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   :archlinux: (lewdthewides@hidamari.apartments)'s status on Sunday, 14-Apr-2024 03:20:21 JST :archlinux:
   Was thinking in the shower about how the next depression will play out. I think it's previous obvious that traditional market indicators don't mean shit anymore, and the way out this depression probably won't be accomplished through traditional means, either.
   
   I was pondering more about the social aspects. When you consider that the last major downturn occurred 16 years ago (I'm not counting covid because that only happened for a couple weeks), it has been a long period of constant social discohesion. Liberal idpol and pigs unable to stop killing minorities has created a climate we haven't see since the civil rights era. Couple that with half the population barely having any savings, and it would be a situation that politicians fear. What's going to happen when the majority feels that an HR department didn't give them a job because of their race? What's going to happen when the majority feels that the reason why the jobs they would seek in desperate times, aren't available because of illegal immigrants?
   
   I'm predicting 99+ weeks of unemployment payments at 100% of their previous salary. Might also see an early implementation of universal basic income. Politicians will be paying the public not to riot, and no one will care how much this will add to the country's debt
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     :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans: (allison@hidamari.apartments)'s status on Sunday, 14-Apr-2024 03:22:05 JST :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans:

     in reply to
     @lewdthewides I think it's going to be the georgists finest hour
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     LisPi (lispi314@udongein.xyz)'s status on Sunday, 14-Apr-2024 03:41:37 JST LisPi

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     @allison @lewdthewides
     
     > I'm predicting 99+ weeks of unemployment payments at 100% of their previous salary. Might also see an early implementation of universal basic income. Politicians will be paying the public not to riot, and no one will care how much this will add to the country's debt
     
     Amusingly, UBI would be more sustainable and actually have "positive" results inasmuch as the continuation of the system is concerned (no so much in the "abolish capitalism" positive aspects).
     
     > I think it's going to be the georgists finest hour
     
     That might be interesting.
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     :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans: (allison@hidamari.apartments)'s status on Sunday, 14-Apr-2024 03:45:53 JST :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans:

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     • LisPi
     @lispi314 @lewdthewides the most important thing with any prospective ubi is making sure the difference isn't just eaten away by rents, and rent control isn't an effective mechanism for this (quite the opposite really)
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     :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans: (allison@hidamari.apartments)'s status on Sunday, 14-Apr-2024 03:49:29 JST :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans:

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     • LisPi
     @lispi314 @lewdthewides rent control ultimately doesn't work because it depresses supply, those tenants who are already locked in relatively get a sweet deal while everyone else is left to haggle over scraps, it's the same basic pathology behind treating housing as an investment
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     LisPi (lispi314@udongein.xyz)'s status on Sunday, 14-Apr-2024 03:49:30 JST LisPi

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     @allison @lewdthewides Rent control does work to a point, though some mechanisms for it tend to work better than others. Vienna has done a pretty good job of it.
     
     But yes, vaguely sensible land tax would also immediately kill the car-centric development model.
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     :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans: (allison@hidamari.apartments)'s status on Sunday, 14-Apr-2024 04:00:53 JST :blobancap: :blobcattrans: :blobancap: :blobcattrans: :blobancap: :blobcattrans:

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     • LisPi
     @lispi314 @lewdthewides If the government is your landlord, you can get away with a lot of things that you couldn't otherwise. Just look at Singapore to see the most extreme example of this in action.
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     LisPi (lispi314@udongein.xyz)'s status on Sunday, 14-Apr-2024 04:00:54 JST LisPi

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     @allison @lewdthewides Ah, so that's what Vienna did right then.
     
     They also ensured adequate supply through public housing.