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Joined 2 years ago
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Cake day: September 19th, 2022

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  • Europe is already spending 430 billion Euros annually on defense (compared to about 150 or PPP adjusted 300 for Russia).

    This is not about pacifism, this is about not being manipulated into spending even more, when you could rather look into what you are already spending and use that more efficiently. There is a lot of potential to massively improve spending efficiency and also strengthen the defense capabilities.

    Defense is not the only problem Europe has, and also just ramping up defense spending elsewhere does not help the Ukrainians defend themselves against Russia.








  • The German constitution allows this kind of nationalization in times of crisis.

    My suggestion would be to refund these speculators the (inflation adjusted) pre-war value of the stock. That’s currently less than a tenth of the current stock price, to give you an idea how much they have already profitted.

    And it is a bit funny to argue state owned companies are less efficient and the same time fear-monger about the Russian war economy that is now fully state controlled. But yes, in times of peace when companies can freely chose what to produce, non-state owned companies tend to be more efficient.








  • I said nothing about socialist command economy 🙄

    Try reading up about “capitalist realism” and you might realize that there are a lot of other options than capitalism or socialist dictatorship. Anyone who argues in binaries like that is either extremely naive or has a capitalist agenda.

    And no. The benefit to Ukraine is indirect at best. Notice how the pundits like to always say “but Ukraine” and how there is a suspicious absense of concrete plans on how this increased defense spending is directly benefitting Ukraine?