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Yogthos

Michael Hudson on the emerging bipolar world. US finance capitalism vs. China's mixed public/ private economy

youtu.be/E_zY44YClCY

Yogthos

The social contract fundamentally relies on the acceptance that the system is fair. This allows differences to be resolved through voting and dialog.

Once a sufficient portion of the population stops believing that the system is fair then violence becomes the next logical step.

Both democrats and republicans now view the other side as a threat to their way of life. Meanwhile, rapidly deteriorating material conditions are driving people towards extremism.

theguardian.com/us-news/2022/n

The social contract fundamentally relies on the acceptance that the system is fair. This allows differences to be resolved through voting and dialog.

Once a sufficient portion of the population stops believing that the system is fair then violence becomes the next logical step.

Both democrats and republicans now view the other side as a threat to their way of life. Meanwhile, rapidly deteriorating material conditions are driving people towards extremism.

CEbbinghaus

@yogthos yeah it has always been insane to me just how much emissions are caused by the few% and companies. Like compared to them the average person has basically no emissions at all. If I recall correctly if everybody lived the most climate neutral life it would only affect like 2.5% of global emissions the rest are all big companies

Yogthos

“Whatever the shape, so long as it is a bourgeois state, so long as it preserves private ownership of the land, factories and private capital and upholds wage slavery, it remains a tool of the ruling classes for oppressing the “masses. The working class has a very clear idea what it must do with this state machine. It must wrench it from the bourgeoisie, break it and replace it with new machinery serving the working class and its allies.”

... To maintain and preserve their rule, the landlords had to have a machine for keeping great numbers of people in submission. When a feudal state was a monarchy, it was ruled by a single person; when it was a republic, it was ruled by elected representatives of the nobility. That did not change the essence of the state. 
 The next important stage in the development of the state was capitalism. It began to emerge towards the end of the middle ages when, after the discovery of America, world trade expanded, extraction of precious metals increased, gold and silver became means of exchange, and the turnover of money helped to build enormous fortunes. 
 Society was reorganised. Its division into lords and serfs was ended. The laws were proclaimed to be the same for everyone. They extended equal protection to all and protected property from those who had none. 
 Yet, despite the change, the state continued as a machine helping the capitalists to subjugate the workers and poorest peasants, who were, however, nominally free. The capitalist state promulgated universal suffrage while bourgeois ideologists loudly denied that the state had anything to do with classes, contending that it expressed the will of the people.  All such doctrines merely glossed over the essence of the capitalist state.”

Excerpt From
ABC of Dialectical and Historical Materialism
USSR
Yogthos

OpenSea administrators can take any tokens minted on the OpenSea Shared Storefront. This is a previously-undocumented backdoor.
blog.phor.net/2022/11/04/Does-

Yogthos

The most important video of the year was filmed in 1983.

Yogthos

Covid-19 is a leading cause of death in children and young people ages 0-19 years in the United States medrxiv.org/content/10.1101/20

Yogthos

love how the camera turns away as soon as they see the hammer & sickle

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