Meanwhile the NYC Police will be opening an emergency phone line exclusive for CEOs who feel threatened or harassed.
That’s definitely going to convince people in general that the Police “works for the community” and that they should “trust the Police”.
But people do stop believing money has value, or more specifically, their trust in the value of money can go down - you all over the History in plenty of places that people’s trust in the value of money can break down.
As somebody pointed out, if one person has all the money and nobody else has money, money has no value, so it’s logical to expect that between were we are now and that imaginary extreme point there will be a balance in the distribution of wealth were most people do lose trust in the value of money and the “wealth” anchored on merelly that value stops being deemed wealth.
(That said, the wealthy generally move their wealth into property - as the saying goes “Buy Land: they ain’t making any more of it” - but even that is backed by people’s belief and society’s enforcement of property laws and the mega-wealthy wouldn’t be so if they had to actually protect themselves their “rights” on all that they own: the limits to wealth, when anchored down to concrete physical things that the “owners” have to defend are far far lower that the current limits on wealth based on nation-backed tokens of value and ownership)
And further on point 2, the limit would determined by all that people can produce as well as, on the minus side, the costs of keeping those people alive and producing.
As it so happens, people will produce more under better conditions, so spending the least amount possible keeping those people alive doesn’t yield maximum profit - there is a sweet spot somewhere in the curve were the people’s productivity minus the costs of keeping them productive is at a peak - i.e. profit is maximum - and that’s not at the point were the people producing things are merelly surviving.
Capitalism really is just a way of the elites trying to get society to that sweet spot of that curve - under Capitalism people are more productive than in overtly autocratic systems (or even further, outright slavery) were less is spent on people, they get less education and they have less freedom to (from the point of view of the elites) waste their time doing what they want rather than produce, and because people in a Capitalist society live a bit better, are a bit less unhappy and have something to lose unlike in the outright autocratic systems, they produce more for the elites and there is less risk of rebelions so it all adds up to more profit for the elites.
As you might have noticed by now, optimizing for the sweet spot of “productivity minus costs with the riff-raff” isn’t the same as optimizing for the greatest good for the greatest number (the basic principle of the Left) since most people by a huge margin are the “riff-raff”, not the elites.
Zionism is as much “Jews” as Nazism was blue-eyed blonde people: they’re both very similar ethno-Fascist extremely-racist ideologies which glue themselves to an ethnic group claiming to represent them even while plenty of members of that ethnic group very overtly say “They do not represent me”.
Never believe Fascists when they claim to represent a nation (in the case of the traditional Fascists) or a race (in the case of the ethno-Fascists). In fact, the more general rules is “Never believe Fascists”.
Studies have shown that something as simple as being tall makes people be more likely to be looked towards as leaders.
Here’s some “” that fell off your post.
I think they were hanging around the word civilized.
Making money from merely owning things that others need and have to pay you to use as they can’t get them otherwise (because you and people like you took them first) - something know in Economics as rent seeking, though it doesn’t apply only to housing - is pure parasitism because that person is producing no value whatsoever, merely extorting money from others because they removed free access to a resource from them.
Whilst I would be wary of saying AirBnB is the main cause (more likely it’s a big one but not the only one), keep in mind that when realestate prices go up in major cities, that pushes out people who go to cheaper places, pushing prices up in those places which in turn might push some out from those places and into even cheaper places.
So housing bubbles centered in main cities do naturally spread out from there to places were the original causes of the bubble are not present.
In my own Portugal, which is a very turistic country and also towards the bottom of the GDP-per-capita scale in the EU, things that would likely work very well would also be:
Portugal currently has a massive house inflation problem (extra massive, because of how low average incomes are here) and a lot of it has to do with residential housing being removed from the housing market and turned into short term turist lets (for example, over 10% of housing in Lisbon has been turned into AirBnB lets) and foreign investors (not just big companies but also individuals, such as well off pensioneers from places like France) pulling prices up by being far less price sensitive than the locals as they’re buying residential housing as investments having far more money available than the average Portuguese.
Having lived in both Britain and Portugal during housing bubbles, what I’ve observed was that the politicians themselves purposefully inflate those bubbles, partly because they themselves are part of the upper middle class or even above (especially in the UK) who can afford to and have Realestate “investments” and hence stand to gain personally (as do their mates) from Realestate prices going up and partly because the way Official GDP (which is supposedly the Real GDP, which has Inflation effects removed) is calculated nowadays means that house price inflation appears as GDP “growth” since the effects of house price increases come in via the “inputted rent” mechanism but the Inflation Indexes used to create that GDP do not include house price inflation, so by sacrificing the lives of many if not most people in the country (especially the young, for example the average age for them to leave their parent’s home in Portugal is now above 34 years old and at this point half of all University graduates leave the country as soon as they graduate) they both enrich themselves and can harp in the news all about how they made the GDP go up.
All this has knock on effects on the rest of the Economy, from the braindrain as highly educated young adults leave and the even faster population aging as people can’t afford to have kids, to shops closing because most people have less money left over after paying rent or mortgage so spend less, plus the commercial realestate market is also in a bubble so shops too suffer from higher rents. However all this is slow to fully manifest itself plus those who bought their houses before when they were cheaper don’t feel directly like the rest, and they generally don’t really mentally link the more visible effects (such as more and more empty storefronts) to realestate inflation, much less do more complex analysis of predictable effects, such as how the braindrain and fall in birthrates will impact their pensions in a decade or two.
Ju$tice.