Liberal Forum

LowIQTrash » 13 Jan 2023, 6:40 pm » wrote: ↑

13 Jan 2023, 6:40 pm

There are countless schools of economics. It is not concerning which one you believe is the most accurate, although I will say the neoclassical model is 85+% wrong, while the "New Keynesian" model preferred by mainstream economists is maybe 40%~ wrong, mostly due to their failure to separate the real economy from financialization.

There is a myth propagated by liberTARDians that if 2 people or two parties engage in some sort of consensual transaction, that type of "market exchange" is dubbed "capitalism." Disregarding the fact that consensual transactions have been taking place since God knows when (imagine how retarded you would sound if you said "ancient Egypt was capitalist"), the model which is based off of lolibertarian "rational self-interested parties" fantasy ignores a basic fact of politics which is that all "ruling classes" attempt to "skim" a certain % off their host/working populations. Skimming is only possible once you have a sufficient amount of power.

Skimming is basically institutionalized theft/fraud...but because most of it occurs behind the scenes or cloaks itself as "consensual, mutual, whatever" people ignore it completely. And it should not surprise anyone lolibertarian think tanks/prominent groups are funded by (((OUR FRIENDS)))

Skimming comes in 3 levels: (I will only discuss #1 + #3)

1) Minimal skimming
2) Moderate skimming
3) Heavy skimming

Minimal skimming tends to coincide with times of general prosperity. The ruling class does not need to skim much...say, in situations like 1960 America or in 130 AD Rome because of all the bountiful loot obtained from other countries or from keeping other nations poor (e.g. through extracting rent, forcing powerless nations to take on IMF-style debts, telling those nations to "lower their tariffs" so cheap products can flood those nations and they will never develop their own base of economic stability, etc.)

It's basically a gentleman's agreement between the ruling classes/the people they control..."We can both come out of this ahead, as long as YOU...the stupid peons...don't complain about pillaging other countries."

Heavy skimming tends to happen when the low hanging fruits are all plucked from the tree, when even skimming from the host population no longer suffices.

The best summary of "heavy skimming" is psychopathic oligarchs attempting to (and often being successful at) stealing from other oligarchs. Since the poor (whether internationally or domestically) are all tapped out, there is no blood left to squeeze from the stone.

Wealthy parasites stealing from other wealthy parasites..."legally" of course...that pretty much sums up everything we see today.

(To be continued below)