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25 votes
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Stubborn Detachment
8 votes -
What will the 2019 World Cup mean for the French cities that host it?
7 votes -
Uber's path of destruction
17 votes -
It’s been five years since Seattle’s landmark $15 minimum wage law. It not only helped workers — it raised their expectations about what's possible and what they deserve.
16 votes -
A Housing Economy for the Many: To deal with the housing crisis, we need to roll back the financialization of housing.
5 votes -
The Radical Plan to Save the Planet by Working Less
8 votes -
Minimum wage will rise three per cent to $740.80 a week on Fair Work ruling
6 votes -
The behavioural economics of discounting, and why Kogan would profit from discount deception
3 votes -
The Moral Economy: Why Good Incentives are No Substitute for Good Citizens
6 votes -
Two kinds of freedom
8 votes -
The subtle economics of private World of Warcraft servers: Anarchy, order and who gets the loot
5 votes -
The Teacher Shortage is Real, Large and Growing, and Worse Than We Thought (Part 1)
22 votes -
A politician always wins, but this time the choice really matters
7 votes -
The American Dream is killing us
14 votes -
Poor neighborhoods make the best investments
7 votes -
'It's a laughable fiction': How Uber's $82 billion valuation was built on a lie to its workers
13 votes -
The long tail
6 votes -
Economics of recycling
11 votes -
How The Economic Machine Works by Ray Dalio (Founder of Bridgewater Associates)
3 votes -
The IKEA effect: how we value the fruits of our labour over instant gratification
6 votes -
After the rain: The lasting effects of storms in the Caribbean
3 votes -
The sharing economy is going to innovate us into the Victorian Era
15 votes -
Robert Reich: Everything You Need to Know About the New Economy
11 votes -
The data all guilt-ridden parents need: What science tells us about breast-feeding, sleep training and all the agonizing decisions of parenthood
15 votes -
Why Budapest, Warsaw, and Lithuania split themselves in two
11 votes -
Many people are too broke for bankruptcy. A new report suggests some fixes.
6 votes -
Zach Weinersmith (SMBC Comics) Teams Up With Bryan Caplan on a Book Arguing for Open Borders
13 votes -
Why was Egypt crucial for the Roman Empire?
6 votes -
Can we have a dedicated ~econ group?
Hi, simple request here, can we have a dedicated channel group for the economy & related financial topics? It is an important enough field of topics that deserves to be on its own and not just...
Hi, simple request here, can we have a dedicated
channelgroup for the economy & related financial topics? It is an important enough field of topics that deserves to be on its own and not just labeled via tags, IMO. Especially with interesting developments and happenings which may be driving political and other news, it would be nice to have them easily in one place.Now that I look again, ~politics probably deserves its own too, although I can see how that might turn into the most raucous part of the Tildes community. Economics is usually a bit more dry though--it's nicknamed the "dismal" science after all--so hopefully that would be less of an issue.
Thanks.
14 votes -
What would happen if we just gave people money?
37 votes -
A beginner’s guide to MMT
13 votes -
Do you think a collapse is coming?
Can be any kind, social, political, environmental, economic etc etc. I'm thinking more on a worldwide scale rather than just one local area, the topic's been on my mind recently.
29 votes -
What is the human cost to China's economic miracle? | Head to Head
6 votes -
Go home to your ‘dying’ hometown
11 votes -
Mansa Musa: The richest man who ever lived
8 votes -
Many companies like Lyft and Uber are going public without having profits - The last time this was so common was in 2000, right before the dot-com bubble burst
15 votes -
Australian economic growth slows, enters per capita recession
3 votes -
Who is really a socialist?
10 votes -
Personal vs. private property in Marxism
Consider three examples: I am a farmer. I have a piece of land that can grow just enough potatoes to feed me. I work this land, I gather potatoes, ad nauseam. I am a farmer, but this time I have...
Consider three examples:
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I am a farmer. I have a piece of land that can grow just enough potatoes to feed me. I work this land, I gather potatoes, ad nauseam.
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I am a farmer, but this time I have ten times the amount of land. I hire four workers and also work myself. Together we grow enough potatoes to feed all of us, and we also have a surplus. I sell this surplus potato for ¤5000. I am a greedy man, so I take ¤3000 for myself and give ¤500 to each of my workers.
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The situation is the same as in 2, but this time I am a just man. I share the money equally, so everyone including myself gets ¤1000.
It seems to me that in the first case the land can be considered personal property, since there is no exploitation and no surplus is generated. In the second example the land is clearly a piece of private property, because I use it to exploit other people, taking most of the profit for myself.
But what about the third example? On one hand, the profit is distributed equally, so there is technically no exploitation, right? On the other hand, I am alienated from the workers, because I still have the power to fire one of them (or all of them if I know I can replace them) or to distribute goods unfairly (even if I don't do that). What is the Marxist point of view here?
12 votes -
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A $300 billion business tax break meant to raise wages is instead helping companies replace workers with machines, study says
18 votes -
How to fix stagnant wages: Dump the world's dumbest idea
15 votes -
The philosopher redefining equality
9 votes -
2019 Annual Letter from Bill & Melinda Gates: "We didn’t see this coming"
16 votes -
Mr. Chen's Mountain - The story of a Chinese billionaire who moved back home, setting his mansion down in the middle of his economically depressed ancestral village
8 votes -
#changethestats: A new way of talking about unemployment
3 votes -
With Alexandria Ocasio-Cortez, Americans finally have a politician who agrees with them about taxes
24 votes -
A primer on the geopolitics of oil
4 votes -
The future of the minimum wage is alive in Seattle
7 votes -
How Magic: The Gathering’s most expensive card changed the game
9 votes