looks pretty ponzi to me, mods comments made things even worse ^_-
Bernie Madoff scheme covers both of your arguments: it lasted for ca. 17 years and even seemed quite legit at some point for Wall Street guys.
one thing amazes me for sure: there is still bunch of people loudly protecting their masters' right to exploit and rob them.
And they are doing this while are already living in the world destroyed and robbed by capital, where COVID showed how vulnerable and under-financed our healthcare system is, where due to the global competition and sinking profits of corporations countries are building alliances, and preparing a new big imperialistic war for us, where crisis goes after crisis together with high inflation globally, and where quality of life is sinking monthly.
depends on problem you are going to solve, if you want to provide people with affordable housing, then challenge your beliefs in almighty market.
Landlords do not build houses, they just rent them out. Housing, shelter call it whatever you like is human right and essential need, so it should not be a part of speculations for profits. Now you can see overpriced real estate because of investors who buy it and never live there. All this "helpers" who rent out their apartments bring more harm than benefit for society (they at least contribute to a price growth in real estate). Buildings could be constructed by government owned organizations in order to provide society with housing, no need in speculators to solve problems.
cyberpunk dystopia is their marketing, you will get just oppression without any cyberpunk.
horrors of apartheid not bothered libertarians too much
nice part of the article:
When Friedman visited the University of Cape Town in 1976, he gave a speech to an audience of 2,000 in which he declared that the market was a much surer route to liberty than democracy; voting by dollars was better than voting by ballots. The key to freedom was not free elections but decentralisation of state power itself.
And freedom they talking about is freedom of market.
Also, here is the video where Milton Friedman tells that he does not believe in democracy (with good part of word salad as usual, of course). https://www.youtube.com/watch?v=qgrTeEToIX8
You just wrote the saddest, shortest story about illiteracy ever
There is not such thing as middle class, pure sophistic. There are ~~only~~ 2 classes, proletariat and bourgeoisie.
Works on my pc
And actually has no mechanism to store value... so called value is based on a pure speculation