this post was submitted on 13 Feb 2025
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His brain has been absolutely broken by online gibberish. But the fundamental material concerns - that debt instruments commoditize our time and labor in a way we should find abhorrent - are reasonable.
I just get the sense that this guy would be happier living in 1970s Yugoslavia - putting his name on the "next car off the factory line" waiting list and following up in two years to travel 50 miles to the factory to pick it up - than he is in the American consumer credit system.
I don't know about Yugoslavia in particular, but in other communist countries you had to put your name on the list, get approved by the party, wait 12 years (not two), pay the price of the car, and then pick it up at the factory.
Yugoslava, in particular, had a lively and successful automotive industry under Tito. It collapsed when they lost their primary export market in the 90s.
They're all secretly in love with 1970's/80s iron curtain style socialism, they just don't know it yet.