Message from @Brickiest Brick
Discord ID: 473129807379431434
I do tend to disagree with traditional conservatives somewhat
lol anyone in their right mind should
But I’d say libertarian economically and social issues is a mixed bag
Although on most social issues I really don’t think it’s up to the state to enforce that
i'd say libertarian economics are like lighting the fuse of the bomb we're all sitting on called capitalism
Yeah I get that that’s generally the consensus of socialists
The next step after capitalism inevitably collapses
Which hey it might happen
I don’t see it happening though and if it does happen it will be because of state overreach and intervention
State intervention has always been the most powerful tool in preserving the capitalist status quo
I’m not one to denounce socialists because marxists for example actually have some good arguments
Generally speaking less intervention in the economy works better but what you say is true
Politicians have been putting regulation after regulation as bandages for the damages caused by former regulations
It’s politics
I'd dispute that highly, it seems that the nations with a larger and well balance state control of important economic and social issues seem to be doing the best under globalism so far
While the land of deregulation USA is heating up to a point of crisis
Corporations have amassed so much power there
and it's creating huge social issues
and economic ones, when the next crash inevitably happens
There is another big bubble looming over the usa and it’s going to burst this is true
What is the reason for it in your opinion?
State capitalism is a disease
Well the last one was of course the housing crisis of 2007
Which was caused by... not enough regulation
Money is a spook
and predatory companies exploiting millions of people
It was mainly caused by the federal reserve raising interest rates at a time when the economy was not prepared for it
But Trump undid all the regulations Obama put in place after, i mean surely they have learned their lesson now ))
And it raised them and raised them
i haven't read about the Federal reserves role in the crisis im afraid so i can't say anything to that
Capitalism always has periods of rise and fall from which the capitalist class is largely left unaffected and the working people bear the burden of the financial crisis
And they say “it was because of deregulation” as an excuse to impose more regulations to keep the working class poor
Happened in 1930
Happened in 2008
It will happen again
The regulations were in place to protect people form getting scammed into loans they can't afford
and here is where a libertarian would say
YOUR FAULT
but that's not a good answer
Well another problem would be the government promising to bail out the banks