bhaugen
bhaugen boosted

Extreme #poverty is a condition of severe #humanitarian #crisis. It is not a natural condition, & should not exist. It occurs because, in our current #economic system, most of our production is# organized around what is most profitable to #capital, rather than what is most necessary for people.

#Politics#Democrats#Republicans#Liberals#Conservatives#Vote#Election#DemocraticParty#RepublicanParty#DonaldTrump#Trump#JoeBiden#Biden#KamalaHarris#TimWalz#Democracy#USA#Fascism#Fascist

Extreme #poverty is a condition of severe #humanitarian #crisis. It is not a natural condition, & should not exist. It occurs because, in our current #economic system, most of our production is# organized around what is most profitable to #capital, rather than what is most necessary for people.

#Politics#Democrats#Republicans#Liberals#Conservatives#Vote#Election#DemocraticParty#RepublicanParty#DonaldTrump#Trump#JoeBiden#Biden#KamalaHarris#TimWalz#Democracy#USA#Fascism#Fascist

Tom
Tom boosted
https://www.noahpinion.blog/p/will-data-centers-crash-the-economy

There seem to be two main ways the #genai #spending will play out -
1. if it fails - we get a major economic crash (on top of #economic #crises triggered by #climatechange #war #debt etc.)
2. if it succeeds - we get a major loss of #jobs

Both invariably lead to #social #instability which takes decades to unwind (if at all)

No one is trying to get ahead of either outcome.

#democracy #justice #development #humanrights

https://www.noahpinion.blog/p/will-data-centers-crash-the-economy

There seem to be two main ways the #genai #spending will play out -
1. if it fails - we get a major economic crash (on top of #economic #crises triggered by #climatechange #war #debt etc.)
2. if it succeeds - we get a major loss of #jobs

Both invariably lead to #social #instability which takes decades to unwind (if at all)

No one is trying to get ahead of either outcome.

#democracy #justice #development #humanrights