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388 sats \ 4 replies \ @kepford 13 Apr
I'd love to see comparisons of those that actually HAVE worked in a factory. I did for several years in different ones in different roles on lines and working for a contractor company that set up assembly lines.
Statements like this are dumb IMO. Overly broad. Some people would love a good paying job of any type. Others like me would lose their minds. How bout we let the market figure it out.
Its annoying to me when Republicans act like central planning commies.
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67 sats \ 0 replies \ @optimism 14 Apr
💯💯💯
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5 sats \ 1 reply \ @kepford 13 Apr
The more experience I have watching politics the more it feela like most people love central planning and authoritarianism. But only when they are in charge. Guys, that doesn't work. It always swings back and hits you in the face.
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61 sats \ 0 replies \ @Solomonsatoshi 13 Apr
Chinas economic success is due to the balance between central planning, regulation and direction of capital flows and the underlying culture of enterprise and wealth accumulation within Chinese culture being unleashed.
Successful economies always rely upon the successful combination of market forces and government guidance, regulation and strategic planning.
There is a culture of engineering in modern China that enables it to be the dominant global manufacturing economy that all other economies are now more or less dependent upon for manufactured goods and sale of commodities.
Without China strong regulation and sanctioning of anti competitive behaviour it would not have achieved the growth and market leverage it now has.
Only a government has the motive and power to advance the overall best interests of the nation state economy.
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0 sats \ 0 replies \ @endothermicdev 14 Apr
I worked in one for many years as an engineer. Granted, I did mostly design work, but I had a great time automating some of our more tedious manual processes. Creating custom tools for the technicians and the real time feedback of improving designs for manufacturability was rewarding as well.
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77 sats \ 0 replies \ @bounty_hunter 13 Apr
Working in a factory is really about taking the highest paying offer on the table.
Total comp maxing. Like a programmer choosing a boring but high paying big tech job over a more interesting low paying startup.
Yes, there is a drudge factor to working in a factory which is why many people who do manual labor find working outdoors or driving trucks or working a restaurant are worth getting paid less to what they could at a standard factory.
And just like big tech jobs, factory jobs can be more comfy, stable, and have better worker safety than the average farm hand.
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43 sats \ 2 replies \ @OT 14 Apr
I'm not American, but I personally don't mind doing repetitive work. You put on a few podcasts or music and happily work away. Even better if you're getting paid in bitcoin
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0 sats \ 1 reply \ @Dkryptoenth 14 Apr
Are Americans paid in bitcoins for offline jobs? 😮
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0 sats \ 0 replies \ @OT 14 Apr
Very few.
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5 sats \ 0 replies \ @oliverweiss 14 Apr
A sort of Not In My Backyard thing, a cool idea but not for me.
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5 sats \ 0 replies \ @SimpleStacker 14 Apr
Now do "America would be better off if it had less social media influencers" vs "I would be better off if I were a social media influencer"
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5 sats \ 0 replies \ @Aardvark 14 Apr
Factory work is boring, like incredibly boring. I did it for a couple years, both of my parents did it for decades.
A good factory job pays a lot of money, but the job itself sucks ass.
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5 sats \ 1 reply \ @kepford 13 Apr
My gut tells me free trade is not the primary reason these jobs were off shored but rather US regulations and the cost of doing business. Unions for sure and the cheap labor in China and its liberalization in trade. Not saying NAFTA was good. Bunch of statists, globalists, and elitista wrote it but the solution is not tarriffs. Hard money and more freedom would make the US explode in prosperity.
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10 sats \ 0 replies \ @Solomonsatoshi 13 Apr
The US has become fat and indolent.
Mired in debt and a culture of unsustainable consumption.
Dependent upon the endless spigot of USD fiat debt - the curse of reserve currency status.
Mired in woke identity politics and the culture of grievance and entitlement- increasingly devoid of any deep sense of duty...increasing greed, inequality and division.
The collapse might be more dramatic and humbling that that Great Britain faced at its end of empire.
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0 sats \ 9 replies \ @Undisciplined 13 Apr
That's really interesting. Good for thee, but not for me.
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33 sats \ 8 replies \ @Rothbardian_fanatic 14 Apr
Isn’t this the way a lot of political decisions in the economy work? I thought that is why economics was originally called political economy. The politicians will always make the wrong decisions, that is just baked into the cake, as it were. They have no skin in the game, so they make decisions someone with something to gain or lose would never make. Just take a look at Obama’s Nevada solar project that just went belly up!
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20 sats \ 7 replies \ @Undisciplined 14 Apr
Technically, political economy is the branch of economics that deals with economic consequences of policy interventions. There's a whole lot of human action to study aside from political bull shittery.
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33 sats \ 6 replies \ @Rothbardian_fanatic 14 Apr
What is it that was the original name for what we now call economics?
In praxeology there is a lot more than catallactics for study. I think that politics is another study of human action, too. You could even study war as a sub area of praxeology, couldn’t you?
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20 sats \ 5 replies \ @Undisciplined 14 Apr
Modern economics basically covers all of what's covered by praxeology.
The Greek root word was more like estate management or household finance.
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30 sats \ 4 replies \ @Rothbardian_fanatic 14 Apr
Perhaps my memory of these thing is incorrect but isn’t catallactics the Misesian name for economics? Where the broader study of human action is praxeology? It has been a while since I read Human Action and Man, Economy, and State with Power and Market so my memory may be less than accurate.
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0 sats \ 0 replies \ @Dkryptoenth 14 Apr
"Each morning we are born again and What we do today is what matters most." A blissful day to you all, keep staying strong.
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0 sats \ 0 replies \ @StillStackinAfterAllTheseYears 14 Apr
Seeing that one Fox News guy who's spent his entire career never doing a lick of manual labor unironically complain about how people who work behind screens aren't men was definitely something.
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