Message from @༺པརབྱར།བསངཇ༻
Discord ID: 401409160203206656
THE BOOM BUST CYCLE IS DRIVEN BY THE DISCOVERY OF NEW INDUSTRIES AND OVER-INVESTMENT BY CLUELESS PROLES
YOU HAD NONE OF THIS UNDER THE ARISTOCRATS
No the expenditures **aren't** allowed to rise
Also not true. The tulip mania of the 17th century happened while plenty of aristocrats and monarchs were in power
How about the south sea bubble?
Ohai guys
Aristocrats weren't really in power in the 17th century.
You forget that by the renaissance, effective power was switching to bankers and investors, more than pure aristocracy.
Aristocracy had a certain function and title, but they were certainly not completely in power. Even kings had to bow down to the banks.
What is needed is a true caste system, where money handlers are servants.
Who are effectively an aristocracy 😒
From the middle ages to the 20th century, it is not just discrete moments that cause the loss of power of the monarchy, but rather a slow, gradual change.
No. You confuse "got power" with "aristocracy"
you are using the confused, generic term for "aristocracy" as "whoever is up there"
It's a pants shitting retarded distinction. Who owns the productive economy?
nope
it is not a retarded distinction
it is a qualitative distinction
like the term "noble"
aristocracy is made up of nobles
nobility is not made with money (alone)
yeah muh meritocratic ______would never do stupid things
In terms of power
What I am getting at, is that you are conflating
confounding
No it's called political economics
Simplifications that obfuscate the truth.
you can say "the upper class", if you like
but "aristocracy" and "nobility" mean something else
in today's world , the "upper class" is an ascended merchant class, not a "nobility"
dude political economics was a field of study
"dude", that doesn't change the meaning of what we are discussing
you know what else is a "field of study"? Women's studies
K?
the point being, that doesn't mean they got this right, at least not completely
that flattening of terms and doing away with quality is a Marxist thing
Boogeyman
no
scurryyyyy
I am giving you reasons why it is wrong
it flattens out and erases distinctions that are meaningful, and functional
an aristocratic class does things differently than an ascended MERCHANT class, for DIFFERENT REASONS, and WITH DIFFERENT GOALS