What alternative would you propose for providing loans?
My controversial (for Lemmy) take is that loans are good for society. They provide an incentive to not hoard resources, but provide them to those who want to put them into action today for future benefit.
A good loan benefits both parties, ie. An auto loan that allows someone to buy a car to get to a job to earn an income that is above the cost of the loan. Without the loan that person couldn’t get to work and whatever service they were providing to society is lost.
All that said - that doesn’t mean the way loans work today is the best solution, but the same functionality of trading current and future resources needs to exist. You don’t have to call it a loan, and it doesn’t have to be performed by private for profit institutions, but if you want a thriving economy I believe you need this function carried out somehow.
The equivalent function in Communism is (or historically has been) a centrally planned resource allocation which very clearly is a horrible idea because of the incentives towards corruption. If you take a literal interpretation of communism (instead of historical) where “the workers own the means of production” trade unions could fulfill this current to future resource allocation function. I do not know if this would create the same corruption as single central authority, but my gut feels is that it would (based on the US labor union and organized crime affiliation of the past.
In short, the current function for trading current and future resources (ie. loans) is far from ideal, but I have not found an alternate that provides more benefits than deficits. I would love to learn about more alternatives, but just saying ‘loans R bad’ makes it sound like you’re advocating getting rid of them with nothing to handle their underlying function, which is a terrible idea.
Love your optimism, but “making things affordable” is not a valid plan for managing resources. It provides a goal without a solution.
Are you suggesting price fixing? That has a lot of associated outcomes that typically cause worse situations than doing nothing.
You can introduce a guaranteed buyer at fixed price points which alleviate some of the negative consequences, but add others.
These are not simple problems. The reason these problems exist isn’t solely because “rich and powerful people are evil” as nice as that would be. These problems still exist because they’re complicated and ‘one size fits all’ solutions haven’t been found for them.
Again, love the lofty goal you’re setting, but you pretty blatantly don’t mention an alternative system. Easy to point out a problem, much harder to build a real solution.
The funny thing is, capitalism happened organically. It wasn’t a designed system. So dismantling capitalism without a solid replacement will likely just lead right back to capitalism.
There is correlation evidence on Mars too! I don’t think it’s been considered casual at this point, but Atlas Pro has a really cool YouTube video showing a lot of potential examples. The Hawaiian Islands were particularly convincing to me. I’ll try and find the video.
Hello, I did manage to kill my cheap-ish bench supply causing it to randomly output up to like 300% the set voltage when under load which did already kill one board. Probably I didn’t actively kill it but the chinesium did its job 🤷🏻♂️. It was a single output supply, when needed I hooked up additional buck- or...
None of us can tell you if it’s worth it for you. That’s super subjective based on your cash on hand and what you’re trying to do. How often do you use three separate DC voltages? Should you just do a dual output and keep a cheap single output on the side for the rare occasion you need 3? We can’t answer that.
Those two you selected look like great quality products from respected brands.
Could you find similar functionality cheaper? Almost certainly, for probably lower quality.
Can you find better quality between those two pricepoints with the same functionality? I don’t know, but I think this is the question to ask.
Pure speculation - a typical siege strategy was to dig under walls to cause them to collapse. First, the earthen mound would make the tunneling to collapse a much more labor intensive effort. Second, if an enemy was at the base of the wall it could actually be easier to hit them with projectiles at this angle rather than leaning over and aiming straight down.
Again, I have zero evidence to support these points, just spitballing here.
I’ll go first: “You have to have children when you’re young,” told to me when I was in my late 20s, with no desire to ever have kids, and no means to support them, by someone divorced multiple times with at least one adult child who does not speak to them....
Seems to be the case for most mental ailments. It’s hard for some people to grasp that other people experience life completely differently. It took me a long time and some very patient people to finally teach me that.
Strength of character (startrek.website)
Rent is Robbery (lemmy.ml)
Coincidence?! (i.imgur.com)
gatekeeping (mander.xyz)
Hardcore bassist (lemmy.world)
Accurate. (lemmy.ml)
I need a new bench power supply
Hello, I did manage to kill my cheap-ish bench supply causing it to randomly output up to like 300% the set voltage when under load which did already kill one board. Probably I didn’t actively kill it but the chinesium did its job 🤷🏻♂️. It was a single output supply, when needed I hooked up additional buck- or...
The Ark of Bukhara is a spectacular-looking fortress located in Uzbekistan, built 1,500 years ago (lemmy.world)
What is the most unhelpful advice you have received?
I’ll go first: “You have to have children when you’re young,” told to me when I was in my late 20s, with no desire to ever have kids, and no means to support them, by someone divorced multiple times with at least one adult child who does not speak to them....