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Damn, this is a sad day for the homelab.
The article says Intel is working with partners to “continue NUC innovation and growth”, so we will see what that manifests as.
Damn, this is a sad day for the homelab.
The article says Intel is working with partners to “continue NUC innovation and growth”, so we will see what that manifests as.
Because infinite growth of profits on a finite planet.
Yeah this part bothers me. To these companies a solid profit stream is not viable. It has to be iPhone level growth year after year or they think it’s failing and axe it. It’s quite annoying. Eventually you will hit a plateau. That just means it’s a mature market, not failing. Grrrr…
You see the same shit on streaming services. “Oh this show has been out for two days and hasn’t reached Game of Thrones level of popularity already? Let’s remove it from existence forever.”
Just throwing shit at a wall to see what sticks.
Capitalism is unsustainable. We’re seeing what happens in late capitalism. The belts tighten, the workers get left in the dust, the products consumers actually want get the axe.
We don’t even have capitalism yet, what late stage are you talking about?
What are you defining capitalism as, and what word would you use to describe our current system?
No true Scotsman.
You can read about capitalism in Wikipedia.
Most countries today move towards economical fascism, where governments exercise control over private property but do not nationalize it. Lobbying, donor interest protection, cronyism, rise of oligarchy - you can see it in many countries. And then inevitable radicalisation of the public and scapegoating everything else as the core issue. Capitalism, migrants, ecology - everything is a problem but the government.
This Wikipedia article says that the US is a capitalist system.
Where are these things listed in the article as being incompatible with capitalism, and their presence meaning it’s some other system?
I guess that really depends on where you live. I can only speak on behalf of the US.
Where do you have capitalism in US? US is probably one of the most anti capitalist countries in the world right now.
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That’s not really true though and it’s anecdotal. The anti-capitalist mindset might be growing due to awareness and people suffering at the hands of capitalism (continued layoffs, increased cost of groceries and rent, union busting, worker exploitation), but that’s because of the ever-tightening squeeze of late capitalism. When you have a structure that requires infinite growth to exist, in a world with finite resources, you end up with the current state of the US.
I think it would be more accurate to say that the anti-capitalist mindset among the working class has definitely grown in the US, but at its core, the US is pro-capitalist.
Where’s US pro capitalist? It’s one of a few countries with legal corruption called lobbying, which helps big corps to shield themselves from competition. US today has a plethora of laws and regulations which create and sustain monopolies. US has whole industries created by lawmakers and completely stonewalled from anyone entering them. Capitalism my ass…
Also capitalism doesn’t require infinite growth. I don’t know where you people are getting that lunacy from.
Infinite growth is not a core part of capitalism. You’re right there. But do you know what is? Pursuit of profit. And do you know what leaves dollar signs in companies eyes? Pursuing infinite growth. Infinite growth results in infinite capital, in theory. Such growth is not a requirement of capitalism, but it is the logical conclusion when you throw sustainability out of the window. And boy, do we know that corps love doing that!
You summarized the infinite growth aspect better than I did. This is exactly what I was referring to. Thank you!
I’m not sure where they are getting their info or how the US isn’t a capitalist hellscape. The US in its current state is exactly what happens when capitalism reaches a boiling point because all of the people driving it pursue infinite growth with zero accountability.
Laws and regulations that allow capitalists to continue their pursuit of infinite growth. One of the definitions of capitalism is simply:
This is like a 1:1 definition of what we have in the US today, and our government enables, protects, and benefits from it. It’s “late” capitalism because it’s grown into a completely unsustainable system.
Late capitalism is the acceleration of growth and concentration of wealth in the hands of a few, with various crises being the result (layoffs, inflated prices, union busting, cuts in safety—e.g train derailments, etc).
That’s not capitalism, lol. Oh, you people…
Ok, buddy.
Bruh, I don’t believe in late stage capitalism either but we are definitely living in capitalist economies in most of the world.
Capitalism isn’t just laissez-faire, completely free market type stuff. It’s a spectrum.
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Only two kinds of people believe in infinite growth; economists and psychopaths.
But you repeat yourself :)
Infinite growth is cancer’s credo.
When the money supply grows infinitely then everything priced in it has to grow infinitely
It’s called taxes, don’t worry.
Maybe capitalists instead of economists? 😂
Capitalists are behind the most prelavent economic school (neoliberalism) today—just look at the history of the “Chicago school”. I doubt the capitalists themselves believe that BS, but it’s profitable for them to make the rest of the world to believe it.
I highly recommend evonomics.com, some rally good essays on there about the cult-like economic beliefs of today. Written by economists who’ve seen through the BS.
Thanks for the rec, I’ll check it out
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Pretending like capitalism is this new concept that needs to be fully explored and debated before we understand that it’s bad is a pretty bad faith framing of the issue. Infinite economic growth is literally impossible because Earth has finite resources and there is a finite number of humans. There is no necessity or imperative behind infinite economic growth other than to make the ruling class richer at everyone else’s expense.
I would say just generalizing capitalism as ‘bad’ is also not in good faith. It is not without issues, and letting it be completely unrestrained would probably be disastrous. But no other economic system has lifted more people out of abject poverty or driven technological innovation as hard. There are benefits.
There’s the old “more people were in poverty before capitalism” argument.
Did capitalism bring people out of poverty? Or did access to education, healthcare, social safety nets, and proper food bring people out of poverty? Where I live, capitalism is what’s driving people into tent cities.
How does one person controlling the capital in an area, help other people if they’re gatekeeping the economic prosperity from by forcing them to perform labour, at a disproportionately low rate of recompense, to help them (the capital owner) increase their net worth? Don’t even say trickle down economics or I’ll deck you.
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It’s an old joke.
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That article is utterly unconvincing. It just handwaves the finite nature of our material reality with a very weak appeal to “infinite” human creativity. And then the conclusion is that infinite growth is necessary because there’s no way to change the status quo of wealth hoarding. It’s just apologism for the very worst aspects of capitalism without a single iota of serious thought.
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No I won’t because it’s irrelevant if it is the only factor or not. It’s the limiting factor. Please don’t engage in red herrings.
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You won’t because you don’t understand what you’re talking about.
In a finite system, infinite anything is an impossibility.
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If the last 300 years are anything to go by, we clearly do need resources if we are to maintain growth at a rate high enough to barely keep pace with the needs of the market. Coal, steal, oil, cement, water, food, etc.
The reality is, we can’t replace the current demand on renewable energy sources alone. You seem to believe the system can pivot and adapt fast enough to fix itself. While I’m of the mindset the system will follow the path of least resistance even if that means killing itself.
People used to say this about energy as well, yet in the past 5-10 years, I’ve read several articles demonstrating that we appear to have decoupled energy growth from economic growth
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Do you have the text of that article you linked? I’ll confess I hit a login wall nearly immediately into the discussion and I never log in to any of that stuff. But I am curious to read more.
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Who is Oliver Waters and why should I listen to them regarding economic theory? I read the post, and it reads more like a philosophical thought experiment than any applicable economics theory.
While I don’t believe someone needs a higher education degree to speak on complex topics, I’m not going to take a Medium blog post from someone who lists no demonstrable experience in theoretical or practical economics as a central source for discussions, sorry.
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