• 6 Posts
  • 287 Comments
Joined 7 months ago
cake
Cake day: April 19th, 2026

help-circle





  • Australia is facing and acknowledging a housing crisis. It’s been in the making for decades with a gamut of literature warning about reaching the point we’re at now. There’s systemic issues in regards to capital in Australia of which housing is just one facet, though extremely prominent and dire. You’re not even engaging with the topic.

    I mean damn, I’m blown away with your statement. Let’s buy land that the market has deemed worthless to speculate on (though still inflated), where there’s no jobs (not many people) at a time where fossil fuels are at a record high. Sure, buddy. You’ve solved this national crisis. The working class just need to buy a house in a remote place where there’s no jobs and commute to the place where there are jobs, which happen to be very far from the places with cheap land… whilst paying for petrol that’s sold at record highs, whilst wages continue their downward trend. Genius. Pure genius.

    (The working class are increasingly being denied the ability to finance purchases as employers increasingly change the employment environment towards casualisation. Taking out a loan to finance the purchase of house is impossible when you’re categorised as a “casual”, even though the hours and reality are full-time.)

    Australia is a joke–its dominant industry is selling deeds. I’ve traveled through rural Australia. Rural town after town, billboard after billboard advertising real-estate agents. A small rural town might have five real-estate agents, one bakery, one petrol-station and one Woolworths. Ah–can’t forget the pub where boomers deposit all their money into pokies! That’s okay though, they’ll use the equity in the land that’s been evaluated to be worth millions. Shame they had to kill the aborigines to take the land for the crown, then stole it from the crown too. Middle-class Australia! It’s in living memory that the federal government outlawed payment in provisions to the aborigines. JFC.

    In Australia it’s so dire that people can not sell their current house to relocate seeking better job opportunities. A senior member in our organisation was supposed to relocate states, but hasen’t. The position is being retrofitted to be ‘remote’. The paper-valuation is higher than the market can bear. Selling would create a net loss so they don’t sell. They won’t move. Elderly people are refusing to down size because they can’t sell at the price that exists on paper. It’s absurd.


  • Your original post is grossly negligent which compelled me to respond and I choose to believe you’re ignorant not malicious. Your subsequent reply leads me to believe you’re angry and seeking out quarrels.

    Personal experiences are anecdotal. People are absurdly ignorant of their own existence. It’s inseparable from the human condition. I don’t know how I’m alive; I can’t describe in detail all the biological processes that occur in my body. People are also ignorant of the things that influence them and that’s again part of being human which is why broadcasting your personal anecdote as a universal truth is foolish. You’re ridiculing doctors and scientists out of a hate.

    People are different and respond differently to the same drug. That shouldn’t raise anyone’s skepticism as our variety is on display at any gathering of people. It would be a grave mistake to assume the differences stop at the visible external organs. Disease is natural and everywhere too and as a statement it should not raise any skepticism. It follows logically then that as some are born visibly deformed at birth others’ deformities only become apparent as the individual matures or are entirely invisible to the observer and are only deduced by diseased-behaviour.

    Depression is complex in both origin and in classification. A patient does not necessarily know what they’re suffering from or that they’re even diseased–again it’s part of being human and we are naturally blind in regards to our internal mechanisms.

    Disregarding the fact that your personal experience is anecdotal nothing you’ve written refutes the body of scientific literature on depression! You might have been prescribed a drug that your body could not use in which case it will do as much for you as a chalk-capsule would.

    There are blood tests you can pay for that will give you an indication as to which drugs are likely to have the intended therapeutic response and which will not. These aren’t definitive though. They’re not subsidised by Medicare either so some doctors will simply not mention them and you will get a random antidepressant that might do absolutely nothing for you.

    That’s the other thing about depression: there’s no good treatment for it. The drugs are lousy. The disease could be a result of a myriad of different things. An individual with undiagnosed ADHD but is requesting aid for major depression? Treat the ADHD and the depression goes away.

    Things aren’t as simple as you angrily and ignorantly claim them to be. A change in diet and an increase in exercise will do as much good as an antidepressant for some people. That’s a truth that sits alongside the fact that diet, exercise and antidepressants all have no positive effect on mood for some individuals. An antidepressant could also be a lifesaver for another. Life’s complicated.


  • Can you explain what you mean? The bulk of the cost of ‘housing’ is land, which has been exploited speculatively.

    Asset classes in Australia have been inflated enormously due to national monetary policy (dictated by the Americans [ie why other American vassals have the same problems]) and asinine domestic-policy to create a class of “little capitalists”. The national government’s current plan is to increase labour’s share of GDP so that the ballooned valuation in assets re-aligns with wages. The house still costs a million dollars, but your salary has increased. The nominal costs are still large, but the real costs have decreased.

    (Everyone agrees that housing costs need to come down. The point of this path is to hide the reality: the housing bubble needs to fucking pop, but if voters’ paper-wealth decreases they won’t vote for you. If the speculative valuations continue to increase alongside wages that increase faster then–politically–everyone’s content. This is not possible in reality, but that’s the show that’s being sold. [JFC Japan never ‘recovered’ from their housing bubble.])

    Labour’s share has been trending down for decades. Without any large scale changes from the federal government I don’t see how it will suddenly change course. There’s no plans from the government other than “AI” will somehow reverse the trend or domestic manufacturing will come back. A lot of rhetoric but nothing of substance.

    Of course the cost of building will match existing valuations (the land has to be purchased at market [ie inflated extraordinarily] prices). Who the fuck would buy a million dollar shit heap when it costs $350,000.00 to build? Builders ‘benefit’ from legacy valuations on land as long as the market can bear it. The greater benefit falls to the land owner though if their land has appreciated dramatically in value for no fucking reason, which it has.

    So if the increased costs of a new build is not the labour, but the speculative value of the land… that’s just more proof that the market’s being manipulated. Material costs haven’t been a major factor. The major factor is land valuations–which aren’t real and are prone to manipulation.

    Again, try to understand why Airbnb had a global effect on increasing housing costs. Suddenly local-markets became global-markets. That’s a huge fucking mistake.



  • From what I read it’s across the board. Every western democratic state: unaffordable housing. It’s too eerie. It’s like these nations move lockstep into the exact same issues. Yet for one class it’s not an issue at all. If you own property you’re wealthier than ever before. Don’t own though? You’ll never own.

    I think it’s market manipulation from software companies. I’m too lazy to write about it now, but where a market seemingly looks ‘free’ (different ‘markets’ in different nations with many vendors) they’re all using the same software. Computer says nudge the price up a bit here and there… eventually every house is worth a million plus, regardless of what western nation you visit. Cory’s written about software’s impact on labour markets. Same ideas. Go read him if you want.

    A good example is perhaps airbnb: pushed housing costs up globally and it very quickly became problematic.

    I think history will not be kind to today’s governments. Software companies run amok and just fuck up everything for everyone but a very small number of people.

    Meanwhile in China…







  • Something that robots might not be able to do is to create value, from which profits are then taken from. An employee is tasked with doing X and over the course of doing X for three decades they’ve found an efficient way of doing it, which has maybe enabled them to do X + Y or X2. This is something that automation can not do (yet). The work of a robot is a constant and often very slow (when the environment is not fixed). Value creation has terminated and value is suspended until it’s touched by another human-worker who will either add or negate value. Just a random thought.

    A fully automated-factory hasen’t just annihilated the labour bill to $0.00. It’s also destroyed any capacity for value creation and therefore surplus profits or maybe any profits. If ten entities can all assemble autonomous factories how will they compete? On price? How? Everything is fixed. Inputs go in and inputs go out. People designing ever more efficient machines? There comes a point where scale surpasses that of an entrepreneur or any business man. This is where socialism should step in…

    AI ‘creations’ are inherently value-less. What will a market do when everyone can tell an AI to write a photoshop clone. Who is then buying photoshop clones? No one. Who would buy AI music when anyone can prompt their own computer for a song? These markets will collapse. What about bridge designs?



  • I seriously question the idea that death is inherently traumatic. History is littered with public-executions, ceremonial killings and death for entertainment. People are eager to pay for and play GTA 6: a murder- and crime-simulator. People love violence. People are unfazed by death when the victims belong to an out-group–those that are deemed not to be people.

    “Oh that’s just an actor. The character died, not the actor.”

    “They’re not real; it’s a video-game.”

    “They’re jews.”

    “He was a pedophile.”

    “She’s a nazi.”

    “He’s a murderer; it’s comeuppance.”



  • The cat has long been out of the bag. Only the cat is invisible (data) and the bag’s a computer. This invisible collection, sale and synthesis of data has become a central component of modern economies now. People playing Pokemon Go didn’t know (and the authors of the game-software probably didn’t know either) that they were collecting data for the use of training autonomous-suicide-drones. This is the economy now. This is surveillance-capitalism.

    You can’t lobby for regulation, removedation or prohibition. Capital has invested large sums and that investment is paying dividends. Capital is flowing into this sector and something capitalists refrain from writing is that labour is subjugated entirely by capital. Capitalism is a dictatorship. That means scientists, engineers, technologists, marketers and others now find their jobs being: how can we make ever more sophisticated computers, networks and ways to surveil. This surveillance is done to generate data. Then capital is allocated in the pursuit of synthesizing this data into saleable products. One of its results is the ‘AI’ that you can use from ChatGPT or whatever it’s called. A less known result is the AI being sold to nation-states that target and kill autonomously.

    There’s no going back. You and your child live under the dictatorship of capital. You live under capitalism. You are a commodity to be brought and sold by capitalists.

    Aside from overwhelming collective-action this can not be stopped. The organization that brought these things are largely ignorant and non-caring. The most you’ll get from them is usually a parroting of “we value your privacy and it’s protected under some law” (which doesn’t protect anything). They don’t care. To care would be to prohibit all new procurements–this is what the market is now selling; this is what’s cheapest. It does something beneficial for them so they brought it. The fact it came with a computer that surveils the children is besides the point. The data is invisible and the computer is small and hidden. Out of sight out of mind. The cat’s invisible. It never purrs or meows. It only demands two things: electricity and a connection. But that’s normal. Everything requires those.