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Comment on Why the cost of living crisis will not get better

Yes, this is a Marxist analysis

oh no wonder i was so confused, I’m like the economics of this are weirdly based on vibes, poor innocent third world countries exploited by the big bad west🥴

Australia does not manufacture most of the goods we consume

Right, if anything this puts us closer to the global south than other first world nations because the majority of our exports are commodities and resources instead of global north high value manufacturing and services

I am arguing, in the medium term, we will not get as good of a deal as we have been historically

With who? Our biggest partners are China, Japan, South Korea and United States, with the exception of China which still scrapes into global south because of its currency manipulations and deliberately keeps it’s workers poor (there’s that communism 😂) … who feels like they’re getting fucked over by our trade deals? The only one I can think of is Trump who we have a negative trade balance with so we’ve not really been a focus at all.

We have a positive trade balance and mainly trade with the global north (outside of china and india), I think I’m focused on Australia because you posted in Australia, you’re focused on a grand marxist theory that explains everything and losing all the details in the picture and thinking maybe of continental europe ?

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Kayel@aussie.zone ⁨6⁩ ⁨days⁩ ago
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- Eyekaytee@aussie.zone ⁨6⁩ ⁨days⁩ ago
  
  The USSR took a backwards country of starving peasants and turned it into the worlds greatest superpower while defeating the Nazi’s
  
  Worlds greatest superpower? This one?
  
  American “Lend-Lease” support sent to the USSR not only tipped the scales in Eastern Europe but enabled the victory on the Russian Front.
  
  Assisting the Soviet war effort American Lend-Lease eventually transferred over $11 billion dollars of goods to Soviet Russia—roughly the equivalent of $250 billion today. Those shipments included 400,000 vehicles, 14,000 aircraft, 13,000 tanks, 8,000 tractors, 4.5 million tons of food, and 2.7 million tons of petroleum products, as well as millions of blankets, uniforms, and boots, and 107,000 tons of cotton
  
  nationalww2museum.org/…/lend-lease-eastern-front
  
  I assume you’ll be the first in line to thank America :D
  
  You also forgot to mention this en.wikipedia.org/wiki/Soviet_famine_of_1930–1933
  
  Major factors included the forced collectivization of agriculture as a part of the First Five-Year Plan and forced grain procurement from farmers. These factors in conjunction with a massive investment in heavy industry decreased the agricultural workforce.[11] It is estimated that 5.7[9] to 8.7[10][11] million people died from starvation across the Soviet Union.
  
  Oopsie woopsie 😂 bloody hell that’s so bad though, so glad communism died out
  
  I also have no idea why you’d use a failed state as an example of just how great marxism is, I guess it’s slim pickings when economic reality hits economic idealism, also funny how literally all the break away soviet states had popular revolutions away from communism and none of them have any intention of going back
  
  It’s for the return to Australian values, the socialist ones of the post war era. An era which the baby boomers grew up in and then preceded to gut for their profit
  
  Most Australians are doing pretty alright, in the context of the world we have a super high quality of living, we live like kings, unlimited food, entertainment, access to the worlds knowledge, we live a life unrivalled, the biggest protest we had recently was for… Palestine lol? a place a million miles away which has nothing to do with us
  
  The biggest problem is housing which is largely because again, we live like kings, more single people living in 2 and 3 bedroom houses/apartments than ever before, many elderly and simply holed up in massive houses by themselves due to stamp duty making it uneconomical to downsize
  
  You seem to be solving a problem that largely isn’t there
  
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  - Kayel@aussie.zone ⁨6⁩ ⁨days⁩ ago
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    Eyekaytee@aussie.zone ⁨6⁩ ⁨days⁩ ago
    
    not saying we should elect a dictator
    
    You’ve just found the problem with communism ;) when you centralise all resources under one man, it turns out people can be real power hungry dicks
    
    So your argument is we let things get worse, and be thankful of what we have.
    
    I don’t really see things getting worse, with immigration rates going down and labor spending a ton of money on building houses and streamlining approvals I expect over the next 5 years house prices to cool
    
    Cool, chill, you do that buddy.
    
    tbh i can’t ask for much more? I have pretty much everything anyone could want and I’m just a regular joe :S
    
    Is there something I should want? 2 overseas holidays a year?
    
    Australians travelling overseas again in record numbers despite the cost-of-living crisis
    
    www.abc.net.au/news/2024-09-16/…/104337072
    
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