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ThanksObama5223 [he/him]
As someone who lives a very comfortable life in the imperial core I was thinking about this - what would my life look if forced to reduce consumption/increase production by 50%?
I think you could drastically reduce consumption by merely re-ordering american life in certain ways - i.e replacing car dependent city planning with public transit centered alternatives (this alone removes the necessity of car ownership for most people, or reduces the 2-3 cars/family thing you see in the suburbs). fostering/creating “community”, so that our “free time” isn’t colonized by increasing commercialization where we must consume in every waking moment (think watching netflix, scrolling tiktok, online shopping, etc, Very much Critique of everyday life a la Lefebre). Reordering production such that “unproductive” sectors like marketing or finance (my own career lol) are filtered into productive ones, etc.
I think a combination of these things could easily result in a reduction of 25-30%. What’s crazy about these statistics is that equality would require an additional reduction of 20-25%. I imagine accomplishing the first part would put US consumption at the level of a less-consuming EU state, but even those states consume at rates higher than the global south. It’s wild to think about
Thank you comrade @Redcuban1959@hexbear.net for the Venezuelan election posting on the prior thread
Absolutely heartbreaking. Couldn’t get through a single section without tearing up. Death to Israel
while losses like these are large and indicative of poor lending practices for mortgages, there was more at play for the 2008 market implosion. It wasnt just defaults on mortgage-backed securities, but the widespread failure (fraud imo) of rating agencies giving these MBS good ratings, the trillions of dollars of derivatives betting on those false ratings, and the failure (fraud imo) of regulatory bodies to identify and mitigate any of this. A mortgage crisis is surely happening but i doubt the fallout will be anywhere near 2008. but i stopped paying attention to financial regulatory policy in the early trump years after he undid the measly measures obama put in place post-crisis so your guess is as good as mine
I recently moved out of my major city to a suburb (we wanted to buy a place and no way we could afford more than a 1bed apt in the city). The way suburbanites manicure their lawns has jokerfied me. people spending hundreds of dollars a month for services to come out and fertilize/pesticide, out there mowing/weed wacking every couple of days, etc all to maintain what is effectively a weed that kills biodiversity. if humanity survives im certain we will look back on lawns as the greatest misallocation of resources in human history. my wife and i are working to plant a ton and do almost nothing about our dandelion riddled lawn
I know people who see and acknowledge this kind of thing but fell headfirst into the ruzzia bad narrative following the smo, absolutely scoffing at the idea that the western press isn’t free or independent. I have a really hard time getting americans to carry over any skepticism from one “media event” (for lack of a better term) to another. its infuriating.