• jadero@lemmy.ca
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    7 months ago

    I have no idea, but I’d like the powers that be to recognize that there are two economies and to prioritize the lived economy.

    I first became aware of the difference when “the economy” was starting to boom in the 1980s even as we were busy returning to breadlines under the name of food banks.

    I’m not sure we even need the finance economy. A pure stock market is one thing, but by the time you get to rents over profit on actual production, the financialization of housing, derivatives of derivatives and all the other distancing from actual production, it’s just shell games with no benefit to society.