CBDCs vs Wall Street?

What are central bank digital currencies (CBDCs), and why are banks on Wall Street lobbying against them? Could they be an alternative for average people, or would they create even more problems than they solve? Political economist Radhika Desai is joined by legal scholar Robert C. Hockett to discuss CBDCs, central banks, the Federal Reserve, and the banking system.
This is part of Radhika's show Geopolitical Economy Hour. You can watch other episodes of the program here: • Radhika Desai & Michae...
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[@M.M.Alam.Liberty]

Most Brilliant economists Dr. Radhika and Dr. Hudson 👏 👏. Love their sincerely and wisdom

[@M.M.Alam.Liberty]

Brave and Brilliant journalist Ben Norton 👏

[@francischow6303]

You should have Robert Hockett on more. Fascinating conversation.

[@ttystikkrocks1042]

I agree! What an interesting perspective!

[@hippopanotto]

This is what happens when you combine Marxist thinking with more modern understanding of the financial system. 18th-20th century thinking is helpful, but it’s not going to get us to a full understanding of our current predicament nor the fundamental leverage points for system change. Please invite Robert Meister for an even more in depth conversation on this line of thinking. We need a post Marxist modern understanding of money and power to continue this conversation. As good as Hockett was, his faith in any party candidates is misplaced, the powers that be will not provide any leverage for system change, and if pushed to restructure institutions, they will only do so as minimally as possible to SAVE the system like FDR did. Meister will discuss financial leverage points that will both entice and undermine financial institutions through one of the most important aspects of money (which Marx ignores)-the price of liquidity and who pays it to whom.

[@francischow6303]

@@hippopanotto like Keynes, his perspective is from inside the system. We need many viewpoints. In fact the US doesn't have an objective or plan for the future. It is just muddling through. And failing.

[@jeffery-r1l]

❤❤❤ THANKS TO Ben and his mate for valuable information

[@bcadams75]

Very interesting viewpoints. I often mention how the big U.S. banks are the most adverse to a CBDC because it eliminates the entire banking grift upon CBDC implementation.

[@simon359]

Boy, are you blind! CBDC is only about control in the AI digital world. Look who’s behind it at the WEF, of unelected bureaucrats, who do the bidding of the oligarchs!

[@Arjava.]

The private banks promoted the entire anti CBDC narrative, only they have fees to lose

[@yellowsheeps]

Precisely, CBDC's remove the "middle man" skimming profits for doing nothing the Government couldn't do themselves.

[@dave9547]

And centralises power in even fewer hands.

[@bjoon]

"the 'great' AOC" .... i almost puked

[@801oap]

It so strange that she would be put on a pedestal as if she isn't some fall in line with The Party Line type of political hack, nothing special or outstanding.

[@crhu319]

AOC = An OnlyFans Commentator

[@kazab873]

Me too

[@JACINC48]

well said AOC is a tool

[@ttystikkrocks1042]

I detected a strong note of sarcasm, but that could have just been me.

[@danborjal5435]

The idea is great but it is not possible within the capitalist system.

[@pausereflect5911]

I AGREE 💯

[@ObjectiveMedia]

1:37 the neoliberal “Democrat” party is NOT left wing in any way, it is centre right (and even that’s being very generous)

[@valerieprice1745]

It's actually Third Way Socialist, like the Chinese system. It's literally a Communazi model.

[@crhu319]

Techno-fascist

[@HaveYouTriedGuillotines]

@@crhu319 Kapp italist fah shist. Which is why I can't even say the word on here.

[@SwaggeRON]

You are all wrong, the right term is "center" crooks

[@HaveYouTriedGuillotines]

@@SwaggeRON You are wrong.They aren't in the center, they're hyper kapp italists.

[@lama5272]

China is somewhat doing that, individuals can deposit money with the government via reverse repo at an interest rate a bit higher than bank deposits 😊

[@christinecoughlan4699]

Gracias queridos amigos 🙏🏼🤝.

[@joseluisaguilaralonzo6374]

GREAT JOURNALISTS AND GOOD JOURNALISM

[@billappledorf]

Definancializing the economy by de-privatizing banking is precisely the way, in some form, to revive wealth creation by producing value and stop producing fictitious capital by extracting rents. Very gratifying to hear such thoughtful analysis of how to get this done. Thank you to Radhika and Ben for introducing Robert Hockett to G/E listeners. His books are number one now on my must-read list.

[@HaveYouTriedGuillotines]

CBDCs will accomplish nothing but the destruction of the safety of anonymity, and give massive korp orations a way to better track your finances. If you think for one second that they wont be embraced by finance in the end, you're a fo ol'.

[@billappledorf]

​@@HaveYouTriedGuillotines Giant corporations, banks, brokerages, and other financial services companies have access to every transaction you engage in online or using privately issued plastic. The security state has access to every bit of information every bank, corporation, brokerage, telecom, and social media host has about you. Your access to your money and the entire digital universe can be shut down in a heartbeat under the financial transactions regime in which we function right now Big finance scares you with Big Brother scenarios that already exist. The only differences between now and a world in which CBCDs replace private banks are that without banks you will not be gouged for fees or paid a pittance in interest, and, more importantly, a public banking system will facilitate investment in productive economic activity -- real wealth creation by adding value to raw materials and other inputs by performing R&D, building plant and equipment, employing labour, and manufacturing -- instead of enabling speculators to borrow money to buy and sell assets (everything is an asset in a financialized economy, including housing, the monthly rents and house prices for which speculators drive into the stratosphere), creating fictitious capital instead of increasing the actual wealth in an economy.

[@billappledorf]

@@HaveYouTriedGuillotines Giant corporations, banks, brokerages, and other financial services companies have access to every transaction you engage in online or using privately issued plastic. The security state has access to every bit of information every bank, corporation, brokerage, telecom, and social media host has about you. Your access to your money and the entire digital universe can be shut down in a heartbeat under the financial transactions regime in which we function right now Big finance scares you with Big Brother scenarios that already exist. The only differences between now and a world in which CBCDs replace private banks are that without banks you will not be gouged for fees or paid a pittance in interest, and, more importantly, a public banking system will facilitate investment in productive economic activity -- real wealth creation by adding value to raw materials and other inputs by performing R&D, building plant and equipment, employing labour, and manufacturing -- instead of enabling speculators to borrow money to buy and sell assets (everything is an asset in a financialized economy, including housing, the monthly rents and house prices for which speculators drive into the stratosphere), creating fictitious capital instead of increasing the actual wealth in an economy.

[@billappledorf]

@@HaveYouTriedGuillotines Big Finance scares its opposition with Big Brother scenarios that already exist today. Private banks and financial speculators are the only losers when CDBCs enable banking to be run as a public utility. .Everyone else wins as housing is definancialized, which stops house prices and monthly rents increasing exponentially with zero economic justification, and loans are no longer extended for speculation but are used to invest in productive economic activity that adds value to raw materials and other components, creating material wealth.

[@HaveYouTriedGuillotines]

@@billappledorf This isn't big finance fearmongering you. This is reality, and you're denying it. CBDCs are the end of all forms of freedom, and the beginning of big finance's absolute rule. Currency needs to be anonymous, to limit the power of financial institutions. You're walking right into the jaws of what you claim to fear.

[@AprenderEconomia21]

We had former governor of bank of spain on our channel commenting why central bankers cant say the problems with deposits that cbdc or any form of public money could solve

[@breaking3837]

The Dynamic Duo! ❤

[@silverbeernuts4229]

Excellent discussion! Learned a lot! Thank you.

[@algreen1]

Never use CBDCs

[@RussCR5187]

Resist with every ounce of strength you have. Our personal freedom is at stake.

[@pausereflect5911]

Weren't we supposed to ELIMINATE The Fed altogether and have a Central Bank WITHOUT Private shareholder companies???? Let's do that BEFORE CBDC or did he say that and I missed it? I got that he SAID Regional Banks!

[@RussCR5187]

@@pausereflect5911 A point to be made is that the objectives of CBDC (surveillable, controllable money) can be achieved by not just restricting people to central bank accounts that can be monitored. CBDC has become somewhat of a poison word politically. They're likely to make an end-run around it, perhaps with something like stable-coin and a very small set of banks that can easily be put under a centralized control mechanism (most likely aided by sophisticated AI).

[@Djordje-pr6vb]

​@@RussCR5187what personal freedom? I stll can't get dmt

[@RussCR5187]

@@Djordje-pr6vb Let's start with the freedom to buy something, using cash, and not have anyone but the buyer and seller know about it. Remove cash and you remove that freedom.

[@richardleenders8243]

Great report 👍 thanks to Robert brilliant man 👍 and a bigger thanks to Ben and Dr Radhika. .. My education level has just increased ❤

[@roberthockett270]

❤❤❤

[@BestFitSquareChannel]

Profound learning experience. Absolutely brilliant. Thank you. Best wishes.

[@roberthockett270]

❤❤❤

[@nycboogie]

Very interesting that Michael is not included in this conversation

[@ttystikkrocks1042]

This was not an interview of Micheal Hudson's ideas. It's okay if they let him take a break sometimes!

[@mythbusterthe6749]

If they won't apply blockchain algorithms or linked gold assets into CBDC in the state, what is the point? It exists in name only with more control by the govt to manipulate.

[@valerieprice1745]

It would have to be fully exchangeable for gold and silver, and absolutely private. That would defeat the purpose, and it wouldn't last. The government would use it against us eventually.

[@mtrest4]

They will do that to get people into cbdc. Once in, the rules will be changed and nobody can get out. Bait and switch.

[@mythbusterthe6749]

@@valerieprice1745 You don't have to do that. Just make sure your government pegged it to gold assets and your dollar will be worth it's value in gold. Every extra dollar they started printing will devalue the value of the currency.

[@danielhutchinson6604]

@@valerieprice1745 Like the Wiemar German Government did? Hitler used a similar method to restore Germany to power. Temporaraily.......

[@MooseBme]

@@valerieprice1745 Yes. Everything but the "absolutely private" part. "Digital fingerprints."

[@RussCR5187]

Mr. Hockett says a lot of words. Most of those words dance around the real issues.

[@Djordje-pr6vb]

Strip**** he was very clear why,

[@roberthockett270]

Huh? Pray tell what you take to be 'the real issues.'

[@therach7841]

​@@roberthockett270That your entire financial existence can be controlled in the blink of an eye. This plan is absurd to purpose in a time when our corrupt govt is welding sanctions and dollar hegemony as one of the weapons in their war to maintain hegemony. I mean look what they're doing with suppressing dissent on social media. Look at the recent arrests/detentions.

[@MegaSteve1957]

Excellently informative- thank you all.

[@mtrest4]

It's a terrible dystopian nightmare that will take a revolution to get rid of if it comes into existence.

[@Djordje-pr6vb]

It really seems that way

[@lastnamefirstname2390]

CBDCs. This is the topic I've wanted this channel to discuss for ages.

[@Do-U-Know]

great discussion ! Thx

[@roberthockett270]

❤❤❤

[@ESuccessMasters]

Fantastic discussion 🙏🏻🙏🏻🙏🏻💕💕💕❤️❤️❤️🌟🌟🌟🌟🌟🌟🌟

[@williamhoward8732]

Excellent interview. Thanks for broadening my understanding.

[@bertanelson8062]

Human consciousness is the true issue here. As long as we operate as I, ME, MINE rather than WE, US, OURS we will always have those who wish to own & control for their own gain to the detriment of others. China has a stated goal of world prosperity predicated on the idea that if all have enough, no one will desire more. Of course, on the way to this prosperity come the cultural values of sharing, community, mutuality, etc.

[@Turdfergusen382]

Love you guys. Thank you Ben and Radhika. You should interview James Corbett on this topic. This is only the half of it.

[@saturnFIV3]

If wall street is against CBDCs, that's one thing we can agree on.

[@ThorusCrusius]

Don't be tempted to think that the WS doesn't know that kind of thinking...

[@HaveYouTriedGuillotines]

​@@ThorusCrusius It doesn't matter what wallstreet knows. CBDCs will accomplish nothing but the destruction of the safety of anonymity, and give massive korp orations a way to better track your finances. If you think for one second that they wont be embraced by finance in the end, you're a fo ol'.

[@HaveYouTriedGuillotines]

@@ThorusCrusius CBDCs will accomplish nothing but the destruction of the safety of anonymity, and give massive korp orations a way to better track your finances. If you think for one second that they wont be embraced by finance in the end, you're a fo ol'.

[@HaveYouTriedGuillotines]

@@ThorusCrusius It doesn't matter what w0ll street knows. w0ll street is fighting it because they don't yet control it. They will control it in the end.

[@HaveYouTriedGuillotines]

@@ThorusCrusius It thus doesn't matter what wall

[@breaking3837]

CONTROL!!!!

[@not_really_asl]

Digital currencies are coming no matter what, just like electricity, cars, internet and every other technological advancement. Those who won't adopt them will be left behind. CBDCs are not the problem, people in power are.

[@simon359]

Trusting the government is like trusting a serial killer!

[@andreaskaphengst8121]

Not if the majority reject them.

[@simon359]

@@andreaskaphengst8121 Why do you think they control the food and water! Control your education and tax the heck out of you - because they can!

[@andreaskaphengst8121]

@@simon359I was referring to rejecting the CBDC’s.

[@andreaskaphengst8121]

@@simon359I have never trusted the government

[@pecan11]

What a fascinating conversation. Mr. Hockett is a great speaker and explained it all very well.

[@instantpotenjoyer]

Great fresh ideas on this program. Thank you all

[@whattheheckisthisthing]

You don't need to use a private bank. There are credit unions.

[@kwakkers68]

+1 !!

[@roberthockett270]

CUs are private sector too. They're superior to commercial banks, but don't kid yourself into thinking they are not private sector institutions backed by the government in precisely the same way that banks are.

[@Guitarpima]

CBDCs are owned by Wall Street. Who do you think owns the federal reserve? It is the same as bitcoin with one difference. With bitcoin, nobody has control of the Blockchain. With CBDCs, the federal reserve has control of the Blockchain.

[@pausereflect5911]

Radhika ❤️. You too Ben. Thank you.

[@fredocuomo5386]

cbdc's will strip all americans of their rights..we will no longer be able to speak out against, question, or protest our govt..doing so will result in our losing access to money..the govt should never be allowed that power..im no fan of trump or either party, in fact i think the whole system is shit..but i will vote for whichever party prevents cbdc's

[@Arjava.]

Plutocracy already controls the state and the banks

[@2ndattention]

Agreed but be wary of a pivot to dollar-backed stablecoins. It provides a similar level of financial and political control but not issued by a centralized authority.

[@fredocuomo5386]

@2ndattention usd backed stablecoins should only be for liquidity on exchanges..I'd rather see btc backed usd, but im wary of that as well..ideally we should use btc as a long term strategic asset coupled with a reining in of our spending..currently adding $1 trillion to the debt every 100 days..fed wastes $198 million/month just in interest payments, they give out 5% but only take in 2-3%..unfortunately the geriatrics that rule us are hell bent on ruining their great great grandchildrens future

[@yellowsheeps]

Do you even have a brain? People are already being stripped of their rights in the West without CBDC's. The tool (CBDC's) isn't the problem....it's always the "authority" wielding the tool. The question for every society is "how should one select their leadership". Western style democracy is NOT the answer and that should be evident.

[@HiggsBoson2149]

They can do that already. They can freeze your bank account. They can freeze your credit cards. They can get you fired. They can confiscate your house or car. And much worse.

[@ThorusCrusius]

I learned the hard way why cash is important to literally survival after the repressive German state took action.

[@Arjava.]

There is no way around politics, common people must be sovereign and can then use tools like CBDC and development banks

[@kazab873]

Yes, I forget her name, there's a German journalist in Donbass whose mother had her pension stopped...barbaric and truly frightening

[@MooseBme]

GREAT VIDEO AND COMMENTS, THANKS!

[@Glenn_Ratcliffe]

Yes I no &welcome unexpected Ben 💪

[@Guitarpima]

49:53 why do we have a federal reserve? Because, the US treasury must show all receipts. Again, the federal reserve is a private bank.

[@Paithagoras_]

Excellent discussion!

[@iainparker7842]

Thank you for introducing me to Robert Hockett. A great addition to your already very insightful regulars.

[@kathri1006]

All the bankers are not the same. It bodes well for us to understand the nuances. Though they are a single tribe, like in a family, even every sibling has a different agenda. The commercial bankers have different interests to central ones and even among the commercial ones, the co operative banks, if they ever exist, will be different in their intentions to predatory big banks, which can be global. Anything like fire in itself, neither good or bad, but is a tool. It is how things are used. That depends on who is running the show and on whose behalf. We, the people, can not be sleeping on the wheel. We need to learn, be smart, and drive the agenda in the interest of the many, to raise the living standards of the people, global not only national.

[@baraji4653]

Thank you for uploading.

[@m.rebman7221]

A very important discussion with imminent practicality if the will should arise.

[@mohammedaldhufairi9798]

Please make the discussion easy to the benefit of audience to school us about why digital currency as I can't understand so far

[@RussCR5187]

The real goal of CBDC is total control by the few at the top. How? The use of digital money, in the absence of cash, can be monitored in real time. No more private transactions. With the aid of AI, the use of your money can be controlled by a central authority. That kind of power always gets abused. As you probably are aware, digital surveillance is everywhere. Our personal information is being collected daily in everything we do. Now make that big database of personal information accessible to the system that can turn off financial transactions in real time at the point of sale. If you "misbehave" online or anywhere else surveillance is taking place, the central authority can punish you financially. We end up in financial cages, with no more real personal freedom. Bad.

[@oteyokwa2544]

NO to CBDC....its all about control.

[@yellowsheeps]

It depends on the Government you have. Like an axe, it can be used to build a log shelter or murder.

[@thecomment9489]

​@@yellowsheeps That and aldo because he is deluded.

[@valerieprice1745]

​@@yellowsheepsIf a government has an ax, that government will use it. People always abuse power.

[@mtrest4]

​@@yellowsheeps Govts change and get corrupted.

[@RussCR5187]

@@valerieprice1745 Yes, partly because psychopaths inevitably rise to powerful positions. Why? Because they couldn't care less who they have to run over to get there. What we DON'T want is people incapable of empathy in leadership positions.

[@Guitarpima]

15:51 as long as you play by their rules, you will lose. Do not forget, rich people let us take part in “their“ monetary system.

[@selisagaba1874]

Thank you Ben and Redika and your guest. Does Connell university offer financial law online?

[@roberthockett270]

Some. Please feel free to email me.

[@johanfonwinkle]

Fuuk CBDC Fuuk Digi KZ Fuuk Reset Viva la Revolucion!!!!!!

[@poltorn4580]

We is this guy given a platform to speak? We have learned these lessons many many times.

[@roberthockett270]

There's this cool thing called Google. Or you can simply listen to Radhika's introduction. Wild-eyed idea, I know.

[@farinshore8900]

Can we talk about the factor of programability?

[@mtrest4]

It will be programmed so only yes men will have full access to their earnings and savings.

[@jackjones3585]

Are we saving capitalism now?

[@richardwilliams1986]

If you try to recover energy dumped outside by the condenser, you'll need to call the ac technician to tell them the ac isn't cooling inside the house. The hot air dumped outside wouldn't work well, high minus low temperature say 105 minus 98 degrees would be super inefficient. The refrigerant needs cycling, the 3rd law of thermodynamics say entropy is greater than 0.

[@olaolara883]

Cbdc is the end of freedom!

[@CarlRoberts-h2v]

Two wrong do not make a right 😂😂😂😂❤

[@AlmaMercer]

There's so much corruption going on banking , corporations , how will this be effective in stopping that?

[@Guitarpima]

Why doesn’t anyone understand? Why do we have a federal reserve? Because, the United States treasury must show all receipts. That’s what the battle is always about. What does Blockchain technology do? All receipts are counted. The federal reserve wants control of the block chain.

[@Guitarpima]

11:59 I should have waited for my comment. This is exactly what I always say. Until common “services“ are taken from parasites, nothing will change. Why do we have a federal reserve? Because, the US treasury must show all receipts.

[@jamysmith7891]

Please continue

[@dartvader4081]

CBDCs vs Wall Street?!... these two are on the SAME side.

[@roberthockett270]

Only if we let them.

[@dartvader4081]

@@roberthockett270 Only if your name is the FED, Goldman S4chs or JP M0rg4n... which is NOT the case.

[@mystictraveler8642]

I wish ben had more time to speak.

[@kevinmccormick7671]

Has the guest ever heard of the NEED Act - HR 2990 introduced in 2011? This program was very interesting and informative, but nevertheless only talked around the banking cartel credit-money system and snippets of Marxism. The program failed to note how commercial banks create 97% of the money supply by creating loans and deposits. For some reason people often want to nationalize banks, but what needs to be nationalized is the money itself. Then banks need to be prevented from issuing credit money and undermining public money (and public interest policy). Refer to the NEED Act for a plan of how accomplish actual monetary reform instead of partial band-aid solutions.

[@MrMurraymanson]

Thanks

[@Seve141]

Setting technology aside, which is truly a nonissue. The eminent benefit to society would be to nationalize all banking.

[@Guitarpima]

19:25 call them treasury accounts.

[@Turdfergusen382]

Umm, yeah…..HELL NO!

[@lindaanderson3698]

Wow, that's what I want direct control of my account by the Fed and giving them access to everything I do. 😅

[@roberthockett270]

Yep I want Jamie Dimon to have that control. I'm thinking of giving him my children next.

[@marks1167]

What I find worrying with his theory in times of high inflation they get to restrict your spending, We had good banks in the past until the nineteen eighties Nothing new here to see

[@charlotteruse8718]

The most important point was cited when she said it sounds "highly technological." That's because the "Trojan Horse" is the surveillance technocracy which is going to be installed by the techno/fascists.

[@martincanolopz5712]

Gracias por su excellent info👍👍👍👍👍👍👍

[@Siskos-pn7nd]

Is it auditable? Who and how is the accuracy of transactions assured?

[@crhu319]

CBDC = Control Business & Dissent Completely

[@RussCR5187]

Good one.

[@HaveYouTriedGuillotines]

Business already

[@HaveYouTriedGuillotines]

controls you and

[@HaveYouTriedGuillotines]

the government.

[@HaveYouTriedGuillotines]

You have

[@Sir_Ray_LegStrong_Bongabong]

hi ben norton good day to you

[@almcl9391]

Efficiency, convenience, ... centralisation, control, exploitation, ... Dollar denomination, Dollar here, ... Dollar there (whether you like it or not, creep, creep..), Dollar everywhere Who does Wall Street work for ?, who does the Fed work for ? Hmm

[@donklee3514]

What a great term, speculative wealth.

[@AlyxMSC]

Nervously watching through that part around 7:30 not sure if Ben turned into a statue or not

[@PascalLeclercNish]

Could you speak about Paul Watson please, his arrest is scandalous. A new Assange case? Thank you!

[@Guitarpima]

14:27 capital and currency are two different things. It takes capital to generate currency.

[@roberthockett270]

It's rather more complicated than that. Read. www.bu.edu/rbfl/files/2022/01/Robert-C.-Hockett.pdf

[@imbariegh]

Why do not use stablecoins on existing blockchains for this purpose? If States accepts transactions on blockchains they can emit money and accept taxes on chain

[@estevaocachiliva3249]

Longer videos please

[@markuspfeifer8473]

"My take is in fact orthodox Marxian" The take: "Let's change words to try to trick the elites into giving us reforms!"

[@deannatomski5106]

Actually, similar system existed in the former Soviet Union. One bank was for all peoples accounts and separate bank for state disposal ( reserves, currency, state investments for infrustructure.) There was no middle man as various banks and the system worked well for a regular John but not for businesses. Nothing is new under this sun. It Turnes out it existed before in some forms. 😉

[@qjtvaddict]

Interesting

[@xanxa5ac]

This sounds like a such a terrible idea. No wonder Prof. Hudson sat this one out.

[@Victor-le5qm]

if the intention is to be more efficient a nd help the masses, they can do that NOW. We dont need cbdc to accomplish that.

[@gailclough1665]

Sorry this fella went over my head most of the time

[@xiaoyanzhang56]

AOC Pelosi

[@jeffklenovic4386]

At this point, I would not count on AOC or anybody else in the major parties to lead the way.the "squad" has already lost members and AOC has moved with tbe Democratic party further to the right.

[@Guitarpima]

45:33 what? Do you want people to use correct terms? If we stop using the lexicon given to us by those who wish to deceive, how will we lose?

[@stella3265]

I am not quite sure why Ben refuses to invite Yanis Varoufakis on his show. Why?

[@Marco-hb4pt]

because Yanis is not a total shill for china

[@100c0c]

​@@Marco-hb4pt what did yanis say that was bad for China?

[@BocaoZ]

I stopped watching @1:43 when she said “the great AOC”.

[@praveen6777]

She is Marxist and all the names she took like to ro Khanna

[@francischow6303]

Do we really need to restart productive capitalism, or is this retrograde ? The means of production (outsourced or not, it was sourcable) having reached the point where communism is possible ? Radhika's casino economy could be seen as the video game or virtual economy. Basic n eds are provided for, but people compete online in a virtualized economic game, and earn virtual money.

[@TJL2010]

I guess this guy has never heard of BTC.

[@eroceanos]

Sounds like the pest or the cholera to me...

[@julienbengkee5422]

Liberty Equality Fraternity!!

[@valerieprice1745]

Something like half a million people were murdered in the name of liberty, equality, fraternity. I'll stick with the Constitution.

[@shrappnells]

Zerps to the fucking moon.

[@almcl9391]

Snakeoil

[@ShakespeareJoyce-h8q]

Smith Jeffrey Anderson Gary Lopez Laura

[@spineffect6329]

Lol