hh on Nostr: That's not totally true: the State Apparatus gains. Firstly, it grows even further ...
That's not totally true: the State Apparatus gains.
Firstly, it grows even further through increased bureaucracy needs that become permanent and impossible to dislodge. Also, in the short term, it is able to prey on whatever capital is available (before people simply stop investing), consuming it in the form of increased public spending. Textbook case of killing the golden goose.
Additionally, one of the basic tenets of the current Corporatist State regime ideology prevalent in the West and all other developed economies is that savings are inherently bad and must be discouraged and destroyed where they exist, for a variety of reasons: first, the front-facing Keynesian BS excuse that normies can be easily duped with, that is, that "excessive" savings suppress economic activity and ultimately cause -- crutch your pearls -- unemployment.
But in reality, the true reason that they cannot publicly mention, is that savings are the only way to create capital. That is, savings are the only way by which a wage slave can climb up the ladder and become a self-sufficient capitalist. And even if he doesn't reach that level of capitalization, a wage slave with savings is a wage slave that becomes emboldened and may develop the habit of saying NO to the incumbent capitalists and the State.
Savings are how you fight both legs of the Corporatist State regime, so they can't possibly allow you to have any.
Absolutely. It's added complication for no real gain for anyone.
The rich get taxed the same. The poor get priced out. The accountants have to work more for the same cost. The government arguably gets less tax money because it will reduce total investments in the market.
Literally no one gains from this.
Published at
2024-08-21 15:42:48Event JSON
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"content": "That's not totally true: the State Apparatus gains.\n\nFirstly, it grows even further through increased bureaucracy needs that become permanent and impossible to dislodge. Also, in the short term, it is able to prey on whatever capital is available (before people simply stop investing), consuming it in the form of increased public spending. Textbook case of killing the golden goose.\n\nAdditionally, one of the basic tenets of the current Corporatist State regime ideology prevalent in the West and all other developed economies is that savings are inherently bad and must be discouraged and destroyed where they exist, for a variety of reasons: first, the front-facing Keynesian BS excuse that normies can be easily duped with, that is, that \"excessive\" savings suppress economic activity and ultimately cause -- crutch your pearls -- unemployment.\n\nBut in reality, the true reason that they cannot publicly mention, is that savings are the only way to create capital. That is, savings are the only way by which a wage slave can climb up the ladder and become a self-sufficient capitalist. And even if he doesn't reach that level of capitalization, a wage slave with savings is a wage slave that becomes emboldened and may develop the habit of saying NO to the incumbent capitalists and the State.\n\nSavings are how you fight both legs of the Corporatist State regime, so they can't possibly allow you to have any.\n\nnostr: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",
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