News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
Ok but we want the factory jobs from the 50’s that paid one worker an entire family’s living wage. We should go to the 1950’s wealth tax rate of 90% to achieve this. I think what he means is impoverished guilded age slavery though.
The 90% tax rate wasn't what made factory pay cover a family of four. Expropriated wealth from the third world, combined with a strong export market for finished goods, allowed Americans to import raw materials at near-zero cost and transform that functionally "free" material into the quality of life improvements they valued.
Also, that high quality of life was reserved largely for the industrial north. Gulf Coast / West Coast states wouldn't see the jump in prosperity until the oil boom of the 70s and the migration of finance capital into Florida, Texas, and California. And even then, it was a very "Whites Only" kind of prosperity, with labor provided by the racial underclass going to cheap housing and foodstuffs and utilities enjoyed by the American middle class.
By the mid-90s, a lot of the benefits of being a white working class adult had diffused to the racial underclasses. White people no longer felt "rich" because they were competing for homes and jobs and consumables with the historically impoverished PoC. Our cheap consumables were increasingly imported from overseas while our labor force was focused towards the professional (educated) and service (uneducated) sectors. We maintained a policy of low inflation through exporting dollars abroad. We expanded privatization to goose our rate of employment with tons of make-work and bullshit jobs. And we reduced taxes in order to incentivize private capital improvements and consumer spending.
What fucked us in the end wasn't a lower tax rate, it was a global post-WW2 economic recovery. Once we could no longer spend overpriced American dollars for cheap foreign materials, American buying power declined. Foreign countries began to consume their own quality-of-life products, which boosted American investments abroad but hobbled American consumption at home.
He's asking for Americans to return to the position of the labor underclass at home, in order to prop up a "White" leisure class at the expense of a PoC working class. That doesn't necessarily mean "slavery" (although you can't help look sideways at all these new prisons we're building). It does mean working class Americans continue to lose access to consumption as they fall into competition with their BRICS working class peers.
And it likely means we return to "Whites Only" domestic policies, in order to guarantee a certain fraction of the public access to preferable living conditions at the added expense of PoC.