Capitalists and meme-crazy lunatics

Tomorrow is May Day. International Labor Day commemorates the famous event of the Chicago workers' strike in the United States on May 1, 1886, advocating for the 8-hour workday.

Every time this happens, there will be some prominent figures in Austrian economics advocating for the abolition of labor laws and the realization of a completely free employment system.

Economic theories all have biases. Economists and influencers certainly have biases as well. Being careful to hide those biases doesn't mean they don't exist. Whenever they speak or publish, those biases will be revealed.

The butt of the big V of Turkish-Austrian economics is largely sitting on the side of capitalists or, in other words, business owners. Therefore, it should be regarded as the precise label given by Mr. Lu Xun - "the tired dog of capitalists."

Mr. Lu Xun sharply pointed out: "All running dogs, though perhaps nurtured by a single capitalist, actually belong to all capitalists. Thus, they are docile towards all the wealthy and bark fiercely at all the poor. They do not know who their master is, which is precisely the reason they are docile towards all the wealthy, and this serves as evidence that they belong to all capitalists. Even if no one nurtures them, starving and emaciated, they become wild dogs, yet they still remain docile towards all the wealthy and bark at all the poor; however, at that point, they become even more confused about who their master is."

As for what the big V has demonstrated, the logic that the 5-day, 8-hour work system ultimately leads to trade wars or even hot wars is completely wrong. On the contrary, it is excessive overtime and overproduction that compel capitalists to seek to expand overseas markets, which in turn caused the global colonial wars from the 17th to the 19th centuries.

Human production can be simply divided into three stages:

The first stage is to provide for yourself in terms of food, clothing, and shelter. Just eat enough, and have what you need. Do not compete with anyone.

The second stage is to produce to meet the needs of others. I am skilled at making cakes, and people from neighboring villages love to buy them, even exporting them overseas. As long as someone likes to eat, I will expand production until the market is saturated.

The third stage is to produce for profit (money). I am already a big boss of a multinational company that makes cakes. I don't care if anyone eats the cakes I produce; as long as I can sell them without losing money (making a profit), I will keep producing and even continue to expand production capacity. If you don't buy my cakes, I will rack my brains to create trouble, such as using force to open markets, seeking legislation from Congress, like the "Every Person Must Eat 3 Cakes Per Meal Act," and squeezing out other food producers, sponsoring universities to publish papers promoting the benefits of eating cakes. In short, the goal is to make consumers eat more cakes and eat less or even not eat other foods.

There are three questions that are very clear and anyone can understand:

1. Producing for profit will inevitably lead to a dead end of overproduction due to disregarding demand.

Second, financial credit (lending money to enterprises to expand production) will accelerate the pace at which production moves toward oversupply.

Thirdly, it is precisely the overproduction in the third stage that leads to trade conflicts, wars, and imperialism.

Exactly, the third stage is the "mode of production of capitalism."

In this mode of production, the capitalist is like a madman chasing memes, rushing in to produce frantically wherever there are huge profits.

The final result is that memes are issued in tens of thousands in a single day, leading to oversupply, and the vast majority end up in a situation of complete failure, ultimately heading towards zero.

Having held BTC will give you a deeper understanding: the most valuable things are actually strictly limited, and scarcity brings value.

Desperately expanding production, like the craze of chasing memes, seems to promise instant wealth, but in reality, the value is rapidly diluted due to excessive issuance.

Capitalists produce for profit, no different from lunatics chasing memes.

Interestingly, just like the meme of conflict, both are negative-sum involution. The negative-sum involution of the capitalist mode of production is the overproduction widely recognized in modern economics, where products are produced that cannot be sold, resulting in a net loss.

Have you all noticed what the most critical difference is that determines the leap in production methods from the second stage to the third stage?

Yes, it's "for the people" or "for the money."

Before the second phase, production was still human-centered.

The three-stage process begins, and production becomes capitalism.

This is the famous philosophical proposition: Is a person ultimately an end or a means?

The answer to the capitalist mode of production is unequivocal: people are the means to achieve profit (money).

Thus, money has transformed from a tool that meets human needs into the master of humans.

People have become tools for the proliferation of money, reduced to the status of cattle and horses.

People are cattle and horses, but they are not as good as cattle and horses.

After all, real cattle and horses eat feed and live in sheds without spending their own money, while workers have to spend their own money on food, pay for rent, take out loans to buy houses, and pay for entertainment, fattening themselves up, burning their hearts, and working overtime, all just to create more profit (money) for their bosses.

What capitalists fear the most is workers lying flat. Because once everyone lies flat, there will be no one to help them generate profits.

So the financial freedom of the working class like cattle and horses is a very frightening thing.

If everyone is financially free, who will do the hard work?

Therefore, promoting the idea that everyone can become a capitalist living off profits without working is largely an IQ tax; it's a harvesting machine.

The method to teach you how to get rich is not for you to get rich, but for the people you teach to get rich.

This is the real logic.

The reasonable logic of financial freedom may be that you work for ten years and enjoy freedom for a lifetime.

Perhaps if productivity is higher, one year of labor could lead to a lifetime of freedom?

So how can workers break the deadlock in the current historical stage that cannot be crossed?

Actually, you just need to see a little more clearly.

The world is a circle.

What you have lost to the capitalists, you can take back from the other end.

The reason why the teaching chain tirelessly talks about the logic of capitalists and capitalist production is to remind readers and friends to look at problems at a higher level and dimension.

Since the capitalist is just a crazy meme enthusiast who has calculated everything too cleverly, you, being wise, should understand how to profit from the negative-sum meme army.

Are you involved in the competition?

If you are the king of betting, that's fine. Just be willing to accept the outcome.

Or you are the dealer. Then you are the harvester when you enter.

But what if you are just an ordinary person?

The answer found by the teaching chain is to use the inherent weaknesses of overproduction, excessive issuance, and the madness of capital to steadily hold that which is relatively the most scarce thing:

BTC (Big Cake).

To this end, the teaching chain summarizes it in one sentence: all remaining belongs to the big pie.

Stock up on pancakes and relax during the May Day holiday.