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The radical left
(thelemmy.club)
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this post was submitted on 14 Mar 2026
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The tricky part comes when resources are limited. Should the old native receive treatment to live five more years or the young immigrant who can gain a full life?
Resources are only limited due to resource hoarding. The scarcity is artificial to ensure a working population.
The best doctors, donor organs, fast treatment, there will always be scarcity.
Students are saddled with enormous debt if they want to learn how to practice medicine. UBI-based society would solve that, if education and the fundamentals are free.
People who have the ability and interest in medicine, are stuck flipping burgers because they wouldn't survive without money. That is fucked up, and hugely wasteful of potential talent in every sector of America.
Capitalism is inherently inefficient.
It is, but there can't be limitless supply with any form of government.
We seem to have enough resources to afford the Epstein Class, and lashing out at other countries at the behest of an addled manchild. If we eliminated wage theft, capped individual wealth, and properly taxed companies, there would be more than enough wealth to support everyday people.
The rich arent driving around to all the stores and buying up all the lawn mowers, they arent buying all the food at your local diner, what kind of hoarding are they doing?
They generally just hold stocks as far as I'm aware, which are then used as collateral and lower borrowing rates, leading to more production and someone else consuming that wealth.
They hoard the money, brother
The rich have the most debt, they benefit from the cantillon effect more than they hoard cash. Elon Musk borrows all the money he spends.
Which is government caused, and they are responding to incentives.
They borrow after they've hoarded the money
They horde nominal stock value, none of it is ever made liquid otherwise it would be taxed. They also arent buying fixed income since they have enough collateral to weather any storm.