We are now in the age of AI Automated Capitalism with Super Intelligence Operated Robotics, but the automation trend is really 70 years old. Disney started much of the automation with its animatronics at its parks
Large scale capitalism has sophisticated stores and distribution/marketing that are large, complex, and privately owned like the markets you find at a Walmart, Costco, or Target
One feature of Marketism is the presence of many buyers and sellers in close proximity. Another feature is labels and brands tend to be weak in Marketism. Think of the stuff you buy at a swap meet — no real guarantees regarding product quality.
I discovered something called Marketism from reading the Bible. Basically open air markets have existed for millenniums but there was no real capital raising so it isn’t capitalism, which came in 1600/1700s and then in 1800s capital raising got gigantic. Marketism is something you find still today when you go to a swap meet
"The trade deficit that we have with China is only growing..."
@USTradeRep: "That's not true at all. It was $300B coming into President Trump's term; we're now tracking to have only a $140B deficit with China this year. The trade deficit in goods with China is down by 40%!"
Government uses the federal inflation power to fund its programs rather than the federal taxing power. Inflation is worse than taxes because it hurts businesses and productivity and more
Was reading Bible book of Genesis and discovered a new biblical diet: eat beef, corn, & olive oil for a festival period, and then you modify it...Much better than the Daniel diet. #JosephofEygptDiet
Accepting small donations for Economics White Papers:
1. Marketism from the Dawn of Time
2. Government Causes Coconut Price Inflation
3. 20 Examples of Time Impact Inflation venmo.com/u/TravisNTurnerPAD…
I’m all for making fruits and vegetables less expensive or more organically, less chemically processed. There might be better food-chemical transparency law where you could scan QR codes and aggregate your exposure per shopping trip or something like that. Leave food processing companies with discretion as they struggle with government caused inflation
Have you ever had an EU/Mexico made soda. They don’t taste good at all. Why is Congress trying to interfere with American foods. The reason corn syrup is in our food is because it is cheap and it tastes good. Meddler Nancy Mace has a meddle mentality. How about trying to balance the federal budget instead. Thanks again
Our nation needs some long-term thinkers at the reigns. Amazon defied Wall Street focusing on market share rather than quarterly profits for many years becoming the online juggernaut. We need long term thinkers in White House to tackle real problems with obviously needed fiscal restraint
The next US president administration needs to have an exceedingly great understanding of economics, finance, and commerce or else there is going to be an inflationary economic firestorm worse than the 1970s…