I’m surprised actually, why aren’t they ancient? Is it because they need new blood to introduce new ideas that old folks wouldn’t be as quick to adopt?
The reason US politicians are ancient is because they’re just there to provide a veneer of democracy for the hoi polloi. They’re just figureheads who don’t make any actual decisions.
Genuine question, how does them being old make it seem more democratic? Wouldn’t it look better if the politicians were a similar age to the voters? I’m not saying you’re wrong I’m just a bit confused
I guess it is because they need to have a long career in politics to appear experienced. Well, they really do need to have experience to ratfuck everyone else and to build connections because particular politicians are a tools to ruling class and it don’t really care who is the one doing its bidding, so politicians do need to compete among themselves. Also the more ossified bureocracy is, the more ancient cadavers are getting propped by the vitrue of having more accumulated ties inside the bureocracy than the younger ones, that’s why US has Biden now and that’s why catholics had most of their popes.
Also name is a brand. People, especially content liberals and conservatives, are more likely to vote on someone they always heard than someone new.
Why bother lobbying people when you can just insert yourself directly into government? Market efficiency baby
Remember Lenin writing about merging state with monopolies? Here it is.
Black Rock also unfortunately invests in China, so I caution against… I don’t know what for once.
Blackrock invests primarily in the private sector, things like evergrande, the property speculation market, and the luxury brand sector, it’s one of reasons why China isn’t bailing out property companies like Evergrande, since BlackRock has deep investment in these speculator companies. The hope is that these companies will declare bankruptcy so that the Chinese government can nationalise them for greater public use, another fault I hope china corrects soon.
Why would them being nationalized be a fault?
I was meaning the speculator market companies which grew far too large during china’s development, and had the attention of predatory western investment companies which wanted to strengthen these companies. A fault to china’s goal to prosperity as these companies which were largely ignored, and allowed to fester into the tumors which blight china’s economy, a fault which needs correction. Something which china’s doing by nationalising them after they fail.