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#Budget #UKPolitics This article by Gary Stevenson is so good, please read every word of it.

“Whatever Jeremy Hunt says, traders know the rich will get richer and the poor will get poorer. And they’re paid millions to bet on it.”

This is what the world is - it is run by a minute elite for a minute elite and the rest of us, the masses, the natural world, we just don’t count. It is a #TragedyOftheNonCommons (will reshare my own piece on this below 1/n)

#FollowTheMoney

https://www.theguardian.com/commentisfree/2024/mar/05/banker-budget-mega-rich-traders-jeremy-hunt?CMP=Share_iOSApp_Other
Screenshot of the top of this article
#ukpolitics #budget #FollowTheMoney #tragedyofthenoncommons
Dieser Beitrag wurde bearbeitet. (9 Monate her)
Pauline von Hellermann
#TragedyOftheNonCommons 2/n

https://mastodon.green/@pvonhellermannn/109308498065515745

Pauline von Hellermann (@pvonhellermannn@mastodon.green)

Attached: 1 image I've just published my first ever blog: "The Tragedy of the Non-Commons" I wrote it in July, frustrated by a Twitter thread about how the Tragedy of the #Commons continues to be taught at universities.
Mastodon.green
#tragedyofthenoncommons
Dieser Beitrag wurde bearbeitet. (9 Monate her)
Pauline von Hellermann
3/n Have decided to turn this into a #FollowTheMoney 🧵, collecting pieces on how money flows in our system- more and more towards those already rich. As Kelsey McKenney, in this piece on #Hollywod, writes:

“The reality is that the people with the most money have devised, at every turn, new and more bulletproof ways for them to make and keep more money, and for the people who make things to make less. This is the eternal story of labor and management.”

https://defector.com/the-money-is-in-all-the-wrong-places

The Money Is In All The Wrong Places | Defector

You can always tell who in Hollywood has family money by their Instagrams. People like Dakota Johnson, who have a Hollywood lineage deeper than the Mariana Trench, post only rarely.
defector.com

JimmyB (he/him) hat dies geteilt

JimmyB (he/him)
This is all true. The concentration of money into the hands of the very few is a flood right now.

The only way I know of stopping it is if individuals vote with their wallets. Stop using Amazon. Stop buying from any firm which is Private Equity owned. Get involved. Get educated.

Won't happen - but that would be effective.
Pauline von Hellermann
i agree. But it is so hard, especjally now that private equity owns most rental property, amenities, everything. It’s completely unavoidable for many. Like students: their loans, their accommodation: all private equity. This is in fact what I want to write about next in this thread.
JimmyB (he/him)
Yup - I see it. The PE impact is utterly devastating, Government no longer is in control in any meaningful sense: the money'd run the show with a ruthless brutality. Gary Stevenson has done an excellent job of exposing some of this stuff.

And yet folks just voted #Labour, desparately hoping that this would change something - and it will change nothing as we are now seeing.
#labour
David Palk#RejoinEU 💖🇪🇺
Indeed it would. Never forget 'the personal is the political' (attrib. Simone de Beauvoir).
GeofCox
Why do you think it won't happen?

There is certainly evidence that people are already voting with their wallets. I've posted before about the remarkable growth in secondhand shops here in France - driven not by lack of money (many are very trendy and expensive retro-design shops) but by shoppers taking environment-conscious decisions to stop buying new stuff. Last Xmas my family and friends decided together to buy secondhand or home-made gifts - which I would urge everyone to do this year - really, it's much more fun.

Moreover, 2 statistics on this stand out: adjusted for inflation and population, retail sales have been falling overall in most developed countries since the pandemic, and secondhand sales have been increasing - https://www.ft.com/content/9b07bad3-af81-4cd2-a98a-a750fcee9d2e

We are not powerless. Stop feeding the beast !

The relentless rise of second-hand

From Ikea to Vinted, younger consumers are showing a taste for pre-owned clothes and furniture. But can the sector actually make money?
Richard Milne (Financial Times)
JimmyB (he/him)
I think my cynicism comes from seeing my own, fairly politically aware family, continuing to do the stuff which they know is enabling.

Plus - as others pointed out on this thread - some is literally impossible to avoid.

I really would love to be wrong here.

@pvonhellermannn
@Pauline von Hellermann
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