Criticisms of capitalism

Most criticism of capitalism focuses on environmentalism and wealth inequality. I thought I would share others. 1. It’s inherently contradictory. It’s predicated on the belief or assumption that competition is good and weeds out bad products and unscrupulous players, yet the most successful capitalists (or individuals who are held up as exemplars of capitalism) are… Continue reading Criticisms of capitalism

The barriers to work may be too high, so men are dropping out

I saw these two articles going viral, but I think they are related or causal: You’re Not Imagining It—Job Hunting Is Getting Worse Men are dropping out of the labor force because they’re upset about their social status, according to a new study The “men dropping out” epidemic is possibly related to society becoming too… Continue reading The barriers to work may be too high, so men are dropping out

The trinity: enshitification, tip inflation, and shrinkflation

Since around 2020, and getting worse with each passing year, has seen the so-called trinity of enshitification, tip-flation, and shrinkflation, that working in unison has gradually and insidiously eroded our purchasing power, our sanity, and the quality and quantity of goods we consume. It’s bad enough having 7% annual ‘official’ CPI inflation, but including other,… Continue reading The trinity: enshitification, tip inflation, and shrinkflation

High vs. low cost of living calculations (why things are not as bad as they seem)

High vs. low cost of living calculations fail to take into account the overlooked benefits of ‘high cost of living’ areas: 1. For a person living alone modestly, $200k even in the Bay Area is more than enough to put away a decent chunk of money for retirement. Just run the numbers, as I have… Continue reading High vs. low cost of living calculations (why things are not as bad as they seem)