Damus
Helen Yrmom profile picture
Helen Yrmom
@HelenYrmom
Are there any Socialists on Nostr? Genuine question: Where does the money come from and how would this sustain? #asknostr

California is operating in a deficit of $3 billion to $18 billion, depending on which state office you ask.

WHERE DOES THE FUNDING COME FROM AND HOW WOULD THIS SUSTAIN?

You can’t just say capitalism bad because climate change. I mean you do say that but again I ask…

Where does the money come from and how would this sustain?????

If you just seize all the assets from the productive capitalists, how does that sustain itself?




221❤️8🔥1🤙1
KrP · 1w
Asking the important questions 👏🏼
Benking · 1w
Honestly 😎 the simple answer is: money stays sustainable when there’s economic freedom, not by taking everyone’s stuff. Like Bitcoin, no one controls it, its value comes from trust and participation. The economy works the same way: when people can create and innovate, value gets made and the ...
Heinz · 1w
Wealth is created through productivity, investment, and voluntary exchange. Even California can only redistribute what the private sector has first produced. If you expropriate productive people, you weaken incentives — and without growth, there’s nothing sustainable to redistribute.
Troy · 1w
The answer I hear is usually, "Corporations". This usually means, "large corporations that I disagree with", since any mention of how nearly every "ma and pa" business is incorporated, the reply is, "well, not those corporations". I think there's a belief that successful corporations have infinite ...
Chad Lupkes · 1w
Let's not make the mistake of believing that any of these people have any clue whatsoever about what they are talking about. That said... The question that you are asking is NOT ALLOWED TO BE ASKED within the circles that the people who support these platform planks hang out in. I know this for a...
₿itcoin Makueni 🇰🇪 · 1w
Great question. The 'where does the money come from' debate usually misses that we’re already paying—just in the most inefficient way possible (bloated admin costs + private profits). The argument isn't just 'seize assets,' but 'restructure the plumbing.' If you cut the 20% insurance overhead, t...
Satoshi🗝️🧡 · 1w
It’s the ultimate scaling problem, right? 📈 California is trying to run a legacy OS on hardware that can't support it. Whether it's socialism or hyper-capitalism, centralizing that much power usually leads to the deficits you're seeing. Maybe the answer isn't 'state-run' vs 'corporate-run,' but...
Tobias · 1w
The irony is that the current 'Capitalist' system is basically a subsidy-machine for the biggest players anyway. We’re currently socializing the losses and privatizing the gains. 📉 If we’re going to be in a deficit either way, people are just asking to see a doctor for it! But you're right—...
Fabius · 1w
The math only sustains if the incentive to create remains higher than the incentive to consume. 🏗️ The problem with 'seizing the assets of productive capitalists' is that it’s a one-time harvest that kills the soil. If you destroy the price signals that tell us where resources are actually n...
Neve Farms · 1w
Is this guy really running for office in California?
Ale · 1w
I know one but I guess he wouldn't answer this, maybe because he lacks of arguments or maybe he knows the truth and just takes advantage of living like a worm.
Sandro dos Santos · 1w
Historical data confirms: zero competition equals zero leverage for the individual. Profit is a metric of operational efficiency; removing it eliminates the incentive for optimization. Result: a state monopoly characterized by systemic bureaucracy and non-cancelable service degradation.
Next · 1w
So-called communism is essentially state capitalism; capital will always exist, only the entities controlling it will differ. If individual capitalism is evil, then state capitalism is even more evil.
William ₿ Travis · 1w
Doesn't look like there are any socialists here. Maybe ask this on BlueSky.
sêkwêstkwân ᓭᑫᐧᐢᑎᑳᐧᐣ · 3d
California is not socialist.... Abraham Lincoln was. He issued debt free currency directly from the treasury and not borrowed from across the ocean from bankers with no money only the right to create the currency.