Asklemmy

44152 readers

1052 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
!lemmy411@lemmy.ca: a community for finding communities

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago

MODERATORS

Fiat doesn't work on a finite planet. Crypto has failed on its goals. What is a better way to be economically secure? (infosec.pub)

submitted 5 months ago by aviation_hydrated@infosec.pub to c/asklemmy@lemmy.ml

107 comments fedilink hide all child comments

Assuming the title to be accurate, what is a good way for the working class (90%+ of all humans) to save and succeed in this current environment?

you are viewing a single comment's thread
view the rest of the comments

[–] GarbageShoot@hexbear.net 0 points 5 months ago

What do you mean fiat doesn't work on a finite planet? Current economic models certainly don't work on a finite planet, but fiat was here before them and will be here after they are long gone.

what is a good way for the working class (90%+ of all humans) to save and succeed in this current environment?

There isn't one. A big chunk of that class can do just fine and you probably already have good normative answers in that respect, but the current economic model is one that demands poverty. Even with all of the ridiculous developments in production we have, the available infrastructure even with the qualms we might have with it, and all the other things going for us that you might want to list, the closest that the current economic model has achieved to escaping its age-old need for having a sizeable portion of the able-bodied population unemployed is by slightly expanding that same portion and then having them sell themselves by the hour and minute in the Gig Economy. If you want that whole 90% of the population to all be able to do well, you need to change the system they are operating within.