/biz/ - Business & Finance

[Anonymous No.18584633]

i told you bro i fucking warned you

[Anonymous No.18584658]

yeah he predicted a plague in a globalized capitalist system
fucking retard

[Anonymous No.18584832]

>>18584658
pic related
corona has only accelerated the inevitable

[Anonymous No.18584910]

>>18584832
the inevitable being communist bugs creating a bioweapon and trying to destroy the world and our socialist governments shutting down the economy to save some pants shitting boomers?

[Anonymous No.18584979]

>>18584832
Then how come the newest industries: tech and digital, have the highest profit margins ever seen? Is it possible innovation could continually renew profits?

[Anonymous No.18585016]

>>18584910
the inevitable being the declining rate of profit which at some point will be unsustainable for the capitalist system

>socialist governments shutting down the economy
where in the fucking world is there an actual socialist economy

[Anonymous No.18585037]

>>18584979
Because the fed pumps them up to keep the stock market scam going.

[Anonymous No.18585126]

>>18584910
no retard, the inevitable being that the rate of profits per the kilman rate of profit will be unsustainable for the capitalist system

[Anonymous No.18585168]

>>18584979
in what universe is the "tech" sector new? like what do you actually define as tech because i'd assume that all technological advances up until present would fit within that category, thereby proving the tendency of profit rate to fall

[Anonymous No.18585176]

what you say again?

[Anonymous No.18585254]

>>18585016
China

[Anonymous No.18585414]

>>18585254
>""socialist"" economy with billionaires

yeah i totally remember when marx said billionaires would be a natural byproduct of socialism

[Anonymous No.18585720]

>>18584633
>>18584832
>>18585016
>>18585126
>>18585168
>>18585414
kill yourself retard

[Anonymous No.18586023]

>>18584633
Get in line bucko. Austrians have predicted every crisis since 1929. They also predicted that your system is worthless.

[Anonymous No.18586024]

>>18585254
China was a degenerated workers state that gradually transitioned into being dominated by the bourgeoisie
Mao had this theory called "the block of 4 classes", that sought to make state power a collaboration between the national bourgeoisie, the proletariat, peasants, and the intelligentsia.
the Chinese bourgeoisie became the senior partner in the relationship very quickly, and eventually usurped state power entirely. Now you have billionaires sitting in the National Congress, and operating the communist party.

China obviously still remains nominally communist, presumably to pacify the working class.

[Anonymous No.18586096]

>>18586023
austrian anti-marxism is so cringe
Subjective value theory is the biggest cope ever. Imagine believing that market prices of commodities are not somehow proportional to some aspect of the production process.

[Anonymous No.18586200]

>>18586096
>Subjective value theory is the biggest cope ever
I see you are an economic flat earther.

[Anonymous No.18586468]

>>18586096
What is labor value of free software? And any program that distributed for free?
There's entire industry, that doesn't fit in.

[Anonymous No.18586607]

>>18586468
it's a theory of the value of commodities (freely reproducible physical goods), not rembrant paintings, open source software, english castles, etc
those are outside the scope of the theory.

>>18586200
you cannot explain the point at which supply and demand intersect by appealing to the magnitude of demand. That would be circular reasoning. For this reason subjective value theory is at best, a non explanation.

[Anonymous No.18586675]

>>18586096
Who's the one coping?

[Anonymous No.18587041]

>>18586675
it is a theory of prices that are set by markets, not how much someone will pay in a Robinson Crusoe economy
i cringe that you downloaded such a smug brainlet image, which betrays such a total misunderstanding