• 0 Posts
  • 178 Comments
Joined 1 year ago
cake
Cake day: July 16th, 2023

help-circle
  • We don’t know.

    The US came back from a US president hiring private goons to spy on his political opponents.

    The US came back from a US president illegally selling weapons to Iran to fund right wing militias in South America.

    The US came back from a US cabinet member taking literal bribes from oil companies to give them oil drilling rights on federal land.

    The US came back from a US president illegally firing a cabinet member and installing his own lackey.

    But it didn’t HAVE to.

    I don’t think there’s really such a thing as a ‘point of no return’ for a Democracy. But it is possible to get to a point after which you don’t return.









  • OldWoodFrame@lemm.eetoMemes@lemmy.mlDating apps be like
    link
    fedilink
    arrow-up
    6
    arrow-down
    14
    ·
    2 months ago

    The metric you are using is not the metric the actual real world uses for center left. You are bringing your internet lefty definitions and declaring that I’m wrong to say only internet lefties would use them. Major parties in the middle of the political spectrum are not typically pushing for the overthrow of Capitalism.


  • OldWoodFrame@lemm.eetoMemes@lemmy.mlDating apps be like
    link
    fedilink
    arrow-up
    8
    arrow-down
    12
    ·
    edit-2
    2 months ago

    Being left of center is not solely defined by being Marxist, and one country, even if it actually was Marxist and not 3 Capitalisms in a trenchcoat, would not define the standard of what constitutes “left” in the world.

    I’m not saying Marxism isn’t Left. I’m saying it’s not literally the only thing that IS Left.



  • OldWoodFrame@lemm.eetoMemes@lemmy.mlDating apps be like
    link
    fedilink
    arrow-up
    6
    arrow-down
    28
    ·
    2 months ago

    They want to use the power of government to reduce the harms of capitalism, via minimum wages, social safety nets, child tax credit, subsidizing more environmentally friendly energy production and electric cars.

    No they are not as far left as you and the people you talk to online, I didn’t say that. You are allowed to want different policies. You’re just incorrect to call them right wing.









  • It was always short sighted tax policy. We’re just living with the blowback.

    But in 1954, apparently intending to stimulate capital investment in manufacturing in order to counter a mild recession, Congress replaced the straight-line approach with “accelerated depreciation,” which enabled owners to take huge deductions in the early years of a project’s life. This, Hanchett says, “transformed real-estate development into a lucrative ‘tax shelter.’ An investor making a profit from rental of a new building usually avoided all taxes on that income, since the ‘loss’ from depreciation canceled it out. And when the depreciation exceeded profits from the building itself—as it virtually always did in early years—the investor could use the excess ‘loss’ to cut other income taxes.” With realestate values going up during the 1950s and ’60s, savvy investors “could build a structure, claim ‘losses’ for several years while enjoying tax-free income, then sell the project for more than they had originally invested.”

    Since the “accelerated depreciation” rule did not apply to renovation of existing buildings, investors “now looked away from established downtowns, where vacant land was scarce and new construction difficult,” Hanchett says. "Instead, they rushed to put their money into projects at the suburban fringe—especially into shopping centers.

    http://archive.wilsonquarterly.com/in-essence/why-america-got-malled