2021-01-06 18:34:38 UTC

Yeah they got all the backlash of Trump being le evil white man without any of the evil white man stuff. absolute robbery.

2021-01-06 18:35:36 UTC


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2021-01-06 18:35:49 UTC


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2021-01-06 18:39:38 UTC

looks like boomerwaffen might become real tho in the wake of Trump's collapse

2021-01-06 18:40:12 UTC


2021-01-06 18:42:30 UTC


2021-01-06 18:46:08 UTC


2021-01-06 18:58:12 UTC

it's so sad Trump can't even throw his lads a bone. His career is done politically and he won't even address his supporters fighting police. Sad!

2021-01-08 05:34:47 UTC

@1brieflife what the actual fuck

2021-01-08 05:34:55 UTC

wasnt his net worth like 2 billion like a year ago?

2021-01-08 05:34:59 UTC

i swear i saw him behind trump

2021-01-08 06:06:23 UTC

His wealth ballooned this past year

2021-01-08 06:07:14 UTC

literally added 140 billion dollars to his net worth in 2020

2021-01-08 06:07:35 UTC

jesus christ

2021-01-08 06:09:53 UTC

Tesla stock skyrocketed

2021-01-08 06:11:18 UTC

I think it's wildly overvalued but that doesn't matter

2021-01-08 06:12:17 UTC

I should've bought in

2021-01-08 06:13:07 UTC

I have some NIO stock though which is a new Chinese competitior

2021-01-08 06:13:19 UTC

maybe that'll go somewhere

2021-01-08 21:26:29 UTC

for fucks sake when will that stock crash so the musk-fags can cry

2021-01-08 21:26:46 UTC

i keep hearing abt this niggas stocks every day

2021-01-08 23:13:25 UTC

once he is out of the news thats a good indicator to sell your stocks

2021-01-08 23:13:46 UTC

as long as he is interessting for the public eye there will be more investors

2021-01-09 14:28:05 UTC

@1brieflife with that money he could get into politics and fund his own paramilitary

2021-01-09 14:28:20 UTC

Why is such money always given to spineless cowards

2021-01-11 18:54:31 UTC


2021-01-13 18:07:14 UTC

what the fuck is this chart

2021-01-13 18:07:24 UTC

daily deaths per million?

2021-01-13 18:07:48 UTC


2021-01-13 22:03:46 UTC

What happened the 10th

2021-01-13 23:43:21 UTC

"Aurora woods" incident
October 2020

2021-01-14 23:36:55 UTC

is this briar guy in here

2021-01-15 02:46:56 UTC

I don’t think so

2021-01-15 18:05:34 UTC

@Deleted User how are you celebrating Rosa's death?

2021-01-15 18:06:05 UTC

its her death day?

2021-01-15 18:07:12 UTC


2021-01-15 18:07:23 UTC

102 years since she died

2021-01-15 18:15:42 UTC

real freikorp hours

2021-01-15 18:44:31 UTC

Niggers 🀝 Communists
Not being able to swim


2021-01-15 22:02:58 UTC

She was not stupid. I don't care for her but her revolution Vs reform is interesting reading

2021-01-15 22:03:20 UTC

Especially the neo-malthusian and proto-thirdworldism

2021-01-15 22:10:24 UTC

And it's always horrible when people are mutilated

2021-01-15 22:40:57 UTC



2021-01-16 03:29:42 UTC

Jesse what the fuck are you talking about

2021-01-16 03:40:12 UTC


2021-01-16 04:43:12 UTC

Made sense to me

2021-01-16 05:54:09 UTC

Yeah it still sounds gay

2021-01-16 20:36:47 UTC

Based check

2021-01-16 20:37:24 UTC


2021-01-16 20:39:28 UTC

I don't think the value of a good is dependent on the labor necessary to produce the good

2021-01-16 20:40:04 UTC

Well we have to understand what Marx means by value

2021-01-16 20:40:05 UTC

Obviously when we make mathematical models it's there's a big correlation but I don't think that means that they're actually is some sort of objective factor that is actually predicting what the price is going to be it seems like it's based on subjective preferences

2021-01-16 20:40:18 UTC

Value to Marx is basically price

2021-01-16 20:40:45 UTC

It's exchange value right?

2021-01-16 20:40:49 UTC


2021-01-16 20:41:12 UTC

It's neither

2021-01-16 20:41:31 UTC

It's just firms theory of buying pretty much now

2021-01-16 20:41:42 UTC

No value judges prices

2021-01-16 20:42:03 UTC

Subjective and objective

2021-01-16 20:42:10 UTC

Neither really change prices nor set prices in the 1st place

2021-01-16 20:45:15 UTC

So I can't pretend to know exactly what modern Marxist argue for like maybe certain of his theories were vindicated by neoclassical economics or something but when I generally conceptualize the labor theory of it seems that marx was developing a system of economic prediction based off of these other thinkers of his time and they held the opinion the price of a commodity is the same as the labor that is expended to create it and that's how we came up with this theory of exploitation now if you're arguing for something different I don't totally know because Im basically rejecting his theory of exploitation because he's starting from false premises

2021-01-16 20:45:44 UTC

Yeah, they can be exploited but they aren't exploited in the way Marx says they are

2021-01-16 20:46:13 UTC

Marx's Theory of Alienation was right on

2021-01-16 20:46:51 UTC

I could see that being true

2021-01-16 20:47:02 UTC

@slavecaste prices remained rigid in the face of a huge collapse in aggregate demand due to government intervention lol

2021-01-16 20:47:20 UTC

There was barley any government intervention in COVID

2021-01-16 20:47:23 UTC


2021-01-16 20:47:26 UTC

It was private central banker intervention and massive austerity

2021-01-16 20:47:28 UTC

Keynes was based

2021-01-16 20:47:33 UTC

Friedman wasn't

2021-01-16 20:47:55 UTC

most recessions prior to 1945 saw deflation in CPI

2021-01-16 20:48:07 UTC

Yeah, S&D was very flexible back then

2021-01-16 20:48:11 UTC

Marginalism was right at one point

2021-01-16 20:48:22 UTC

open market operations are a form of gov intervention

2021-01-16 20:48:29 UTC

No they aren't

2021-01-16 20:48:35 UTC

and are supported by virtually all keynesians

2021-01-16 20:48:36 UTC

OMO's are just private central bank intervention

2021-01-16 20:48:40 UTC

Yeah, those are monetarists not Keynesians

2021-01-16 20:48:55 UTC

they just say they aren't enough

2021-01-16 20:49:02 UTC

I mean literally that's true though

2021-01-16 20:49:09 UTC

because Keynes hated central bank action for recessions

2021-01-16 20:49:11 UTC

Friedman loved it

2021-01-16 20:49:21 UTC

I still laugh at lolberts who blame Keynes for the mess we have now

2021-01-16 20:50:02 UTC

not really friedmanites believe in inflation targeting, not countercyclical monetary policy

2021-01-16 20:50:10 UTC

Friedman was a retard for rejecting ABCT

2021-01-16 20:50:10 UTC

Yes they do

2021-01-16 20:50:10 UTC


2021-01-16 20:50:17 UTC

ABCT is false now

2021-01-16 20:50:21 UTC

It's a defense for usury

2021-01-16 20:50:32 UTC

I'm usurypilled

2021-01-16 20:50:37 UTC

he did, where?

2021-01-16 20:50:44 UTC

Feder's Theory of Interest <:chad:793675087064465449>

2021-01-16 20:50:55 UTC

In his general theory and every other literature he had

2021-01-16 20:51:06 UTC

He saw central bank action as barley demand responding for recessions

2021-01-16 20:51:40 UTC

Keynes believed in spurring investment which open market operations precisely do

2021-01-16 20:51:41 UTC

no you aren't

2021-01-16 20:51:45 UTC

are you ?

2021-01-16 20:52:05 UTC

No, he believed in socializing investment which is basically debt-free money to the government.

2021-01-16 20:52:09 UTC

well I obviously dont think all interest is usury or whatever

2021-01-16 20:52:11 UTC

Basically fiscal policy but no national debt

2021-01-16 20:52:31 UTC

all interest is wrong and anti-bible

2021-01-16 20:52:47 UTC

but I think what hammer and sickle is saying is that ABCT doesnt describe the nature of modern business cycles which I agree with but thats because of the government/central planners/private banks or whatever we want to call them

2021-01-16 20:52:58 UTC

'hammer and sickle'

2021-01-16 20:53:06 UTC

My emoji isn't hammer and sickle but call me cash plz

2021-01-16 20:53:06 UTC

hammer and hammer

2021-01-16 20:53:09 UTC


2021-01-16 20:53:22 UTC

i assumed it was meant to represent a hammer and sickle

2021-01-16 20:53:26 UTC

Austrians got lucky and only described 1 RECESSION throughout history

2021-01-16 20:53:29 UTC

and that was the early 20's one

2021-01-16 20:53:46 UTC

ive also seen empirical evidence to suggest it accurately described the great depression

2021-01-16 20:53:50 UTC


2021-01-16 20:53:55 UTC

Usury and Worldwide Austerity caused TGDP

2021-01-16 20:54:24 UTC

well that may have worsened it under FDRs years but lets not forget it originally started with hoover

2021-01-16 20:54:46 UTC

It started it

2021-01-16 20:54:51 UTC

FDR got us out of TGDP

2021-01-16 20:54:56 UTC

and then did Austerity and got us back in

2021-01-16 20:54:59 UTC

fucking dumbasssss...

2021-01-16 20:55:38 UTC

idk if he got us out do you have any articles on that?

2021-01-16 20:55:42 UTC


2021-01-16 20:55:49 UTC

not saying "umm provide a source" im just interested cause ive never head that

2021-01-16 20:56:15 UTC

lol wut

2021-01-16 20:56:26 UTC

Great article debunking Merchant Economics (Austrian) and Marxist economics

2021-01-16 20:57:06 UTC


2021-01-16 20:57:08 UTC

Did you not know that?

2021-01-16 20:58:45 UTC


2021-01-16 20:59:51 UTC

also Lord Keynes, the guy who runs the blog you linked, literally calls Austrians like Rothbard anticapitalists for being against fractional reserve banking (what I presume you would consider usury)

2021-01-16 21:00:40 UTC

''…will be sufficient by itself to determine an optimum rate of investment. I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the only means of securing an approximation to full employment; though this need not exclude all manner of compromises and of devices by which public authority will co-operate with private initiative. But beyond this no obvious case is made out for a system of State Socialism which would embrace most of the economic life of the community. It is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary…''

2021-01-16 21:00:44 UTC

rothbard vindicated once again

2021-01-16 21:01:10 UTC

FRB isn't usury in itself. FRB (Full Reserve Banking) actually causes deflationary monetary policy which leads into usury.

2021-01-16 21:01:18 UTC

I believe in FRB (Fractional Reserve) with no interest

2021-01-16 21:01:49 UTC

all that argues is that usury should be done by the state and not private business

2021-01-16 21:02:02 UTC

:yes: but not by income tax

2021-01-16 21:02:03 UTC

by LVT

2021-01-16 21:02:06 UTC


2021-01-16 21:02:55 UTC

LVT is based indeed

2021-01-16 21:03:05 UTC

LVT is the best feudalism

2021-01-16 21:03:12 UTC

we love our feudalism

2021-01-16 21:03:19 UTC

every citizen a feudal lord

2021-01-16 21:13:07 UTC

bad take

2021-01-16 21:13:39 UTC

Personally I have come to believe that interest – or, rather, too high a rate of interest – is the β€˜villain of the piece’ in a more far-reaching sense than appears from the above. But to justify this belief would lead me into a longer story than would be appropriate in this place.

Keynes, β€˜Saving and Usury’, 1932

2021-01-16 21:13:41 UTC


2021-01-16 21:17:22 UTC

well having too high an interest rate is obviously bad but I don't think you can have an economy without interest due to the time value of money

2021-01-16 21:18:08 UTC

you mean time preference?

2021-01-16 21:18:18 UTC

you can have time preference without interest

2021-01-16 21:18:34 UTC

most people care about the expected return on capital (basically the profit businesses make)

2021-01-16 21:18:36 UTC

not return on savings

2021-01-16 21:22:09 UTC

well its an implication of time preference, but specifically the time value of money

2021-01-17 02:28:24 UTC

Fuck Free Tradeeeeee

2021-01-17 02:34:26 UTC

whats it say

2021-01-17 03:20:47 UTC

Competitive advantage works up to a point but it doesn't scale to infinity like some people would like you to think

2021-01-17 03:50:13 UTC

It doesn't work at all really

2021-01-17 03:50:41 UTC

tl;dr wrong because full employment assumption, industry stripping, etc

2021-01-17 03:50:48 UTC

@slavecaste What is the concept of "free trade" exactly?

2021-01-17 03:51:05 UTC

The fact that we can trade globally without any tariffs and it'd be all good

2021-01-17 03:54:08 UTC

So what is the problem with it?

2021-01-17 04:01:59 UTC

Yes it does

2021-01-17 04:02:54 UTC

In principle it works, specialisation and labour division increases efficiency

2021-01-17 04:03:36 UTC

If there was no cost to transport or sell/buy goods (ie no tax, costs to enter market ect.) Then it would be fine

2021-01-17 04:04:06 UTC

The reason it doesn't work is because of geopolitical concerns and unfactored costs

2021-01-17 04:09:30 UTC

You can have that without free trade

2021-01-17 04:09:57 UTC

There are way more reasons that it won't work that aren't even that

2021-01-17 04:10:52 UTC

Because it doesn't work how theorized (wages fall, industries disappear, unemployment rises, etc)

2021-01-17 04:11:15 UTC

Competitive advantage had nothing to do with free trade, I do not agree with the author combining the two. Unemployment may rise in the short term but will fall in the long term

2021-01-17 04:11:33 UTC

And industries dissapering is not it "not working"

2021-01-17 04:11:44 UTC

You would expect industries to dissaper

2021-01-17 04:11:47 UTC

It only falls due to government stimulus, not free trade

2021-01-17 04:11:55 UTC

That is not how it is theorized.

2021-01-17 04:12:29 UTC

Yes it did? What? LOL

2021-01-17 04:12:37 UTC

Inefficient industries wither away leaving only what is nessicary

2021-01-17 04:13:00 UTC

Its an argument in favour of free trade but the concept is still sound without free trade

2021-01-17 04:13:30 UTC

But the industries that do wither away are efficient, not inefficient.

2021-01-17 04:13:55 UTC

No. Take coal in the UK for example

2021-01-17 04:13:58 UTC


2021-01-17 04:14:15 UTC

Shit you're right

2021-01-17 04:14:18 UTC

The concept is retarded even without free trade and to use it as a defense for free trade is shitbrain.

2021-01-17 04:14:43 UTC

I disagree with Thatcher's methods but the coal mines were inefficient and the workers were holding the government hostage

2021-01-17 04:14:49 UTC

That's good

2021-01-17 04:14:54 UTC


2021-01-17 04:14:56 UTC


2021-01-17 04:15:02 UTC

Its good for coal mine workers

2021-01-17 04:15:09 UTC

Its not good for the country as a whole

2021-01-17 04:15:12 UTC


2021-01-17 04:15:19 UTC


2021-01-17 04:15:55 UTC

Well the industry had become bloated and inefficient and could not survive without the government propping it up

2021-01-17 04:16:19 UTC

We aren't talking about Britain first of all

2021-01-17 04:16:21 UTC

We are talking about America

2021-01-17 04:16:35 UTC

The concept of competitive advantage is a truism

2021-01-17 04:16:44 UTC

Socialist countries practiced it

2021-01-17 04:16:52 UTC

Fudal lords practiced it

2021-01-17 04:17:09 UTC

I do not believe in free trade

2021-01-17 04:17:22 UTC

Second of all once the government props up those industries again (either through nationalizing or bailing out) it doesn't become any more inefficient.

2021-01-17 04:17:46 UTC

No it isn't

2021-01-17 04:17:49 UTC

A government proping up an industry means it's inefficient

2021-01-17 04:18:03 UTC

It assumes perfect competition

2021-01-17 04:18:07 UTC

A government running an industry β‰  government proping up an industry

2021-01-17 04:18:40 UTC

I believe that it isn't good but I don't think if the government props up a industry means it is any more inefficient.

2021-01-17 04:19:06 UTC

They can prop it up through means of nationalizing

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