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Rafał S

@hraun.bsky.social

128 followers 228 following 71 posts

Software Developer Board games, TTRPG, SF Heterodox economics nerd

Posts Replies Media

Reposted by Rafał S

David Graeber Institute @davidgraeberinst.bsky.social · 10/12/2024

The sad truth of Neo-Liberalism Capitalism is that if you are in a job that provides huge value to peoples' lives (like being a nurse) you are often going to be very badly paid.

"In fact, not only does the market assessment of the value of different
forms of work not correspond to popular conceptions of what they actually
contribute to society, but there actually seems to be an inverse relation: with
few exceptions, the principle seems to be, the more one’s work is seen as
socially useful, the more it is recognized as helping others, the less one is
likely to be paid for it.

I should emphasize that this is not simply an effect of supply and demand,
even though the initial instinct of economists, or those who believe our
society really is governed by a market logic, would be to say that it must be.
.
For instance, at the moment the United States has for some years been
experiencing an acute shortage of trained nurses, and a glut of law
school graduates. Yet the relative salaries of nurses and corporate lawyers
remains unchanged. Clearly the real reasons for the price of labor,
as with the price of most things actually, have little to do with market
forces, and much to do with various forms of institutional power."
.
- David Graeber

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Reposted by Rafał S

Darth Putin @darthputinkgb.bsky.social · 06/12/2024

If the interventionists own what happened to Iraq, the non interventionists own what happens to Syria.

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Rafał S @hraun.bsky.social · 06/12/2024

"If it's too slow, you might just as well not do it all." This pertains, among others, to administering justice, digital transformations, infrastructure construction, and fighting wars.

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Reposted by Rafał S

Travis Hipp @travishipp.bsky.social · 30/11/2024

#MMT

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Rafał S @hraun.bsky.social · 05/12/2024

At this stage of his intellectual journey I wouldn't rule out the possibility that Elon Musk becomes a flat earther and space denier.

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Reposted by Rafał S

Julia Davis @juliadavisnews.bsky.social · 03/12/2024

Meanwhile in Russia: state TV host Vladimir Solovyov and head of RT Margarita Simonyan rejoiced over Trump's picks. They were especially thrilled about Kash Patel and Pete Hegseth, predicting, "They will quickly dismantle America, brick by brick." youtu.be/kYGSEFxPaLg

youtu.be

Russian state TV rejoices over Kash Patel and Pete Hegseth nominations

YouTube video by Russian Media Monitor

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Reposted by Rafał S

Warren Mosler @wbmosler.bsky.social · 01/12/2024

Ironically, a nation supports the US dollar by running a trade surplus/buying US dollars as foreign exchange reserves.

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Brent Toderian @brenttoderian.bsky.social · 30/11/2024

Every year, billions of vehicles worldwide shed an estimated 6 million tonnes of tire fragments. These tiny flakes of plastic, generated by normal driving, account for 28% of microplastics entering the environment globally. Heavy vehicles eg SUVs/EVs especially. theconversation.com/car-tyres-sh...

theconversation.com

Car tyres shed a quarter of all microplastics in the environment – urgent action is needed

Tiny flakes of plastic, generated by the wear and tear of normal driving, eventually accumulate in the soil, in rivers and lakes, and even in our food.

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Reposted by Rafał S

Arpit Gupta @arpitrage.bsky.social · 29/11/2024

Behavioral economics: people cannot add or subtract Macroeconomics: *maybe* people cannot deal with the fact that the entire cross sectional distribution is a state variable

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