Hey it's ya girl ~~Onevest~~ Twovests coming at y'all Wiser Sager Folks with Potentially Ignorant or Embarrassing Questions that I Am Uncomfortable Asking In Other Spaces.

My vague understanding of the Economy is that while cash flows, so do goods like Medicines and Staple foods and also Taxes and Wages, and while it Doesn't, this stagnates.

A Scary Thing that I understand to be happening is that the complex industrial relationships are starting to slow down and halt, meaning it'll become more difficult to make important goods. Capitalism machine broke under this stress and we really should have had a Communism machine or something like that, y'know? I assume we can't have facemasks or medicines or whatnot if there aren't workers and factories and distribution lines to get them out?

What's scary is that from my uneducated dunce seat, we might be put in a position to end stay-at-home orders early to keep the Capitalism machine pumping out goods, for fear that we might lose more lives from the economic downturn. (I'd attach an appropriate SBAHJ comic, but it appears the site is now dead.)

Anyways, my sparing 20-something year old intellect fails to have any other useful thoughts on the matter, and trying to use the internet to find answers just gives me investing advice and conservatives ranting in cars, and most of my friends know even less about the economy than I do. I'm now open and excited for your more intelligent thought answers, to which I will probably reply something along the lines of "I have nothing to add, but thank you for detailing this, this really informed me"

Comments

twovests OP wrote on May 25, 2020 at 2:12 AM

Also "Onevest" has nothing to do with investments or money, it was just a play on my old username, I swear I'm not an investing firm infiltrating y'alls postmill haha i swear

emma wrote on May 25, 2020 at 7:49 AM

twovest

twovests OP wrote on May 25, 2020 at 10:30 AM

thank you

hollyhoppet wrote on May 26, 2020 at 12:15 AM (edited on May 26, 2020 at 12:21 AM)

i tried to come up with a response to this but all i've managed is yeah it fucking sucks and if only there was somewhere where a vast amount of wealth was concentrated to help continue to stimulate the economy and incentivize people to work jobs now considered dangerous through hazard pay

musou wrote on May 27, 2020 at 4:09 PM

it absolutely sucks and is incredibly scary. unfortunately i think it's also the case that the only way to decouple everyone's ability to put breakfast on the table from the mechanisms of capital flows is to go through some crisis like this in which the failings of tying the two together are made abundantly clear. which, i think they are now. we just have to demonstrate this to enough people to change it. and unfortunately the consumerist mindset and culture here in the US at least renders this dependency invisible to most people, or if they do see it, they feel like it's a "natural" phenomenon rather than something invented by people that we could decide to change.