news
Welcome to c/news! We aim to foster a book-club type environment for discussion and critical analysis of the news. Our policy objectives are:
-
To learn about and discuss meaningful news, analysis and perspectives from around the world, with a focus on news outside the Anglosphere and beyond what is normally seen in corporate media (e.g. anti-imperialist, anti-Zionist, Marxist, Indigenous, LGBTQ, people of colour).
-
To encourage community members to contribute commentary and for others to thoughtfully engage with this material.
-
To support healthy and good faith discussion as comrades, sharpening our analytical skills and helping one another better understand geopolitics.
We ask community members to appreciate the uncertainty inherent in critical analysis of current events, the need to constantly learn, and take part in the community with humility. None of us are the One True Leftist, not even you, the reader.
Newcomm and Newsmega Rules:
The Hexbear Code of Conduct and Terms of Service apply here.
-
Link titles: Please use informative link titles. Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed.
-
Content warnings: Posts on the newscomm and top-level replies on the newsmega should use content warnings appropriately. Please be thoughtful about wording and triggers when describing awful things in post titles.
-
Fake news: No fake news posts ever, including April 1st. Deliberate fake news posting is a bannable offense. If you mistakenly post fake news the mod team may ask you to delete/modify the post or we may delete it ourselves.
-
Link sources: All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. If you are citing a Twitter post as news, please include the Xcancel.com (or another Nitter instance) or at least strip out identifier information from the twitter link. There is also a Firefox extension that can redirect Twitter links to a Nitter instance, such as Libredirect or archive them as you would any other reactionary source.
-
Archive sites: We highly encourage use of non-paywalled archive sites (i.e. archive.is, web.archive.org, ghostarchive.org) so that links are widely accessible to the community and so that reactionary sources don’t derive data/ad revenue from Hexbear users. If you see a link without an archive link, please archive it yourself and add it to the thread, ask the OP to fix it, or report to mods. Including text of articles in threads is welcome.
-
Low effort material: Avoid memes/jokes/shitposts in newscomm posts and top-level replies to the newsmega. This kind of content is OK in post replies and in newsmega sub-threads. We encourage the community to balance their contribution of low effort material with effort posts, links to real news/analysis, and meaningful engagement with material posted in the community.
-
American politics: Discussion and effort posts on the (potential) material impacts of American electoral politics is welcome, but the never-ending circus of American Politics© Brought to You by Mountain Dew™ is not welcome. This refers to polling, pundit reactions, electoral horse races, rumors of who might run, etc.
-
Electoralism: Please try to avoid struggle sessions about the value of voting/taking part in the electoral system in the West. c/electoralism is right over there.
-
AI Slop: Don't post AI generated content. Posts about AI race/chip wars/data centers are fine.
view the rest of the comments


On a national level, if you take the GDP and divide it by hours worked (workforce times average labor hours per worker), you get about $72. 72 dollars per hour worked.
Anyone who says it's okay for a worker to receive less than half of this, let alone less than one sixth of it, should have a LOT of explaining to do.
If they think that the workers aren't so important, then why can't the economy be run without them?
Maybe at some point I'll tackle that issue. There are mechanisms that obfuscate it, but it should still be quite feasible. Under the liberal assumptions of free movement of capital and ideas, we should be able to make the corollary that what's done in one place can be done anywhere, and that there's nothing inherently better about sawmilling a pine tree or sewing a garment in Canada rather than doing the exact same thing in Honduras, or vice versa.
In other words, world GDP per capita matters, and can be used as a metric for something, which quantifies a mixture of two things. One is an industry underperforming materially compared to its peers (which flies in the face of orthodox economics, which assumes that for an underperforming national sector, a firm/FDI can make large profits by coming in and improving it); the other is economic imperialism, by way of uneven exchange, transfer mispricing, asymmetry of extractive and value-added industries, and limits on migration.
This stat hits really hard, though I don't know if the average American would actually understand it.
If you want to get mad, I've got more fun math right up my sleeve that lines right up with these numbers.
40% of the cost of everything is made up of wages. 60% is something else.
gdp is fake
Death to America
I mean, yeah, to the extent that all money is fake and CEOs' wealth in stock portfolios is fake.
Read my other comment about imperial superprofits where I suggest ways to demystify the variation of it.