I expect though that the future will see private currencies backed by the-entities-formerly-known-as-corporations.

Snow Crash becomes truer by the year.

Yes.

Anyone can create their own money. Consider Bitcoin. The hard part is getting people to use it.

Corporations can print corporate shares, though the more shares they print, the less each share is worth. You can’t buy a pack of gum with corporate shares, though, so I wouldn’t call it money or currency.

Private banks can print money, but not an an unlimited amount. They can only print as much as the government allows, and it can only be created as the principal of a loan, and the money is destroyed as the borrower pays down the principal.

Corporations are construct of law. They can’t exist without a government to enforce corporate law through its monopoly on violence.

If you have a family of eight, you’re officially “low income” in San Francisco.
https://www.hcd.ca.gov/sites/default/files/docs/grants-and-funding/income-limits-2025.pdf

Corporations can only exist if a state creates & enforces corporate law.

This is oddly specific and oddly vague at the same time. Also “middle class” is ill-defined and means different things to different people.

Did you create a new account just to say nothing?

How to smuggle all three volumes of Das Kapital into prison with just thirty dollars, a condom, and some lube.

The Kuomintang and certain aspects of S. Korea after WWII share a very similar backstory, did they do socialism? You would probably deny this.

Fuck no they didn’t do socialism. They did fascism[1][2]. How is this detour even relevant?

Literally Prussia

literally wtf r u talking about m8

If you don’t know anything then don’t say anything.

Trade is not tens of thousands of years old. That is ahistorical.

Trading goes back to prehistory, as as archeologists will tell you.

Dialectics (and more specifically dialectical materialism), as opposed to metaphysics.

Great, I however grew up in post-communist country and seen with my own eyes the fallout of it’s existence.

But you didn’t see the fallout of the USSR’s existence. You saw the fallout of its ceasing to exist.

The infrastructure is in shambles because the USSR fell and neoliberalism replaced it.

Why is all of Lemmy politics?

Do you know why the Lemmy platform and the lemmy.ml instance were created in the first place?

• https://en.prolewiki.org/wiki/Lemmy
• What is lemmy.ml?

Lemmy is very shallow and politically motivated it seems.

Politics is orthogonal to depth. The existence of shallow politics in no way suggests the absence of deep politics.

A lot of new wave was pretty cerebral. Revenge of the Nerds didn’t come from nowhere.

I love DEVO’s almost unrecognizable, fever dream of a cover. https://www.youtube.com/watch?v=jadvt7CbH1o

Most famous actors these days come from nepotism, from family wealth or family in the industry or both.