this post was submitted on 12 Nov 2024
54 points (100.0% liked)

news

23555 readers
753 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today/ . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 22 points 3 days ago (1 children)

They describe two sides of the same thing. Stocks and real estate are doing well because they come at the expense of everyone else who owns no capital. It's proletariat vs. the bourgeois and their relationship to the means of production.

[โ€“] [email protected] 9 points 3 days ago

true, that's a good point. i do think that when regular people use the word economy, though, they aren't really thinking about things like student debt/education costs, healthcare costs, taxpayer money being wasted on arms manufacturing, etc., which all contribute to the profits reaped by the bourgeoisie. most people conceive of those issues as "politics" and therefore separate from what they think of as "the economy", IMO, so what we've really got is three meanings under the same word:

  1. the two sides of the coin you mentioned, i.e., the marxist understanding of the economy

  2. the stocks and real estate side of the coin, i.e., the graph of rich people's feelings that liberal propagandists are thinking of when they talk about the economy in newspapers

  3. a subsection of the cost of living side of the coin, i.e., rent, groceries, gas and the job market, which is what the other 95-99% of people mean when they use the word economy

Death to America