You are viewing a single thread.
View all comments
35 points

We’re seeing so many economic problems being caused too much wealth being concentrated. Supply side economics was a stupid idea from the outset, but now we’re in the supply side economics endgame.

The wealthy are using that wealth to make products no one needs while people are struggling to afford the things they actually do need. $3500 for Apple goggles? We don’t need that and couldn’t afford it if we did. How about yet another streaming service? Don’t need it, can’t afford it. Maybe some VR goggles the you can use to go into a virtual world where you’re a legless cartoon character? We’ll rename the company after this new product, that’ll get people to buy it for sure!

Well shit, it seems the wealthy have so much money, they don’t have anywhere to put it. Doesn’t seem like enough people are buying the products they develop with that wealth, so what can they invest that money in? I know, maybe they should put it into real estate! Great, now ordinary people can’t afford a place to live. Yay, supply side economics is working great!

permalink
report
reply
1 point

Isn’t the usefulness of ventures rewarded or not by the efficient market? I really like VR. An emerging market like that is bound to have some design dead ends and wasted money.

permalink
report
parent
reply
3 points

What efficient market?

permalink
report
parent
reply

World News

!world@lemmy.world

Create post

A community for discussing events around the World

Rules:

  • Rule 1: posts have the following requirements:

    • Post news articles only
    • Video links are NOT articles and will be removed.
    • Title must match the article headline
    • Not United States Internal News
    • Recent (Past 30 Days)
    • Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
  • Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think “Is this fair use?”, it probably isn’t. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.

  • Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.

  • Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.

  • Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19

  • Rule 5: Keep it civil. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to “Mom! He’s bugging me!” and “I’m not touching you!” Going forward, slapfights will result in removed comments and temp bans to cool off.

  • Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.

  • Rule 7: We didn’t USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you’re posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

Community stats

  • 11K

    Monthly active users

  • 17K

    Posts

  • 284K

    Comments