Wouldn't that be the role of the market? — frank
Free market works better than a command economy, yet for a free market to operate healthily needs a lot more is needed than the Ayn Randian libertarian just assumes to be. Simply put it: A society isn't based on competition, but on a community.But neoliberalism became a sort of social virus that reorganized America and to some extent the world to think of health only in terms of the health of Wall Street. The doctrine is to let Main Street disintegrate as long as Wall St. is ok. — frank
Social cohesion refers to the extent of connectedness and solidarity among groups in society. It identifies two main dimensions: the sense of belonging of a community and the relationships among members within the community itself. It stems from a democratic effort to establish social balance, economic dynamism, and national identity, with the goals of founding a system of equity, sustaining the impulses of uncontrolled economic growth, and avoiding social fractures.
Social cohesion is a social process which aims to consolidate plurality of citizenship by reducing inequality and socioeconomic disparities and fractures in the society.
think the basic reason is that the present elite doesn't feel that they have a responsibility towards the larger society and they have no understanding that they should take care that there exists social cohesion in the society. — ssu
But where's the race war? Maybe I just don't understand what a race war is, if there's one underway. Do you see it? — frank
For the US I wish the criminalization of weapons. It will give some peace to the people. And if everyone feels safer there's more room for solutions. — TaySan
Strong labor unions and government control can indeed lead to a more stagnant economy, — ssu
For you, the war is over. — unenlightened
But let's not pretend we all know equally what that means. Ok? — frank
But to the extent that we want to call a conflict a race war, we all know who won and who lost, whether we are talking about the holocaust, the conflict in Myanmar, the Tutsis and Hutus, or blacks and whites. — unenlightened
Well, I know there is a Post-Keyensian explanation for it. I think they'd say that if you'd had taxed the money out of the economy, then prices would fall.
But a huge aspect of that problem was the oil cartels messing with the price of oil.
I guess you'd have to be more specific. — Dharmi
Oil was a little blip on radar, but often used to cover up the adoption of Monopoly (the game) money and the corruption of the entire political and corporate system through bogus central banking. — synthesis
So I guess you're saying BLM should just shut up and go home because they already lost. — frank
We now know the US was planning to blow up the Middle East to get oil flowing. The Saudis backed down and were forced to send all oil profits to NY banks. This led to massive investment in Latin American countries which were eventually forced to end all social welfare programs and open their societies to foreign exploitation rather than default on their loans. — frank
Ok. If you were to go step by step through the 1970s, how would you describe how we got to fiat money? — frank
As BitterCrank and 180Proof said, history got us here. The global economic system is blocking any way out, not American neo-nazis. — frank
It's not that simple even in a small economy.I still don't totally understand why this is. I think it's because it leads to a state of equilibrium between wages and prices so that profit margins become small. Workers are then laid off to try to increase profitability and invite investment for R+D, new facilities and equipment, etc, but that only lowers demand. Now inventory becomes bloated. More workers are laid off. Is this right? — frank
It's a focus on who the participants in the war are and what their goals are.Apart from the undeniable claims that the past led to the present and and the economy is responsible for inequality, this doesn't say very much to me — unenlightened
The US is still struggling to rid itself of the psychological legacy of the British Empire. — unenlightened
And this makes economics and sociology so complex that these issues cannot really be put into a simple math formula in their entirety. Nuances are important — ssu
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