#i'm having an economic crisis

[hussyknee]

Link to video

So to recap where we are now: after murdering more UN workers than any conflict in its history has claimed in the same period of time, these terrorist howler monkeys, with the full backing of Western governments, are establishing a justification so that no international aid worker in an active war zone will ever be safe again. Because setting the precedent of bombing hospitals, Red Crescent ambulances, medics, journalists and UN aid workers was nowhere near enough.

Oh and also the Biden-Blinken State Department is picking up where Trump-Pompeo left off and refusing to acknowledge the Geneva Convention.

This while we're teetering on the brink of wars between several nuclear powers most of whom are aligned with each other (Iran-Israel/US, Russia-NATO).

Anyone who isn't terrified right now is an idiot.

[tackyink]

The company I've been working at for ten years is closing at the end of the month, though I'll probably be tying up loose ends through April as operations gradually wind down. Boss offered to transfer the company to me at no cost, but there's been too many months of losses to believe the trend will shift in our favor, so this is it. I've known for years this was coming, but it's hitting hard anyway. I was in my twenties and full of energy and working full time and taking evening lessons twice a week when I got hired, and now I'm mid thirties, ill, and unsure how to look for a new job when even I don't know if my body can sustain an 8 hour shift anymore (experience tells me no). Why must new beginnings be always so daunting?

[almost-correct-quotes]

[lucianinsanity]

Dollar went up again :)

[blueberry-beanie]

Grüße Sie, Herr Doktor Gump! Klaus Neumann hier. Ich befinde mich gerade… hier. Und ich hab' die Unterlagen meines Vaters vor mir aus dem Schließfach. Ich habe eine wunderschöne Geschiche gefunden. Von zwei Wirtschaftsprüfern, die versuchen, einer Meerjungfrau Beine zu machen. Aus zweihunderttausend schönen Gründen. Wissen Sie was? Rufen Sie bei mir an! Ich bin erreichbar bei der Hausbank meines Vaters. Die ganze Nacht. Fragen Sie einfach nach dem Mann im Tresor.

Theorie der feinen Menschen von Claus von Wagner

English translation below:

Greetings to you, Dr. Gump! Klaus Neumann here. I'm currently... here. And I have my father's documents from the safe in front of me. I have found a wonderful story. About two auditors who are trying to give swift feet to a mermaid. For two hundred thousand beautiful reasons. You know what? Give me a call! I'll be on call at my father's house bank. The whole night. Just ask for the man in the bank vault.

Theory of fine people by Claus von Wagner

[suncaptor]

the fact that I basically can't get any financial aid in the country I am originally from that my family had to leave due to economic crisis because I haven't been living there for sustained time BECAUSE of that makes me feel INSANE like let me go home let me have the ability to now why are you blocking me out NOW.

[homo-house]

hey uh so I haven't seen anyone talking about this here yet, but

the amazon river, like the biggest river in the fucking world, in the middle of the amazon fucking rainforest, is currently going through its worst drought since the records began 121 years ago

picture from Folha PE

there's a lot going on but I haven't seen much international buzz around this like there was when the forest was on fire (maybe because it's harder to shift the narrative to blame brazil exclusively as if the rest of the world didn't have fault in this) so I wanted to bring this to tumblr's attention

I don't know too many details as I live in the other side of the country and we are suffering from the exact opposite (at least three cyclones this year, honestly have stopped counting - it's unusual for us to get hit by even one - floods, landslides, we have a death toll, people are losing everything to the water), but like, I as a brazilian have literally never seen pictures of the river like this before. every single city in the amazonas state is in a state of emergency as of november 1st.

pictures by Adriano Liziero (ig: geopanoramas)

we are used to seeing images of rio negro and solimões, the two main amazon river affluents, in all their grandiose and beauty and seeing these pictures is really fucking chilling. some of our news outlets are saying the solimões has turned to a sand desert... can you imagine this watery sight turning into a desert in the span of a year?

while down south we are seeing amounts of rain and hailstorms the likes of which our infrastructure is simply not built to deal with, up north people who have built everything around the river are at a loss of what to do.

the houses there that are built to float are just on the ground, people who depend on fishing for a living have to walk kilometers to find any fish that are still alive at all, the biodiversity there is at risk, and on an economic level it's hard to grasp how people from the northern states are getting by at all - the main means of transport for ANYTHING in that region is via the river water. this will impact the region for months to come. it doesnt make a lot of sense to build a lot of roads bc it's just better to use the waterway system, everything is built around or floats on the river after all. and like, the water level is so incomprehensibly low the boats are just STUCK. people are having a hard time getting from one place to another - keep in mind the widest parts of the river are over 10 km apart!!

this shit is really serious and i am trying not to think about it because we have a different kind of problem to worry about down south but it's really terrifying when I stop to think about it. you already know the climate crisis is real and the effects are beyond preventable now (we're past global warming, get used to calling it "global boiling"). we'll be switching strategies to damage control from now on and like, this is what it's come to.

I don't like to be alarmist but it's hard not to be alarmed. I'm sorry that I can't end this post with very clear intructions on how people overseas can help, there really isn't much to do except hope the water level rises soon, maybe pray if you believe in something. in that regard we just have to keep pressing for change at a global level; local conditions only would not, COULD NOT be causing this - the amazon river is a CONTINENTAL body of water, it spans across multiple countries. so my advice is spread the word, let your representatives know that you're worried and you want change towards sustainability, degrowth and reduced carbon emissions, support your local NGOs, maybe join a cause, I don't know? I recommend reading on ecological and feminist economics though

however, I know you can help the affected riverine families by donating to organizations dedicated to helping the region. keep in mind a single US dollar, pound or euro is worth over 5x more in our currency so anything you donate at all will certainly help those affected.

FAS - Sustainable Amazon Fundation

Idesam - Sustainable Developent and Preservation Institute of Amazonas

Greenpeace Brasil - I know Greenpeace isn't the best but they're one of the few options I can think of that have a bridge to the international world and they are helping directly

There are a lot of other smaller/local NGOs but I'm not sure how you could donate to them from overseas, I'll leave some of them here anyway:

Projeto Gari

Caritás Brasileira

If you know any other organizations please link them, I'll be sure to reblog though my reach isn't a lot

thank you so much for reading this to the end, don't feel obligated to share but please do if you can! even if you just read up to here it means a lot to me that someone out there knows

also as an afterthought, I wanted to expand on why I think this hasn't made big news yet: because unlike the case of the 2020 forest fires, other countries have to hold themselves accountable when looking at this situation. while in 2020 it was easier to pretend the fires were all our fault and people were talking about taking the amazon away from us like they wouldn't do much worse. global superpowers have no more forests to speak of so I guess they've been eyeing what latin america still has. so like this bit of the post is just to say if you're thinking of saying anything of the sort, maybe think of what your own country has done to contribute to this instead of blaming brazil exclusively and saying the amazon should be protected by force or whatever

[teaandspite]

The Great Goodreads Diss List (Part 1)

Context: For many years now, I have been collecting funny lines from Goodreads reviews to share with my coworkers. (I do collection development, reader's advisory, and weeding at a public library, so I read a LOT of reviews)

Are some of these, perhaps, rather mean? Yes, but they are also very funny, and come from a place of honest frustration. In the tradition of Bargepole threads and lists everywhere, names and titles have been censored.

"First, I want to say that I understand how hard it is to write a book and how amazing it is when it is actually published. Congrats to the author for that accomplishment. That said--"

"Warning: This review will be lengthy due to pure hatred."

"I found myself feeling really, really annoyed with the world that this book is allowed to exist. We live in a universe where the passenger pigeon is extinct but this book goes along merrily being read by unsuspecting lovers of words and ideas and stories? It just seems like too much, you know?"

"Don't do it. Don't spring the cash for the hardcover. Instead, eat an entire bag of Twizzlers, spend some money you don't have at a high-end department store, look up on Facebook the shady college boyfriend that made you cry, research the current value of your home or 401K and then read all about how the big hedge fund managers are faring during the economic crisis. You'll feel about the same stomach pain if you waste your time reading this book."

"This wretched novel begins with the mugging of an old lady and it appears I may be in the process of repeating that loathsome crime as [author] was 78 when she wrote it. It is not nice to put the boot into such a poor defenseless old creature lying there with only a damehood, a Booker Prize and a few million quid. It’s a nasty job but somebody has to do it."

"I think this is the way dead people would write, if they could."

"I am considering setting up SPABB: Society for the Protection of Accurate Book Blurb. This blurb appears to have been written by someone from the publishers who met [the author] the night before, got very drunk, lost his notes and then constructed something in a fug of hangover the next morning."

"I congratulate [the author] on the early half of his book, which was thoroughly fun and made me laugh and think. I congratulate [the author] on the second half of his book, for finishing it. It reads like that was difficult."

"…a woman whose taste in contemporary literature has roughly the same batting average as a pitcher in the National League."

"The author is a pompous windbag."

"Recommends it for: No one. Recommended to me by: A friend who apparently wished to cause me great suffering."

"Makes me wonder: is it possible to obtain similes at a volume discount?"

"The repeated phrases made me want to mail a thesaurus to the author."

"I'm disappointed in myself for finishing this book."

"if the author described [character's] eyes as "obsidian" one more time I was tempted to write her and ask if her thesaurus broke."

"They say that an infinite number of monkeys with an infinite number of typewriters would, if given infinite time, eventually produce the complete works of William Shakespeare. [This book], on the other hand, would probably take the average monkey just under two hours."

"I can't imagine what the author had to do to get this nadir of Western literature printed on innocent trees, but he does seem to know a LOT about being well-connected in New York."

"This book is so bad it is almost worth reading just to make you appreciate the other books you are reading."

"Reads like it was written by a brilliant author, the night before it was due."

"raises interesting questions, like: can a book be so bad as to constitute an act of terrorism"

"has this author ever spoken to a human woman"

"This acorn has fallen so far from the tree that it can’t even see the forest."

"I’m guessing they are touted as ‘beach reads’ because no one will care if they get dropped into the ocean."

"This book begins with all the energy of a hand vacuum near the end of its battery life, and the pace doesn't quicken much from there."

"At least everybody’s eyes stayed the same color this time around.”

Part 2

[hadesoftheladies]

was watching a nature documentary with my dad on ostriches and he was like "do you know the male ostriches are more beautiful than the female ones? it's unfair to the ladies!" and I was like "the male ones evolved to be pretty because it is their job to attract and convince a female why he's the best genetically and should mate with her" and he laughed and was like "you're right actually" and then I had a small existential crisis about how in nearly every other species female is default and the nonperformance of female animals is not taken as anything but desirable and how the most pathetic thing about our species is this great, unjustified, unnatural reversal that traps women in a cycle of unequal distribution of labour. like the only reason most of these female animals keep male mates when they do is because they actively improve the space, are exceedingly fit and attractive, or have proven thoroughly efficient for the advancement and safety of the unit. meanwhile, the human female does the protecting, maintenance, hunting, herself, has reduced selection autonomy, is bullied or coerced into accepting an unfit or genetically inferior male (which WILL alter her own genetics and not just her offspring's), and cohabits with a fucking predator who is more of an economic and safety liability than a pro for the unit. some female animals truly out here living in communities to assist and protect them or with males that perform multiple tasks (or die trying) and women are straight up cohabiting with their number one parasite. worse, they're worshipping these parasites. they're constantly placating and performing for them. human society is so absurd. you really can't look at the rest of the animal kingdom and not feel like we are the most debased and mind-fucked of all other female animals on the planet. literally none if this is rational.

TLDR I'm fucking jealous of those ostriches

[greyhands]

Please share !!

Dear followers and mutuals,

I need your help ! ⚠️⚠️⚠️

(sorry for the long post)

The same Astarion artwork continues to be stolen time and time again by unscrupulous shops (I've filed over 20 complaints, just on Etsy alone). One particular independent shop refuses to remove the items using my artwork, ignores my messages, and deletes all my comments warning buyers.

Here's the specific artwork, my original fanart, and the low-quality and insolent modification to turn it into a shoddy sweatshirt and t-shirt design. Which is promoted on TikTok !

This has to stop.

Sharing your work on the internet, or even just sharing your passion, has become a nightmare for artists and creators. We already have enough to deal with in the face of AI threats and platforms like Aliexpress; now we have to manage a surge in theft as well.

This shop is also appropriating other artworks from the BG3 fandom.

Here are the screenshots :

I'm seeking your help in identifying the authors of these artworks so that I can notify them.

I'm also currently in contact with a specialized attorney because I've had enough.

The cup is full, and I want to be able to showcase my drawings without enriching thieves. It's particularly painful during this period of economic crisis, where, like many others, I'm struggling to make ends meet, to feed my two young kids.

Here are all the contact details for this fraudulent shop :

⚠️ Please share this post and report Melody prints social media's accounts ⚠️ Everyone needs to know they are a THIEF ⚠️

melodyprints.com

The website says the shop is located in 217 S Parramore Ave, Orlando, FL 32805, United States

TikTok account of melodyprints is spookymelodyprints

Instagram account of melodyprints is _melodyprints

Also, Ghosttraveler on TikTok has made a callout video to help, here is the link, if you can share it as well : https://www.tiktok.com/@ghosttraveler/video/7291769599530454314

Thank you so much for reading this, and for your help.

[elbiotipo]

So, to get serious for a moment. If you've been following me for a while you're surely aware of how bad Javier Milei's government is for our country and in particular for science and education. This has affected me very personally, as the recent funding cuts mean I'm basically unemployed right now. This is an undesirable situation to say the least, and because of the general crisis we're going through that affects virtually all institutions in the country, my job search is not easy.

This means I might have to move away soon, perhaps to another province or country, if I cannot find a job here, which is a huge expense I must consider and save for. And also, my family is going through legal expenses (nothing bad, but still a money sink) and I am unable to help them right now. Along with many other expenses that get worse every week (not an exaggeration) given our current economic crisis. So right now, I'm looking for any kind of income until hopefully I can get a stable job.

I would really appreciate if you could consider supporting me on Ko-Fi, even a little bit means a lot here on Argentina. And I want you to get something out of it! If there's something my years of study have been useful for, is to learn about how the world works, and if you know my passion for worldbuilding and love the things I write about it, please, do feel free to ask me questions, suggest me things to write about, or DM me to talk about your writing. I often take my time to answer, but if there's anything I have now, it's unfortunately time. So I hope you consider supporting me, and regardless, you can look forward to more worldbuilding, science and history posts. And Argentina shitposting of course.

In a more professional note, I am also a certified and experienced English-Spanish translator. If you're seriously looking for someone with that skill, you can DM me.

So, that's it. Thank you for reading.

[afloweroutofstone]

New job reveal: I'm doing economic and climate policy with the Quakers, both national and international. In this role I'll be writing fewer investigative reports, but more policy explainers.

For example, here's my latest piece on why you (yes, you, dear reader), should care about the debate over agriculture going on right now in congress.

Everyone should have the food and nutrition they need to thrive. But today, people around the world face hunger in their daily lives, including 47 million in the United States alone. As prices at the grocery store have increased and COVID-era benefits have expired over the last two years, the number of people facing food insecurity has only grown. The climate crisis threatens to make this problem even worse. Droughts and floods damage crops, natural disasters like wildfires and hurricanes disrupt harvests, and severe heat threatens the safety of those who grow our food. To ensure that everyone has the ability to feed their families, we must adopt an approach to farming that promotes sustainable agriculture, protects farmworkers and family farmers, and ensures that no one goes hungry. This is what makes the Farm Bill so important. This massive piece of legislation has a wide-reaching impact on our food system. It includes agricultural subsidies, nutrition assistance, climate resiliency programs, and more. While it is traditionally passed every five years, the 2018 Farm Bill was extended to last until September 2024. As Congress debates the newest version of this law, it is vital that they pass a just Farm Bill that provides for everyone’s basic needs and promotes sustainable agriculture to ensure food justice for future generations. Here’s what you need to know. 

Click through for more!

[qqueenofhades]

i do genuinely hesitate to ask, as i am sure i will find out more than i meant to in time, but atm my various feeds and an uninformed google are not telling me what most recently exploded about the british government, so if you have the time and the inclination i'm agog for your summary/take

HOO BOY. It has been a Things Exploding In the British Government day to the extent that in the hour-odd between my previous post and this one, I had to go back and check if anything ELSE had exploded while I wasn't looking. Everything that they are currently denying will probably be confirmed within the next 12 hours or less, though, so nobody get too comfortable.

Anyway, we all remember how Liz Truss succeeded Boris Johnson as Prime Minister, met the Queen, the Queen immediately fucking croaked which honestly was the funniest time she could possibly have done it, the country ground to a total halt for ten days, and then when it got going again, Truss and her chancellor (aka finance minister, for those of you happily ignorant of British politics), Kwasi Kwarteng, proposed a Thatcherite wet-dream economic plan of unfunded massive tax cuts for rich people, because something something Stimulate Growth. We are also generally aware that this crashed the pound through the floor, blew up people's mortgages and other mildly important bills, and did nothing to deal with the actual energy bills/cost of living crisis currently engulfing the UK. Oops.

After absolutely everybody, including the commie socialists at the Bank of England, screamed OH MY GOD WHAT ARE YOU MORONS DOING???, and the day after Kwarteng insisted he would absolutely remain in post and he had 100% confidence in the Plan, he... got sacked for creating this, the Plan that Truss had asked him to deliver and which had won her the Tory party members' election. This made him officially the second-shortest serving chancellor in UK history aside from the guy who literally died in office. Womp womp. That will be a pub quiz answer for you. You're welcome.

Having spent all this time hiding from the press, then giving eight-minute press conferences during which you could literally track the pound crashing in real time, and performing more U-turns than a dancing dashboard hood ornament, Liz Truss took a break from her busy schedule of conducting the Economic Disaster Waltz in the key of B Fucked to appoint Jeremy Hunt as the new chancellor. Jeremy Hunt is mostly notable for being a Tory who can put his pants on without assistance and being a genteel failure at all the previous cabinet posts he's held, which is why he is now regarded as a "safe pair of hands" in a party that has dissolved into a lot of shit-flinging coked-up gibbons who can only scream BREXIT BREXIT BREXIT and IMMIGRATION IS BAD!!! (Side note: they recently had to cancel a festival designed to "celebrate the freedoms of Brexit" due to logistics issues associated with, you guessed it, Brexit. That is not directly relevant to the current clusterfuck, but it is too funny not to include.)

To nobody's surprise, Jeremy Hunt then ripped up the entire economic plan and offered a new one, which was not measurably better than the last one but at least reversed some of the most egregious cuts, and which made everyone ask if Liz Truss had been tied up and duct-taped in the boot of a Range Rover and/or if Hunt had secretly staged a coup with the help of Larry the Downing Street Cat and taken over the government. Probably nobody in the Tory party would mind very much if he had, because they were all busy either planning how to oust Truss or publicly denying that they were indeed planning to oust Truss. One of the popular names for her successor? Boris Johnson! No, I am not making this up. Maybe this has all been a horrible dream and we're going to wake up and find that BoZo is back in charge, after massive public scandal for being a serial liar, which he had been from Day 1, finally made him resign. I repeat, what even the hell is going on here. Nobody knows. Meanwhile, Hunt is warning about even more budget austerity and "eye-watering" cuts to public services that can least afford it, because the last decade didn't result in quite enough preventable deaths for the Tories' tastes, and because they have been forced into this by a car crash completely of their own making.

....anyway. This brings us, more or less, to today. Yesterday, Truss refused to commit to protecting something called the pensions triple lock, which guarantees that old-age pensions (the UK form of social security) will rise in line with inflation, costs, or earnings. A) Inflation in the UK is now at a whopping 10.1%, and B) given as old people are literally the only demographic still willing to vote for the Tories, this miiiiiight seem like an even more unnecessarily stupid and self-sabotaging idea. Sure enough, U-Turn Number Eight Million was duly performed this morning, and Truss insisted she had always intended for the triple lock to be protected. But would Universal Credit and other welfare/benefits programs also be adjusted upward for inflation? HELL NAH! THOSE ARE FOR POOR PEOPLE! GROSS!

This, however, was only the beginning of the unpeeling of the latest idiot banana. Keir Starmer, riding high on the back of recent polls that have given Labour a 36-point lead and predicted that the Tories could be left with as few as 22 seats in Parliament if a general election was called tomorrow (leaving the SNP as the official opposition), appeared at Prime Minister's Questions and got to shoot fish in a barrel. Truss did not dissolve into a pile of goo on the floor and/or have a bucket of water thrown on her and melt into Margaret Thatcher, so that was taken as a win. Well, at least for two hours or so. Then Suella Braverman, the ex-Attorney General who had briefly run for the leadership when BoZo resigned, and who exists along with Priti Patel in order to prove that in the modern Tory party, women of color can heroically be just as much as awful xenophobic monsters as crusty old white dudes, resigned as Home Secretary. Did you even know she was Home Secretary? Neither did she. She took over Patel's job in a bid to apparently make Patel look cute and cuddly by comparison, as she is even more determined to do horrible things to migrants as much as possible. The official reason given for her resignation was that she sent an official document from her personal email account, and this had something to do with immigration and/or the Office of Budget Responsibility forecast that the Tories have, in the valiant spirit of freedom, resisted actually publishing for any of their current economic plans. CONSERVATIVES ARE GOOD FOR THE ECONOMY!! yell people on both sides of the Atlantic. Oh-kay.

Anyway, Braverman used her resignation letter to blast Truss for pretending that everything was fine and dandy, which means the BUT HER EEEEEEMAILS was absolutely just an excuse and even she wanted off this sinking ship as fast as possible. Grant Shapps is now the Home Secretary. It's not important. The point is, if more ministers start resigning, the government will probably implode just as it did when they deserted BoZo en masse. What the hell happens then? Fuck if anyone knows. Since they will, as noted, get absolutely cosmically annihilated if they call a General Election, the Tories will resist doing that with all their might (the next one isn't due until 2024, which is about 1004329 years away at the current rate that time is passing here). Truss was already elected by a tiny minority of the country (about 160,000 Tory party members). STICK RISHI SUNAK IN THERE AND CHANGE THE RULES AGAIN?? HECK, SOUNDS LIKE A PLAN! KEEP THOSE MUSICAL CHAIRS COMING, CHAPS!

(Also: we will recall the Daily Star's Lettuce Cam, where a picture of Liz Truss has been placed next to a head of lettuce to see if she is kicked out of office before it rots away. It now has a special companion, Tofu. This is because Braverman, just yesterday, gave a speech attacking the latest round of climate protesters as being spurred on by Labour, the Lib Dems, and the "Guardian-reading, tofu-eating wokerati," which she doubtless thought was a very clever line at the time. Because British Twitter is British Twitter, the Tofu: 1, Braverman: 0 jokes have been rife.)

And since we are still not done: tonight, Labour forced a vote on a fracking ban which was being treated as a de facto confidence vote in the government. Aka if the Tories voted for it, they would be considered to be defying the government. Because Britain is a cartoon country run by clowns, the method of Parliamentary voting literally involves walking through Door A for Aye and Door B for Nay. The "whips," or the people whose job it is to assure that party members vote according to the government's position, have thus been known to physically stuff recalcitrant MPs through these doors, because Hail Britannia, or something. So we soon had reports that the anti-fracking vote was, dare I say it, a total clusterfrack, and the Tory whips were literally throwing crying Tory MPs through the Nay door so they would Vote To Support The Government. This sounds like a beginning to a Monty Python sketch, but it is just another ordinary evening in British politics in 2022! (Did Truss herself vote? Or BoZo, Patel, or any of the other Tory big beasts? Nope. Evidently she was "too distracted" with all the other crises going on, which probably means she just didn't want to show her face or she might get killed. Hard to blame her.)

So: the fracking ban was defeated, Labour MPs were like "oh my god the sheer clownery," even Tory MPs were spitting mad, we soon had more rumors that both the Tory chief whip and the deputy chief whip had resigned (currently in the Official Denial stage, so yeah, that will be confirmed before tomorrow morning), and I haven't even mentioned the part where one of Liz Truss's press aides admitted that they used to lie about various relatives of hers having just died so Truss didn't have to do interviews (actual quote: "just aunts and cousins, not any major relatives!"). We all wondered if that wasn't actually a lie but the minor members of the Truss family had voluntarily decided to die rather than have anyone know that they were related to her. Either that or she just sent MI6 after them. It's entirely possible.

[writers-potion]

I'm writing a sci-fi story about a space freight hauler with a heavy focus on the economy. Any tips for writing a complex fictional economy and all of it's intricacies and inner-workings?

Constructing a Fictional Economy

The economy is all about: How is the limited financial/natural/human resources distributed between various parties?

So, the most important question you should be able to answer are:

Who are the "have"s and "have-not"s?

What's "expensive" and what's "commonplace"?

What are the rules(laws, taxes, trade) of this game?

Building Blocks of the Economic System

Type of economic system. Even if your fictional economy is made up, it will need to be based on the existing systems: capitalism, socialism, mixed economies, feudalism, barter, etc.

Currency and monetary systems: the currency can be in various forms like gols, silver, digital, fiat, other commodity, etc. Estalish a central bank (or equivalent) responsible for monetary policy

Exchange rates

Inflation

Domestic and International trade: Trade policies and treaties. Transportation, communication infrastructure

Labour and employment: labor force trends, employment opportunities, workers rights. Consider the role of education, training and skill development in the labour market

The government's role: Fiscal policy(tax rate?), market regulation, social welfare, pension plans, etc.

Impact of Technology: Examine the role of tech in productivity, automation and job displacement. How does the digital economy and e-commerce shape the world?

Economic history: what are some historical events (like The Great Depresion and the 2008 Housing Crisis) that left lasting impacts on the psychologial workings of your economy?

For a comprehensive economic system, you'll need to consider ideally all of the above. However, depending on the characteristics of your country, you will need to concentrate on some more than others. i.e. a country heavily dependent on exports will care a lot more about the exchange rate and how to keep it stable.

For Fantasy Economies:

Social status: The haves and have-nots in fantasy world will be much more clear-cut, often with little room for movement up and down the socioeconoic ladder.

Scaricity. What is a resource that is hard to come by?

Geographical Characteristics: The setting will play a huge role in deciding what your country has and doesn't. Mountains and seas will determine time and cost of trade. Climatic conditions will determine shelf life of food items.

Impact of Magic: Magic can determine the cost of obtaining certain commodities. How does teleportation magic impact trade?

For Sci-Fi Economies Related to Space Exploration

Thankfully, space exploitation is slowly becoming a reality, we can now identify the factors we'll need to consider:

Economics of space waste: How large is the space waste problem? Is it recycled or resold? Any regulations about disposing of space wste?

New Energy: Is there any new clean energy? Is energy scarce?

Investors: Who/which country are the giants of space travel?

Ownership: Who "owns" space? How do you draw the borders between territories in space?

New class of workers: How are people working in space treated? Skilled or unskilled?

Relationship between space and Earth: Are resources mined in space and brought back to Earth, or is there a plan to live in space permanently?

What are some new professional niches?

What's the military implication of space exploitation? What new weapons, networks and spying techniques?

Also, consider:

Impact of space travel on food security, gender equality, racial equality

Impact of space travel on education.

Impact of space travel on the entertainment industry. Perhaps shooting monters in space isn't just a virtual thing anymore?

What are some indsutries that decline due to space travel?

I suggest reading up the Economic Impact Report from NASA, and futuristic reports from business consultants like McKinsey.

If space exploitation is a relatiely new technology that not everyone has access to, the workings of the economy will be skewed to benefit large investors and tech giants. As more regulations appear and prices go down, it will be further be integrated into the various industries, eventually becoming a new style of living.

[mostlysignssomeportents]

Yanis Varoufakis’s “Technofeudalism: What Killed Capitalism?”

Monday (October 2), I'll be in Boise to host an event with VE Schwab. On October 7–8, I'm in Milan to keynote Wired Nextfest.

Socialists have been hotly anticipating the end of capitalism since at least 1848, when Marx and Engels published The Communist Manifesto - but the Manifesto also reminds us that capitalism is only too happy to reinvent itself during its crises, coming back in new forms, over and over again:

https://www.nytimes.com/2022/10/31/books/review/a-spectre-haunting-china-mieville.html

Now, in Technofeudalism: What Killed Capitalism, Yanis Varoufakis - the "libertarian Marxist" former finance minister of Greece - makes an excellent case that capitalism died a decade ago, turning into a new form of feudalism: technofeudalism:

https://www.penguin.co.uk/books/451795/technofeudalism-by-varoufakis-yanis/9781847927279

To understand where Varoufakis is coming from, you need to go beyond the colloquial meanings of "capitalism" and "feudalism." Capitalism isn't just "a system where we buy and sell things." It's a system where capital rules the roost: the richest, most powerful people are those who coerce workers into using their capital (factories, tools, vehicles, etc) to create income in the form of profits.

By contrast, a feudal society is one organized around people who own things, charging others to use them to produce goods and services. In a feudal society, the most important form of income isn't profit, it's rent. To quote Varoufakis: "rent flows from privileged access to things in fixed supply" (land, fossil fuels, etc). Profit comes from "entrepreneurial people who have invested in things that wouldn't have otherwise existed."

This distinction is subtle, but important: "Profit is vulnerable to market competition, rent is not." If you have a coffee shop, then every other coffee shop that opens on your block is a competitive threat that could erode your margins. But if you own the building the coffee shop owner rents, then every other coffee shop that opens on the block raises the property values and the amount of rent you can charge.

The capitalist revolution - extolled and condemned in the Manifesto - was led by people who valorized profits as the heroic returns for making something new in this world, and who condemned rents as a parasitic drain on the true producers whose entrepreneurial spirits would enrich us all. The "free markets" extolled by Adam Smith weren't free from regulation - they were free from rents:

https://locusmag.com/2021/03/cory-doctorow-free-markets/

But rents, Varoufakis writes, "survived only parasitically on, and in the shadows of, profit." That is, rentiers (people whose wealth comes from rents) were a small rump of the economy, slightly suspect and on the periphery of any consideration of how to organize our society. But all that changed in 2008, when the world's central banks addressed the Great Financial Crisis by bailing out not just the banks, but the bankers, funneling trillions to the people whose reckless behavior brought the world to the brink of economic ruin.

Suddenly, these wealthy people, and their banks, experienced enormous wealth-gains without profits. Their businesses lost billions in profits (the cost of offering the business's products and services vastly exceeded the money people spent on those products and services). But the business still had billions more at the end of the year than they'd had at the start: billions in public money, funneled to them by central banks.

This kicked off the "everything rally" in which every kind of asset - real estate, art, stocks, bonds, even monkey JPEGs - ballooned in value. That's exactly what you'd expect from an economy where rents dominate over profits. Feudal rentiers don't need to invest to keep making money - remember, their wealth comes from owning things that other people invest in to make money.

Rents are not vulnerable to competition, so rentiers don't need to plow their rents into new technology to keep the money coming in. The capitalist that leases the oil field needs to invest in new pumps and refining to stay competitive with other oil companies. But the rentier of the oil field doesn't have to do anything: either the capitalist tenant will invest in more capital and make the field more valuable, or they will lose out to another capitalist who'll replace them. Either way, the rentier gets more rent.

So when capitalists get richer, they spend some of that money on new capital, but when rentiers get richer, them spend money on more assets they can rent to capitalists. The "everything rally" made all kinds of capital more valuable, and companies that were transitioning to a feudal footing turned around and handed that money to their investors in stock buybacks and dividends, rather than spending the money on R&D, or new plants, or new technology.

The tech companies, though, were the exception. They invested in "cloud capital" - the servers, lines, and services that everyone else would have to pay rent on in order to practice capitalism.

Think of Amazon: Varoufakis likens shopping on Amazon to visiting a bustling city center filled with shops run by independent capitalists. However, all of those capitalists are subservient to a feudal lord: Jeff Bezos, who takes 51 cents out of every dollar they bring in, and furthermore gets to decide which products they can sell and how those products must be displayed:

https://pluralistic.net/2022/11/28/enshittification/#relentless-payola

The postcapitalist, technofeudal world isn't a world without capitalism, then. It's a world where capitalists are subservient to feudalists ("cloudalists" in Varoufakis's thesis), as are the rest of us the cloud peons, from the social media users and performers who fill the technofuedalists' siloes with "content" to the regular users whose media diet is dictated by the cloudalists' recommendation systems:

https://pluralistic.net/2023/01/21/potemkin-ai/#hey-guys

A defining feature of cloudalism is the ability of the rentier lord to destroy any capitalist vassal's business with the click of a mouse. If Google kicks your business out of the search index, or if Facebook blocks your publication, or if Twitter shadowbans mentions of your product, or if Apple pulls your app from the store, you're toast.

Capitalists "still have the power to command labor from the majority who are reliant on wages," but they are still mere vassals to the cloudalists. Even the most energetic capitalist can't escape paying rent, thanks in large part to "IP," which I claim is best understood as "laws that let a company reach beyond its walls to dictate the conduct of competitors, critics and customers":

https://locusmag.com/2020/09/cory-doctorow-ip/

Varoufakis points to ways that the cloudalists can cement their gains: for example, "green" energy doesn't rely on land-leases (like fossil fuels), but it does rely on networked grids and data-protocols that can be loaded up with IP, either or both of which can be turned into chokepoints for feudal rent-extraction. To make things worse, Varoufakis argues that cloudalists won't be able to muster the degree of coordination and patience needed to actually resolve the climate emergency - they'll not only extract rent from every source of renewables, but they'll also silo them in ways that make them incapable of doing the things we need them to do.

Energy is just one of the technofeudal implications that Varoufakis explores in this book: there are also lengthy and fascinating sections on geopolitics, monetary policy, and the New Cold War. Technofeudalism - and the struggle to produce a dominant fiefdom - is a very useful lens for understanding US/Chinese tech wars.

Though Varoufakis is laying out a technical and even esoteric argument here, he takes great pains to make it accessible. The book is structured as a long open letter to his father, a chemical engineer and leftist who was a political prisoner during the fascist takeover of Greece. The framing device works very well, especially if you've read Talking To My Daughter About the Economy, Varoufakis's 2018 radical economics primer in the form of a letter to his young daughter:

https://us.macmillan.com/books/9780374538491/talkingtomydaughterabouttheeconomy

At the very end of the book, Varoufakis calls for "a cloud rebellion to overthrow technofeudalism." This section is very short - and short on details. That's not a knock against the book: there are plenty of very good books that consist primarily or entirely of analysis of the problems with a system, without having to lay out a detailed program for solving those problems.

But for what it's worth, I think there is a way to plan and execute a "cloud rebellion" - a way to use laws, technology, reverse-engineering and human rights frameworks to shatter the platforms and seize the means of computation. I lay out that program in The Internet Con: How the Seize the Means of Computation, a book I published with Verso Books a couple weeks ago:

https://www.versobooks.com/products/3035-the-internet-con

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/09/28/cloudalists/#cloud-capital

[hazeltongzhi]

So what exactly is fascism? Western media only define it under "authoritarianism", "dictatorship", "anti-individualism" and "far-right", and none of those are material things about it. I understand the supremacist racist part of it, but isn't that more of an economic "necessity" or "result" than the core of it?

I guess what I'm asking is what defines fascism against liberalism in a broader ideological and economic sense.

Fascism is, to put it aimply, capitalism's defense response to crisis. It is the bourgeoisie, sensing deep existential threat it its profits and class, consolidating state power in order to shore up exploitation. The bourgeoisie drops their support for institutions of liberal democracy entirely in order to back the people most likely to be able to protect and expand their profits. Thus historical fascists have been extremely keen on privatization and state repressions, especially of organized proletarians and proletarian parties. Fascists are, historically, heavily involved with international firms and strong national companies in order to facilitate the appropriation of formerly state assets and organized labor into private property and subdued labor. To do this, the focus on privatization (the economic base) constructs and is reinforced by a racial/ethnic/national/etc. focus which reinforced the economic base of fascism.

Because both fascism and liberal democracy have the capitalist mode of production as its economic basis, the seeds of one is deeply entwined in the other. The reason why we say "liberals have a mask on" is that the rules, rituals, and institutions of liberal democracy is just a stage on which meaningless parliamentarism plays out. When such acts are no longer able to keep the proletariat exploited, they're dropped in favor of harsh reaction. This is entirely a matter of the bourgeoisie doing everything within their power as a class to protect them and their class interests.

To summarize, both fascism and liberalism have the same economic base: the capitalist mode of production. Both have the bourgeoisie as the leading class and controller of the state. But liberalism defends exploitation and the capitalist mode of prpduction through enlightenment philosophy, concessions, and various institutions. Meanwhile, fascism is the same defense but through the strong arm of state power.