this post was submitted on 11 Dec 2023
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[–] [email protected] -2 points 2 years ago* (last edited 2 years ago) (12 children)

And by the way - what do you think causes the financial risk of home ownership

Accidents, subpar maintenance, market changes, divorce.

[–] [email protected] 4 points 2 years ago* (last edited 2 years ago) (11 children)

Try and think a little more deeply. An accident in itself is not a financial risk. Even flooding isn't inherently a financial risk. Do you know what is?

Also, "market changes" is a part of what I'm pointing at ;)

It's capitalism!

[–] [email protected] -3 points 2 years ago* (last edited 2 years ago) (10 children)

That's cute, but also not how any of this works.

I suggest https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465060730 -- it's 700 pages but I'm sure you can do it if you put some effort in.

[–] [email protected] 4 points 2 years ago (1 children)

Oof, unironically suggesting Sowell? Might as well toss in Prager-U, or DailyWire.

[–] [email protected] -3 points 2 years ago* (last edited 2 years ago) (2 children)

Ok, so which multiple award-winning, widely respected PhD of Economics would you suggest instead? Or you just against things instead of having any positions of your own, like most other deep-end socialists are?

[–] [email protected] 7 points 2 years ago* (last edited 2 years ago) (1 children)

For one, I wouldn't recommend a clown that supports removing the minimum wage, or argues that colonization was a good thing. Recommending a far-right Chicago economist, who is far-right even by Chicago school standards, is laughably absurd.

I have many positions of my own. Decentralization is key, as is democratization, and this extends to production. I think protecting worker power is key, and I think Imperialism and colonization are terrible. As such, I can't agree with recommending Sowell.

All of those are reasons why I'm a leftist and am on Lemmy, rather than a Capitalist site like Reddit.

[–] [email protected] 2 points 2 years ago
[–] [email protected] -3 points 2 years ago

Henry Kissinger won a nobel peace prize lmao

Capitalist awards often mean you are bad at the thing they're commending you for

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