Is this going to be our generations 1970s
- Thread starter 2004typer
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On a similar sort of theme, this programme from the BBC archive was an interesting look back at Hartlepool in the 60s with people struggling for work. I dare say the people then knew hardship a lot more than the average person on the dole today, they were struggling to feed themselves and keep the house warm. Nowadays if your single mum on the dole with however many kids doesn't have her subscription to Sky TV, and can't afford her latest tattoo she's moaning.
https://www.bbc.co.uk/iplayer/episode/p053r2q1/waiting-for-work
https://www.bbc.co.uk/iplayer/episode/p053r2q1/waiting-for-work
I was born at the end of the 70s, and in the 80s around here power cuts were a regular thing.
Though back then the only thing you'd lose was the tv and the lights. Heating was mostly on gas or coal fire, and we didn't have any of the electrical gadgets we have these days.
These days if we get a power cut life stops.
Though back then the only thing you'd lose was the tv and the lights. Heating was mostly on gas or coal fire, and we didn't have any of the electrical gadgets we have these days.
These days if we get a power cut life stops.
Soldato
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True capitalism offers equal opportunity. Unfortunately we don't have true capitalism, because unlimited money printing can be done by central banks, i.e. we don't have hard (to produce) money. Unlimited money printing by central banks causes inflation (increase in money supply), which then causes the rise in prices, and rampant asset inflation (house prices). It also causes inequality, because only those in or close to the central bankers gain from "free" money. If you had hard money, like a gold backed currency (which we had pre-1971) or the new hard money offering of Bitcoin, then you would have true capitalism and a more prosperous and equal society. Bitcoin will be a major force for good in society if widely adopted.
Soldato
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We don't have capitalism today, because we don't have hard (to produce) money. Unlimited money can be printed from thin air by central banks and pumped into the system, and this is the cause of most of society's ills. As this money printing is possible, what we have is more like communism (central control of credit). If we had true capitalism, i.e. money is hard to produce, so a gold backed currency or Bitcoin, society would be much more equal, because there is no privileged (in terms of money supply) banker class. Inflation is caused by an increase in money supply (e.g. unlimited money printing), which then results in increasing prices (it's supply and demand).
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So no one is doing anything for profit then? O_o
Capitalism without lending would break very quickly. As with capitalism money is funnelled to the rich which would leave the poorest penniless. Then eventually the less poor, and then eventually the next rung up and so on. You have to inject money to stop capitalism from collapsing.
Lol
Soldato
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This is true if you have a debt-based FIAT currency system. If your currency was a hard money currency like gold or Bitcoin (or backed by hard money), then the currency, and therefore the system cannot collapse.
Lending should be done by those that have saved (hard to produce) money, not those that have created money out of thin air. This would be true capitalism. This avoids malinvestment and zombie companies as we have now.
I'm sorry that I don't have time to go into great detail, but in summary what I'm saying is that a hard money system (hard to produce money that cannot just be printed out of thin air, or at the stroke of a keyboard, i.e. money that means something) would solve most of the problems. The problems started when countries came off the gold standard. Research the history of money if you are interested.
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I want to hear more of this story.
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Be careful what you wish for, some of it would make your hair stand on end, some of it would make you green with envy, some of it you’d read and say, “Serves the bar steward right!”, but you can take this to the bank, mostly you’d think, ‘There’s no justice, how can one guy be so lucky?’
Strong men are responsible for most of the worst moments in human history (including this one). It is good men that are responsible for the best of human history your tired trope is exactly that tired.
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Short blog then?
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Apart from the Winter of Discontent and knowing people who had to check under their cars every morning thanks to the IRA, I really liked being a kid in the 1970s. Being a teen in the 1980s was ****ing epic.
I suspect the reason why that famous quote does not include "good men" is because good men is very difficult to define, all too often in history a good man actually has done some very non-good things and also all too often in history one persons good man is another persons bad man. So the writer behind that famous quote most likely decided to avoid muddying the waters with that term
That's the point, these boomers looking back with rose tinted glasses of the 70's, it was so great because they were adolescents/young adults
Everyone's best decade was when they were young adults before the responsibilities of being a grown up kick in
That's the point, these boomers looking back with rose tinted glasses of the 70's, it was so great because they were adolescents/young adults
Everyone's best decade was when they were young adults before the responsibilities of being a grown up kick in
No. The summers were better in the mid/late 80s/90s. You had more longer lasting summers than todays short hot bursts. There was also a lot less air pollution from aircraft back then.