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Joined 3 years ago
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Cake day: July 5th, 2023

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  • I still think, sustained growth is impossible in the long run.

    Oh yeah, for sure. All production consumes natural resources at some point in the chain, even services. And natural resources are finite. Even if we recycle everything, we’d still have a finite amount we have to work with beyond which we can’t expand. If the driving force behind the production expansion is primarily profit growth, then there’s no satisfying that. That’s an inherent problem with the capitalist system. If however the driving force is the need for making something that doesn’t exist - e.g. more tanks, more wind turbines, more scientific researchers, more musicians, then automation can help a lot. But even for purely profit-driven growth, automation would provide a lot more runway than making people work more hours. I know you’re not disagreeing, I’m just saying this for completeness. :D




  • Under pressure to make changes to boost sluggish economic growth, the conservative has told voters their country’s prosperity will not be maintained “with a four-day week and work-life balance”. He recently effectively accused them of skiving by falsely calling in sick, criticising the relative ease with which sicknotes could be obtained from GPs over the phone.

    Someone does not understand what productivity means and how it’s meaningfully improved.

    If you (you being the proverbial CDU brain here) need people to marginally increase their working hours, in order to achieve higher economic output, you’re in deep trouble. The increased output is also marginal and a one time boost. If you want meaningfully higher economic output, with sustained growth, you have to use machines and automation to achieve more with the same work hours. In other words you gotta do productive capital investment. Unfortunately conservative brains can only think of the cheapest solution (for businesses) first, at the expense of workers quality and quantity of life.





  • From wiki:

    A combination of the Great Depression of the 1930s, the end of prohibition, and World War II severely dampened Cuba’s tourist industry, and it wasn’t until the 1950s that numbers began to return to the island in any significant force. During this period, American organized crime came to dominate the leisure and tourist industries, a modus operandi outlined at the infamous Havana Conference of 1946. By the mid-1950s Havana became one of the main markets and the favourite route for the narcotics trade to the United States. Despite this, tourist numbers grew steadily at a rate of 8% a year and Havana became known as “the Latin Las Vegas”.[49][50]

    This was also common before the depression, as far as I read.