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by mark_l_watson
1749 days ago
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I am more or less with her on this, and not just because I like her writing (and her audio book narration of her treatment of “Lao-Tzu: Tao Te Ching” is beyond wonderful). Where I differ a bit is that zero growth is not the solution, but rather slow and sustainable growth. What we have now is awful. In the US, you have close to zero percent loans from the Fed to outfits like Blackwater who can buy residential property and rent it for a few percent pure profit. Young people I know who want to buy a home don’t get close to zero percent loans from the Fed. With both political parties fully supporting the elites it seems like all is lost, but I don’t think this is so: massive peaceful demonstrations are the only way to make progress. When peaceful Occupie Wall Street protestors were brutalized at scale, I think the whole world noticed, and this kind of peaceful mass protest is probably what the world elites fear the most. EDIT: I just noticed that she was not calling for zero growth, rather for equitable sharing. |
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Unless the mercenaries are back and diversifying into real estate, I think you might mean Blackstone?