Looking for the idiot bit

So, it’s Salon, it’s about economics, so, where is that idiot bit? The pure distilled nonsense, it’s gottabe there:

Capitalism requires constant consumption in order to sustain prosperity

Prosperity is consumption. You’re real income is your consumption possibility, you are able to consume more you are more prosperous, that’s just what all the words mean.


14 thoughts on “Looking for the idiot bit”

  1. Does this imply that Salon can think of a country that has decided en masse not to buy anything? Where would that be? Cambodia under Pol Pot? Ely?

  2. Wot Jim sez….

    I think you can pretty much insert every political/economic -ism in the place of capitalism and rate the statement as “true”.
    The amount needed may vary, but break the chain….. *poof* ….

  3. Someone needs to re-make the Life of Brian with decent sound quality. The dialogue is borderline inaudible.

  4. @Jim


    Sunday Humour – NSFW
    – Finally Antifa get what they deserve
    imo hilarious

    She committed a federal crime so Fed’s stepped in. And she isn’t looking at 10 years she set alight 4 police cars. Each car is a different crime. 10 years per car = 40 years

    Sunday Cnuts
    – Teacher and Labour councillor Julie Reid is complaining that during the lockdown kids have been taught far right values from their parents
    She basically said that British children have zero agency. Julie Reid should be kept as far away from children as physically legislatable

    They are the child that always wants more, at what point do you say no you have had enough?
    Nigeria, Pakistan have no white MPs – disgraceful racism

  5. ‘The Declaration of Independence laid out some of the most important ideals ever articulated about human rights and political legitimacy. But it conveniently ignored larger questions of equality.’

    Since ‘questions of equality’ are anti human rights, it follows that it would be left out.

    You are right, Tim, the entire article is ‘pure distilled nonsense.’

  6. I continue to be amazed that anyone believes such crap…while wearing ‘designer’ clothes, using a mobile, etc. As though any alternative would deliver what they have when they want it.

  7. Matthew Rozsa is a staff writer for Salon. He holds an MA in History from Rutgers University-Newark and is ABD in his PhD program in History at Lehigh University.

    He spent 8 at least years at university, but does not consider that consumption. What he does with his money is vital and precious. Only other people consume.

    In the real world, a PhD in History is a massively expensive luxury good, unobtainable to most of the world. It serves no purpose that studying at home with books doesn’t also provide, except it is 100 times as expensive.

  8. Off topic Tim, your Seeking Alpha post is taking a caning in the comments. If you want to write for them again, you should get in there and defend it. BTW it would be interesting to know the specific mechanism by which you think the virus could have created a very deep depression, lockdown excluded.

  9. ‘The Declaration of Independence laid out some of the most important ideals ever articulated about human rights and political legitimacy.’

    It did no such thing. It laid out the principles on which government and identity of Americans were based. The relationship between the Government and the People was elaborated in the US Constitution with respect to the protection of their enumerated Rights under Common and natural law.

    ‘But it conveniently ignored larger questions of equality.’

    Comprehensively covered in the preamble: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.“

  10. “In the real world, a PhD in History is a massively expensive luxury good”


    “A good historian knows a lot of facts. A great historian is one who can tell a good story.” – GC

    Rozsa is not a great historian. He brings doubt to his being a good historian.

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