Disgusting
What a fucking joke
"...we are the citizens that make up the government that designs the governance rules for our nation-state."
No we're not. We only have the illusion of control where we are allowed to vote on how to tinker with the outer edges of a system that is in reality controlled by 0.1% of the population.
“I wouldn’t attribute too much to Japan’s quarterly growth rate—but I would give them some credit for not leaving as many people behind,” said Nobel-winning economist Joseph Stiglitz of Columbia University. “The big advantage they had was that before their malaise set in, they had achieved a far more egalitarian state.” Or as International Monetary Fund (IMF) economists Fuad Hasanov and Reda Cherif conclude in one recent paper, the Asian miracles’ economic models—mainly the ones used in Hong Kong, South Korea, Singapore, and Taiwan—“resulted in much lower market income inequality than that in most advanced countries.”
Isn't that what people have been saying for decades? Yet the 'economic miracle of Japan' just keeps rolling.
https://foreignpolicy.com/2023/09/14/japan-economy-neoliberalism-east-asia-washington-consensus-imf/
Oh wow that's insane to leave those essentials out of the calculation.
Shit isn't good here either, energy costs increased by 20-25% in just a quarter, homelessness rising, wages have fallen in real terms over the last two decades while company profits have soared, renting is out of reach of most young people while the older generation is retiring with multiple homes. The share of GDP that goes into people's pockets is literally the opposite of what it was in the 1950s.
Why aren't people taking a closer look at Japan? Their inflation rate is down 929% from last year, without adjusting the cash rate.
Why is it that the EU, UK, Canada, NZ, USA and Australia all keep trying to reach the same goal of suppressing demand until unemployment is high enough for prices to fall. It's insane.
What I was basing my observation on: https://theconversation.com/japan-has-gone-its-own-way-on-fighting-inflation-can-nz-learn-from-a-global-outlier-210618
Instead of fighting to invent new languages we should fight to preserve indigenous languages.
When an indigenous language disappears so does often the knowledge that it was used to describe:
Medicinal knowledge vanishes as Indigenous languages die - Science.org
With over 40 languages disappearing every day, learning local dialects can help create loan words that broadens our understanding of the world.
You can guess which will get more attention once in power, neo liberal economic changes or immigration and climate change.
I agree. But the problem comes when the investors want to start to see a return. Just look at the state of the tech industry now. Consider the failure of second sight and how it's left people with brain implants that no longer function.
I agree the tech looks promising and we are going to need a lot of adaptation solutions but right now theyre being funded in order to take advantage of the serious cost to society and with the need for returns those costs will only spiral upward. This will be especially obvious when we consider that it is the poorest communities who are most affected by climate disasters. The richest people will get adaptation. The poorest will get refugee status.
By relying so heavily on private solutions governments abdicate responsibility and communities get left to pick up the pieces.
What a ridiculous edgelord.